Saba Capital Nominates Director Candidate for BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)

Saba Capital Management, L.P., along with Saba Capital Management GP, LLC and Boaz R. Weinstein, filed an amendment (No. 5) to their Schedule 13D regarding BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB). As of April 10, 2026, the reporting persons beneficially own 1,565,216 common shares, representing approximately 8.5% of the class. The total purchase price for these shares was approximately $16,214,218. This filing is particularly significant as it signals an escalation in activist activity. On April 10, 2026, Saba Capital Master Fund, Ltd. submitted a formal notice of intent to nominate Paul Kazarian as an independent director candidate for election to the Board at the Issuer's 2026 annual meeting of shareholders. The reporting persons share voting and dispositive power over the reported shares. The filing indicates no transactions in the common shares occurred within the sixty days preceding the event date.