STATEMENT OF INVESTMENTS
BNY Mellon Intermediate Municipal Bond Fund, Inc.
August 31, 2021 (Unaudited)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Bonds and Notes - .3% | | | | | |
Collateralized Municipal-Backed Securities - .3% | | | | | |
Arizona Industrial Development Authority, Revenue Bonds, Ser. 2019-2
(cost $1,861,182) | | 3.63 | | 5/20/2033 | | 1,695,699 | | 1,932,751 | |
| | | | | | | | | |
Long-Term Municipal Investments - 98.9% | | | | | |
Alabama - 3.9% | | | | | |
Alabama Public School & College Authority, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 1/1/2026 | | 1,000,000 | | 1,134,725 | |
Birmingham-Jefferson Civic Center Authority, Special Tax Bonds, Ser. B | | 5.00 | | 7/1/2038 | | 2,975,000 | | 3,552,332 | |
Black Belt Energy Gas District, Revenue Bonds (Project No. 5) Ser. A1 | | 4.00 | | 10/1/2026 | | 1,000,000 | a | 1,161,646 | |
Black Belt Energy Gas District, Revenue Bonds, Refunding | | 4.00 | | 12/1/2031 | | 1,300,000 | a | 1,623,011 | |
The Birmingham Water Works Board, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 1/1/2027 | | 3,260,000 | b | 4,024,886 | |
The Lower Alabama Gas District, Revenue Bonds (Gas Project) | | 4.00 | | 12/1/2025 | | 3,500,000 | a | 3,988,680 | |
The Lower Alabama Gas District, Revenue Bonds, Ser. A | | 5.00 | | 9/1/2031 | | 2,000,000 | | 2,608,652 | |
The Southeast Alabama Gas Supply District, Revenue Bonds (Project No. 2) Ser. A | | 4.00 | | 6/1/2024 | | 3,745,000 | a | 4,094,018 | |
| | 22,187,950 | |
Arizona - 1.3% | | | | | |
Phoenix Civic Improvement Corp., Revenue Bonds, Refunding | | 5.00 | | 7/1/2028 | | 5,000,000 | | 5,649,324 | |
Phoenix Civic Improvement Corp., Revenue Bonds, Ser. B | | 5.00 | | 7/1/2030 | | 1,500,000 | | 1,929,912 | |
| | 7,579,236 | |
Arkansas - .6% | | | | | |
Fort Smith Water & Sewer, Revenue Bonds, Refunding | | 5.00 | | 10/1/2035 | | 1,500,000 | | 1,883,167 | |
University of Arkansas, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 11/1/2036 | | 1,585,000 | | 1,792,135 | |
| | 3,675,302 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
California - 4.2% | | | | | |
California, GO | | 5.00 | | 10/1/2030 | | 2,500,000 | | 3,218,742 | |
California, GO | | 5.00 | | 11/1/2031 | | 1,500,000 | | 2,024,503 | |
California, GO, Refunding | | 5.00 | | 4/1/2033 | | 4,645,000 | | 6,021,416 | |
California, GO, Refunding | | 5.00 | | 8/1/2030 | | 2,500,000 | | 3,035,848 | |
California Housing Finance, Revenue Bonds, Ser. 2021-1 | | 3.50 | | 11/20/2035 | | 1,491,121 | | 1,766,888 | |
California Public Works Board, Revenue Bonds, Refunding, Ser. H | | 5.00 | | 12/1/2026 | | 1,355,000 | | 1,555,871 | |
California Statewide Communities Development Authority, Revenue Bonds (Loma Linda University Medical Center Obligated Group) Ser. A | | 5.00 | | 12/1/2031 | | 1,000,000 | c | 1,147,839 | |
Sacramento Unified School District, GO (Insured; Assured Guaranty Municipal Corp.) | | 0.00 | | 7/1/2023 | | 5,065,000 | d | 5,021,927 | |
| | 23,793,034 | |
Colorado - 4.2% | | | | | |
Colorado Health Facilities Authority, Revenue Bonds, Refunding (AdventHealth Obligated Group) | | 5.00 | | 11/19/2026 | | 2,500,000 | a | 3,078,480 | |
Colorado Health Facilities Authority, Revenue Bonds, Refunding (CommonSpirit Health Obligated Group) Ser. A | | 5.00 | | 8/1/2034 | | 1,000,000 | | 1,269,473 | |
Colorado Health Facilities Authority, Revenue Bonds, Refunding (Sisters of Charity of Leavenworth Health System Obligated Group) Ser. A | | 5.00 | | 1/1/2030 | | 1,750,000 | | 2,311,997 | |
Denver City & County Airport System, Revenue Bonds, Ser. A | | 5.50 | | 11/15/2026 | | 15,640,000 | | 17,374,531 | |
| | 24,034,481 | |
Connecticut - 1.8% | | | | | |
