First Trust Portfolios L.P. Reports 10.06% Stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
On April 7, 2026, First Trust Portfolios L.P., along with First Trust Advisors L.P. and The Charger Corporation, filed a Schedule 13G/A reporting a 10.06% stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB). The reporting entities collectively hold 1,851,290 shares of common stock. This filing represents an increase from a previously reported 0% ownership level as of the event date of March 31, 2026. The shares are primarily held by unit investment trusts (UITs) sponsored by First Trust Portfolios L.P. While First Trust Portfolios L.P. acts as the sponsor and First Trust Advisors L.P. as the portfolio supervisor, they disclaim beneficial ownership of these shares. Voting power is typically exercised by the UIT trustee to reflect the voting patterns of other shareholders. The Charger Corporation acts as the General Partner for both First Trust entities. The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer.