BNY Mellon Investment Management Announces Completion of Realignment of Several of Its Investment Firms and Changes to the Sub-Advisory Arrangement for BNY Mellon Municipal Bond Infrastructure Fund, Inc.

Sep 01, 2021

BNY Mellon Investment Management announced today that, in partnership and agreement with several of its investment firms, it has realigned those firms to enhance their specialist capabilities. The realignment changed the sub-advisory arrangement for BNY Mellon Municipal Bond Infrastructure Fund, Inc. (the "Fund"). As a result of the realignment, effective September 1, 2021 (the "Effective Date"), BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), the Fund's investment adviser, engaged Insight North America LLC ("INA"), an affiliate of BNYM Investment Adviser, to serve as the Fund's sub-adviser, pursuant to a sub-investment advisory agreement between BNYM Investment Adviser and INA. As the Fund's sub-adviser, INA provides the day-to-day management of the Fund's investments, subject to BNYM Investment Adviser's supervision and approval.

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