BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB): fair value, margin of safety and Wheel Score

Is DMB undervalued?

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) closed at 9.57 on 16 Oct 2026, close to the GLS average fair value of 10.08 (5.1% below fair value). 3 of the 8 models that produced a number sit above the price, 5 below - the market and our models roughly agree. With little margin of safety either way, the case for or against the stock rests on the quality numbers and the option premium rather than on price.

There is a wide gap between EPV (3.44) and Graham Growth (17.73). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

The nightly engine files DMB under High Yield Income: a dividend yield above 4%.

Nine valuation models for DMB

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

BNY Mellon Municipal Bond Infrastructure Fund, Inc. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 2.8/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.

Returns on capital are thin or negative - ROIC 2.1%, ROE 2.5%, ROA 1.6% - with debt at 0.19 times equity and a free-cash-flow yield of 5.1%.

The dividend yield is high at 5.64% (payout ratio 147%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.

Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 35: No options

No options are listed on BNY Mellon Municipal Bond Infrastructure Fund, Inc. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 35) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.

Volume runs at 163k shares a day on a market cap of $176M, with a beta of 0.55 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 7 of 20.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.

Upcoming events

No upcoming earnings date is recorded for DMB in the nightly calendar. The shares go ex-dividend on 19 Oct 2026 (0.0500 per share), so a covered call sold before then carries a small early-assignment risk around that date.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Asset Management - Bonds

The 12 companies below are the closest to BNY Mellon Municipal Bond Infrastructure Fund, Inc. by market cap within the Asset Management - Bonds industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare DMB with 7 of them   All Financial Services stocks →