Dreyfus Municipal Bond Infrastructure Fund, Inc. Reports Earnings Results for the Year Ended February 28, 2015
May 12, 2015 at 02:28 am IST
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Dreyfus Municipal Bond Infrastructure Fund, Inc. reported earnings results for the year ended February 28, 2015. Net investment income was $14.3 million or $0.78 per share against $11.4 million or $0.63 per share last year. Net investment income after dividends paid to VMPT shareholders was $13.4 million or $0.73 per share against $10.9 million or $0.60 per share last year.
Net asset value per share was $13.85 against $12.42 at the end of last year.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek to provide as high a level of current income exempt from regular federal income tax as is consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing in municipal bonds. Under normal circumstances, the Fund invests at least 80% of its managed assets in municipal bonds issued to finance infrastructure sectors and projects in the United States. Infrastructure sectors and projects include transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors and projects that support or facilitate the development or improvement of economic, health, and cultural and social standards in the United States. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor. Insight North America, LLC is its sub adviser.
BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. 