Name | Value |
---|---|
Revenues | 3,840.2K |
Cost of Revenue | 0.0K |
Gross Profit | 3,840.2K |
Operating Expense | 5,490.1K |
Operating I/L | 3,224.0K |
Other Income/Expense | -5,910.0K |
Interest Income | 0.0K |
Pretax | -2,686.0K |
Income Tax Expense | -6,946.0K |
Net Income/Loss | -2,686.0K |
BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed-ended fixed income mutual fund managed by BNY Mellon Investment Adviser, Inc. The fund primarily invests in tax-exempt investment grade debt obligations issued by U.S. states and their political subdivisions, focusing on infrastructure sectors such as transportation, energy, utilities, social infrastructure, water, and environment. It targets securities rated BBB- and above by S&P and Fitch, and Baa3 and above by Moody's, with an effective duration of up to 14 years. Employing fundamental and quantitative analysis, the fund actively trades among sectors to exploit pricing inefficiencies in the municipal bond market, aiming to generate returns for its investors.