NYSE:DMB

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BNY Mellon Municipal Bond Infrastructure Fund

Executive Summary

BNY Mellon Municipal Bond Infrastructure Fund, Inc. More Details


Snowflake Analysis

Share Price & News

How has BNY Mellon Municipal Bond Infrastructure Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DMB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: DMB's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

2.2%

DMB

1.0%

US Capital Markets

-0.7%

US Market


1 Year Return

-3.6%

DMB

38.8%

US Capital Markets

36.6%

US Market

Return vs Industry: DMB underperformed the US Capital Markets industry which returned 36.1% over the past year.

Return vs Market: DMB underperformed the US Market which returned 41.9% over the past year.


Shareholder returns

DMBIndustryMarket
7 Day2.2%1.0%-0.7%
30 Day-2.1%10.8%4.3%
90 Day1.3%17.0%8.1%
1 Year1.1%-3.6%42.2%38.8%39.6%36.6%
3 Year33.6%15.6%40.1%29.7%53.5%43.7%
5 Year38.4%8.6%152.2%121.0%123.7%98.8%

Long-Term Price Volatility Vs. Market

How volatile is BNY Mellon Municipal Bond Infrastructure Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BNY Mellon Municipal Bond Infrastructure Fund undervalued compared to its fair value and its price relative to the market?

54.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DMB ($14.19) is trading above our estimate of fair value ($4.59)

Significantly Below Fair Value: DMB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DMB is poor value based on its PE Ratio (54.7x) compared to the US Capital Markets industry average (23.1x).

PE vs Market: DMB is poor value based on its PE Ratio (54.7x) compared to the US market (21.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DMB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DMB is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (14.4x).

Future Growth

How is BNY Mellon Municipal Bond Infrastructure Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BNY Mellon Municipal Bond Infrastructure Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BNY Mellon Municipal Bond Infrastructure Fund performed over the past 5 years?

0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DMB has a large one-off loss of $7.0M impacting its August 31 2020 financial results.

Growing Profit Margin: DMB's current net profit margins (27.7%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: DMB's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: DMB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DMB had negative earnings growth (-78.8%) over the past year, making it difficult to compare to the Capital Markets industry average (10.5%).


Return on Equity

High ROE: DMB's Return on Equity (1.4%) is considered low.

Financial Health

How is BNY Mellon Municipal Bond Infrastructure Fund's financial position?


Financial Position Analysis

Short Term Liabilities: DMB's short term assets ($5.8M) exceed its short term liabilities ($2.6M).

Long Term Liabilities: DMB's short term assets ($5.8M) do not cover its long term liabilities ($59.9M).


Debt to Equity History and Analysis

Debt Level: DMB's debt to equity ratio (17.8%) is considered satisfactory.

Reducing Debt: DMB's debt to equity ratio has increased from 11.4% to 17.8% over the past 5 years.

Debt Coverage: DMB's debt is well covered by operating cash flow (23.1%).

Interest Coverage: DMB's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet

Dividend

What is BNY Mellon Municipal Bond Infrastructure Fund current dividend yield, its reliability and sustainability?

4.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DMB's dividend (4.48%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: DMB's dividend (4.48%) is in the top 25% of dividend payers in the US market (3.72%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DMB has been paying a dividend for less than 10 years.

Growing Dividend: DMB's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (244.5%), DMB's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average board tenure


CEO

BNY Mellon Municipal Bond Infrastructure Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Joseph DiMartino
Chairmanno dataUS$4.08kno data
Gordon Davis
Independent director8.17yrsUS$660.00no data
Whitney Gerard
Directorno datano datano data
George Perry
Directorno datano datano data
Benaree Wiley
Independent Director8.17yrsUS$3.26kno data
Roslyn Watson
Directorno datano datano data
Francine Bovich
Director Nomineeno datano datano data
Nathan Leventhal
Independent Director8.17yrsUS$3.26kno data
Robin Melvin
Director Nomineeno datano datano data
John Cardona
Director Nomineeno datano datano data
Isabel Dunst
Director Nomineeno datano datano data

8.2yrs

Average Tenure

73yo

Average Age

Experienced Board: DMB's board of directors are considered experienced (8.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BNY Mellon Municipal Bond Infrastructure Fund, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BNY Mellon Municipal Bond Infrastructure Fund, Inc.
  • Ticker: DMB
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$260.920m
  • Shares outstanding: 18.39m

Location

  • BNY Mellon Municipal Bond Infrastructure Fund, Inc.
  • 200 Park Avenue
  • New York
  • New York
  • 10166
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DMBNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2013

Biography

BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of th...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/02 23:33
End of Day Share Price2021/03/02 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.