Allspring Global Investments Holdings, LLC filed a Schedule 13G reporting ownership of 958,161 shares of BNY Mellon Municipal Bond Infr common shares, representing 5.2% of the class as of 09/30/2025. The filer states sole voting power for 688,619 shares and sole dispositive power for all 958,161 shares. The securities are held of record by clients of investment advisers affiliated with the reporting entity; no single client is known to hold more than 5.0% of the class.
The filing is made under the Schedule 13G framework indicating passive/investment-adviser ownership and includes Exhibit A listing subsidiaries and investment-adviser entities. The filing certifies the holdings were acquired in the ordinary course of business and not for the purpose of influencing control.
Lisa M. King filed an initial Form 3 disclosing her relationship to BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB). The form identifies her as a Director and an Officer with the title "VP & Asst Secretary." The event date requiring the statement is 03/31/2024. The filing reports 0 shares of common stock beneficially owned, listed as direct ownership with no indirect holdings or derivative securities disclosed. The document is signed "/s/ Lisa M King" with a signature date of 09/29/2025. No amendments, no derivatives, and no additional explanatory detail are included in the filing.
Roberto Gaetano Mazzeo filed an initial Form 3 reporting his relationship to BNY Mellon Municipal Bond Infrastructure Fund, Inc. (Ticker: DMB) following an event on 06/15/2024. He is identified as an Officer with the title Assistant Treasurer. The filing shows zero common shares beneficially owned and no derivative securities reported, providing a clear disclosure of current lack of equity holdings in the issuer.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. ("DMB") will hold its 2025 virtual Annual Meeting on 12 Sep 2025. Stockholders of record as of 25 Jun 2025 will vote on three items:
- Proposal 1: Elect Class II directors J. Charles Cardona, Nathan Leventhal (RVMTP designee) and Robin A. Melvin for three-year terms. The Board’s Nominating Committee unanimously nominated all three.
- Proposal 2: A non-binding activist proposal from Saba Capital Master Fund to declassify the Board, thereby making all directors subject to annual election.
- Proposal 3: Other business that may properly arise.
The Board recommends “FOR” its nominees and “AGAINST” de-classification, arguing a staggered Board supports independence, continuity and long-term focus. Implementing Proposal 2 would require a separate charter amendment approved by at least 75 % of outstanding shares.
Fund capital structure as of 25 Jun 2025: 18,405,972.803 common shares and 750 RVMTP shares outstanding. Election of Cardona and Melvin will be by combined common and RVMTP vote; Leventhal will be elected solely by RVMTP holders. Quorum is a majority of outstanding shares, and virtual attendance counts as in-person for quorum purposes.
Audit Committee reappointed Ernst & Young LLP; FY24/FY25 audit fees were $38,931 and $39,710, respectively.