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02.07.25 - 22:12
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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution (Business Wire)
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NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0380 per share of common stock, payable on August 1, 2025 to shareholders of record at the close of business on July 17, 2025. The ex-dividend date is July 17, 2025. The previous distribution announced in June was $0.0380 per share of common stock.
The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or, in addition to paying out current net investment income, the Fund may pay out accumulated undistributed income, or may return capital. As market conditions and portfolio performance may change, the rate of distributions on the Fund's shares of common stock and the Fund's distribution policy could change.
Important Information
BNY Mellon Investment Adviser, Inc., the investment advi...
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02.07.25 - 01:37
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"This Is The Next Level": AI-Powered "Digital Workers" Deployed At Major Bank To Work Alongside Humans (ZeroHedge)
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"This Is The Next Level": AI-Powered "Digital Workers" Deployed At Major Bank To Work Alongside Humans
If you're working in banking, your next colleague could be a bot. Once unthinkable, the Bank of New York Mellon announced that it has deployed dozens of artificial intelligence-powered “digital employees” that operate with human employees, and even have their own company login credentials.
The Wall Street Journal reports:
Similar to human employees, these digital workers have direct managers they report to and work autonomously in areas like coding and payment instruction validation, said Chief Information Officer Leigh-Ann Russell. Soon they'll have access to their own email accounts and may even be able to communicate with colleagues in other ways like through Microsoft Teams, she said.
What the bank, also known as BNY, calls “digital workers,” other banks may refer to as “AI agents.” And while the industry lacks a clear consensus on exact terminology, it...
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27.06.25 - 22:12
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BNY Mellon Municipal Bond Closed-End Funds Declare Distributions (Business Wire)
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NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable July 31, 2025 to shareholders of record on July 14, 2025, with an ex-dividend date of July 14, 2025.
Fund
Ticker
Monthly
Distribution
Per Share
Change from
Prior Monthly
Distribution
Per Share
BNY Mellon Strategic Municipal Bond Fund, Inc.
DSM
$0.023
--
BNY Mellon Strategic Municipals, Inc.
LEO
$0.023
--
Important Information
BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments. BNY Investments is one of the world's largest asset managers, with $2.0 trillion in assets under management as of March 31, 2025. Through a client-first approach, BNY Investments brings investors specialist expertise through its seven investment...
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