Portfolio Managers of Dreyfus Municipal Bond Infrastructure Fund to Host Conference Call on Markets and 2015 Outlook
NEW YORK, Jan. 16, 2015 /PRNewswire/ -- Portfolio managers of the Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB), will host a conference call to discuss the current municipal bond market, recent fund performance and their outlook for 2015 at 1 p.m. ET on Thursday, January 29, 2015.
The fund is sub-advised by Standish Mellon Asset Management Company LLC, a BNY Mellon investment boutique specializing in fixed income. Christine Todd, Daniel Rabasco, Jeffrey Burger, and Thomas Casey, of Standish manage the Dreyfus Municipal Bond Infrastructure Fund and will participate in the call. Dreyfus is the investment adviser.
To dial in to this event, callers in the U.S. and Canada can dial toll free at 1-888-791-4322. Others can dial in at 1-913-312-0672. The passcode is 7720533.
To submit a question or for more information about this event, call the Dreyfus National Sales Desk at 1-800-334-6899, or e-mail [email protected].
A replay of the interview and a transcript will be made available shortly after the conference call at Dreyfus.com/DMB, or https://public.dreyfus.com/insights-ideas/research-articles/splash/DMB.html.
Notes to Editors:
Bond funds, including closed-end funds, are subject generally to interest rate, credit, liquidity and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes, and rate increases can produce price declines.
High-yield bonds involve increased credit and liquidity risk compared with higher-quality bond funds. Below-investment grade bonds are considered speculative as to the continuing ability of an issuer to make interest payments and repay principal.
The Fund's use of portfolio and/or structural leverage involves special risk considerations, including (but not limited to) the potential for greater volatility in the net asset value of the Fund's common shares. While leverage can enhance return potential, it can also magnify principal losses.
In addition, this Fund is subject to municipal bond risk and the risk of concentration in infrastructure sectors and projects.
It is expected that the Fund's distributions will generally be treated as tax-exempt income for purposes of regular U.S. Federal income tax. A portion of the Fund's distributions may be (i) subject to U.S. Federal income tax and such distributions will generally be subject to state and local taxes, and (ii) includable in taxable income for purposes of the Federal alternative minimum tax.
Past performance is no guarantee of future results.
Shares of closed-end investment companies, such as the Fund, typically trade on a national stock exchange, and these shares frequently trade at a discount to their net asset value, which may increase investors' risk of loss. The material is not an offer to sell these securities and is not soliciting an offer to buy or sell these securities, in any jurisdiction, by Dreyfus or its divisions, including MBSC Securities Corporation ("MBSC").
The Dreyfus Corporation (Dreyfus), established in 1951 and headquartered in New York City, is one of the nation's leading asset management and distribution companies currently managing approximately $285 billion in mutual funds and other cash management vehicles.
Dreyfus is the fund's investment adviser. Standish Mellon Asset Management Company LLC (Standish) is the fund's sub-investment adviser.
Standish, with approximately $163.8 billion of assets under management, provides investment management services across a broad spectrum of fixed income asset classes. These include corporate credit, emerging markets debt (dollar-denominated and local currency), core / core plus, tax–sensitive, short duration, stable value and opportunistic (U.S. and global) strategies. Standish also offers full service capabilities in insurance client strategies and liability driven investing. The firm includes assets managed by Standish personnel acting as dual officers of Dreyfus and The Bank of New York Mellon and Alcentra NY, LLC personnel acting as dual officers of Standish. Standish, Dreyfus and The Bank of New York Mellon are affiliated subsidiaries of BNY Mellon.
BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.6 trillion in assets under management. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of Sept. 30, 2014, BNY Mellon had $28.3 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.
All information source BNY Mellon as of September 30, 2014. This press release is qualified for issuance in the US only and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. This press release is issued by BNY Mellon Investment Management to members of the financial press and media and the information contained herein should not be construed as investment advice. Past performance is not a guide to future performance. A BNY Mellon Company.
© 2015 MBSC Securities Corporation
Contact:
Mike Dunn
+1 212 922 7859
[email protected]
SOURCE BNY Mellon
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