STOCK TITAN

First Trust group discloses 10.06% holding in DMB (NYSE: DMB)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation jointly report beneficial ownership of 10.06% — 1,851,290 shares — of Common stock of BNY Mellon Municipal Bond Infrastructure Fund, Inc. as of 03/31/2026. The filing states the position represents shared dispositive power only and is filed pursuant to Rule 13d-1(k)(1). The filing explains unit investment trusts sponsored by First Trust hold the shares, trustees typically vote those shares, and the reporting parties disclaim beneficial ownership. Signatures are dated 04/07/2026.

Positive

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Negative

  • None.

Insights

Joint filing shows an institutional sponsor group holds 1,851,290 shares (10.06%) via unit trusts.

First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report 10.06% ownership of the issuer's common stock, with shared dispositive power over 1,851,290 shares as of 03/31/2026. The disclosure attributes voting to trustees of unit investment trusts and disclaims direct beneficial ownership by the reporting entities.

The practical implication is that the reported stake reflects holdings across sponsored unit trusts and advisory relationships rather than direct proprietary ownership by the reporting entities; subsequent voting activity will depend on trustees and trust agreements.

Shares beneficially owned 1,851,290 shares Amount beneficially owned as reported in Item 4(a)
Percent of class 10.06% Percent of class as reported in Item 4(b)
Reporting date 03/31/2026 Ownership amount reported as of this date
Signature date 04/07/2026 Date the filing was signed by James M. Dykas
CUSIP 09662W109 Identifier listed on the cover information
shared dispositive power regulatory
"Shared Dispositive Power 1,851,290.00"
unit investment trusts financial
"unit investment trusts which hold shares of the issuer"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.
Rule 13d-1(k)(1) regulatory
"jointly filed by ... pursuant to Rule 13d-1(k)(1)"
disclaims beneficial ownership regulatory
"Each of ... disclaims beneficial ownership of the shares"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does First Trust report in BNY Mellon Municipal Bond Infrastructure Fund (DMB)?

The filing reports a 10.06% stake, equal to 1,851,290 shares as of 03/31/2026. The position is disclosed as shared dispositive power held across unit investment trusts and advisory arrangements rather than sole proprietary ownership.

Who filed the Schedule 13G/A for DMB and under what authority?

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly filed under Rule 13d-1(k)(1). The report attributes holdings to unit investment trusts and notes trustees vote trust-held shares.

Does the filing indicate voting control over the reported shares?

The filing states the reporting persons have no sole voting power and that the shares are voted by trustees of the unit investment trusts. It reports shared dispositive power for 1,851,290 shares.

Are the reported shares directly owned by First Trust or held on behalf of others?

The shares are held by unit investment trusts and other accounts for which First Trust acts as sponsor or advisor. The filing explicitly disclaims direct beneficial ownership by the reporting entities.

When was the Schedule 13G/A signed and filed?

The signatures on the filing are dated 04/07/2026. The ownership figure is reported as of 03/31/2026, per the filing information.





09662W109

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



First Trust Portfolios L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:04/07/2026
First Trust Advisors L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:04/07/2026
The Charger Corporation
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer and Treasurer
Date:04/07/2026
Exhibit Information

Please see Exhibit 99.1 for Joint Filing Agreement