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Stock impact report

MHF: A Look At The 6% Tax Advantaged Yield [Seeking Alpha]

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) 
Company Research Source: Seeking Alpha
The fund has some solid advantages and we weigh that versus the difficulty of sustaining the 6% yield. Conservative Income Portfolio members get exclusive access to our real-world portfolio. See all our investments here » Municipal bonds provide income in a relatively low risk manner. These bonds are issued by local governments and designed to meet the day to day needs. Some of them are issued to fund larger projects including revamping the existing infrastructure or building new schools, parks and community centers. These bonds are called general obligation bonds when are issued to fund the working operations and they are called revenue bonds when issued to fund specific projects. One of the biggest reasons to get involved with them is that you have a wide variety of issuers with different credit ratings and you can choose what level of risk you are comfortable with. That actually is the second biggest reason. The biggest one is that the income (not capital gains where applicabl Show less Read more
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