DITEX

About DITEX

The BNY Mellon Intermediate Municipal Bond Fund, Inc. is a mutual fund focused on providing investors with current income that is largely exempt from federal income tax, while maintaining capital preservation. The fund primarily invests at least 80% of its assets in municipal bonds rated A or higher at the time of purchase, or those deemed equivalent by the fund’s sub-adviser, Insight North America LLC. It may allocate up to 20% of assets to lower-rated or high yield municipal bonds, allowing for a degree of credit flexibility. The portfolio generally maintains a dollar-weighted average maturity between three and ten years, offering moderate interest rate sensitivity and targeting the intermediate portion of the municipal bond market. The fund’s holdings are diversified across numerous issuers and sectors, including public infrastructure, education, healthcare, and utilities, with a disciplined approach to credit risk and sector evaluation. With a track record dating back to 1983, this fund plays a significant role for investors seeking tax-exempt fixed-income exposure, steady income distributions, and risk mitigation through high-quality municipal bonds within the U.S. financial markets.