BNY Mellon Municipal Bond Infrastructure Fund
DMB
56 hedge funds and large institutions have $87.8M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 6 closing their positions.
24% more capital inflows, than outflows
Capital inflows: $11.1M | Capital outflows: $8.97M
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 55 → 56 (+1)
1.09% more ownership
Funds ownership: 42.3% → 43.39% (+1.1%)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$3.39M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.71M |
| 3 |
Riverbridge Partners
Minneapolis,
Minnesota
|
+$1.21M |
| 4 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$770K |
| 5 |
Bulldog Investors
Saddle Brook,
New Jersey
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Matisse Capital
Portland,
Oregon
|
-$2.98M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.48M |
| 3 |
Logan Stone Capital
Chicago,
Illinois
|
-$1.28M |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$538K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$537K |
DMB Hedge Fund Activity: Q4 2025 in Review
56 of the 8,294 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2025, worth a combined $87.8M — up 5.4% from $83.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DMB positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 21 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.39M. The largest seller was Matisse Capital, exiting entirely with an estimated $2.98M sold.
- 56 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2025, up from 55 in Q3 2025.
- Funds reported $87.8M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2025, up 5.4% quarter-over-quarter.
- 7 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2025 and 6 closed out, a net change of +1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2025 was Saba Capital Management, an estimated $3.39M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2025 was Matisse Capital, an estimated $2.98M sold.
Based on aggregated 13F filings for Q4 2025.