US LNG exports surge but will buyers in China turn up?
In a challenging economic climate, Dreyfus Municipal Bond Infrastructure Fund (DMB) stock has reached a 52-week low, dipping to $9.91, with a current dividend yield of 3.57% and a P/E ratio of 9.46. According to InvestingPro data, the fund has maintained dividend payments for 13 consecutive years. This price level reflects the ongoing volatility in the bond market as investors navigate through a landscape marked by rising interest rates and inflation concerns. With a beta of 0.48, DMB has shown relatively low price volatility compared to the broader market. Over the past year, DMB has experienced a modest decline, with YTD returns at -1.78%. This downturn underscores the cautious approach many investors are taking towards fixed-income assets, as the broader financial markets continue to grapple with macroeconomic uncertainties and policy adjustments. InvestingPro offers additional insights with 6 more key tips for DMB investors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.