Connecticut, Revenue Bonds, Ser. A | | 5.00 | | 8/1/2026 | | 2,500,000 | | 2,945,733 | |
Connecticut, Revenue Bonds, Ser. A | | 5.00 | | 9/1/2032 | | 5,500,000 | | 6,243,719 | |
Connecticut Health & Educational Facilities Authority, Revenue Bonds (Covenant Home) Ser. B | | 5.00 | | 12/1/2032 | | 1,000,000 | | 1,202,612 | |
| | 10,392,064 | |
District of Columbia - 1.3% | | | | | |
Metropolitan Washington Airports Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 10/1/2025 | | 3,000,000 | | 3,291,041 | |
Metropolitan Washington Airports Authority Aviation Revenue, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 10/1/2027 | | 3,500,000 | | 4,370,991 | |
| | 7,662,032 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Florida - 6.5% | | | | | |
Broward County Airport System, Revenue Bonds | | 5.00 | | 10/1/2036 | | 2,000,000 | | 2,440,713 | |
Broward County School District, COP, Refunding, Ser. A | | 5.00 | | 7/1/2027 | | 5,000,000 | | 6,201,159 | |
Central Florida Expressway Authority, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. D | | 5.00 | | 7/1/2035 | | 1,500,000 | | 2,011,324 | |
Citizens Property Insurance, Revenue Bonds, Ser. A1 | | 5.00 | | 6/1/2025 | | 5,500,000 | | 6,328,841 | |
Florida Municipal Power Agency, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 10/1/2024 | | 1,480,000 | | 1,693,043 | |
Florida Municipal Power Agency, Revenue Bonds, Ser. A | | 5.00 | | 10/1/2030 | | 1,250,000 | | 1,470,085 | |
Hillsborough County Solid Waste & Resource Recovery, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 9/1/2026 | | 1,260,000 | | 1,515,291 | |
JEA Electric System, Revenue Bonds, Refunding, Ser. 3A | | 4.00 | | 10/1/2036 | | 1,700,000 | | 2,044,332 | |
Lee County Transportation Facilities, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | | 5.00 | | 10/1/2024 | | 2,500,000 | | 2,849,098 | |
Miami-Dade County Seaport Department, Revenue Bonds, Ser. A | | 5.75 | | 10/1/2023 | | 1,500,000 | b | 1,672,757 | |
Orange County Convention Center, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 10/1/2032 | | 3,275,000 | | 3,940,771 | |
South Miami Health Facilities Authority, Revenue Bonds, Refunding (Baptist Health South Florida Obligated Group) | | 5.00 | | 8/15/2031 | | 1,750,000 | | 2,173,253 | |
Sunshine Skyway Bridge, Revenue Bonds, Ser. A | | 4.00 | | 7/1/2033 | | 2,500,000 | | 2,973,870 | |
| | 37,314,537 | |
Georgia - 2.4% | | | | | |
Atlanta Water & Wastewater, Revenue Bonds, Refunding | | 5.00 | | 11/1/2031 | | 2,000,000 | | 2,324,146 | |
Fulton County Development Authority, Revenue Bonds, Ser. A | | 5.00 | | 4/1/2036 | | 1,350,000 | | 1,631,136 | |
Georgia Municipal Electric Authority, Revenue Bonds, Refunding (Project No. 1) Ser. A | | 5.00 | | 1/1/2028 | | 2,500,000 | | 3,000,642 | |
Main Street Natural Gas, Revenue Bonds, Ser. A | | 5.50 | | 9/15/2028 | | 2,530,000 | | 3,243,629 | |
Main Street Natural Gas, Revenue Bonds, Ser. B, 1 Month LIBOR x.67 +.75% | | 0.81 | | 9/1/2023 | | 2,500,000 | a,e | 2,512,708 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Georgia - 2.4% (continued) | | | | | |
The Atlanta Development Authority, Revenue Bonds, Ser. A1 | | 5.00 | | 7/1/2027 | | 1,000,000 | | 1,161,927 | |
| | 13,874,188 | |
Hawaii - .7% | | | | | |
Hawaii Airports System, Revenue Bonds, Ser. A | | 5.00 | | 7/1/2031 | | 1,615,000 | | 2,025,925 | |
Hawaii Airports System, Revenue Bonds, Ser. A | | 5.00 | | 7/1/2030 | | 1,500,000 | | 1,886,123 | |
| | 3,912,048 | |
Illinois - 10.6% | | | | | |
Chicago Board of Education, GO, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. C | | 5.00 | | 12/1/2030 | | 2,500,000 | | 3,111,587 | |
Chicago II Waterworks, Revenue Bonds, Refunding | | 5.00 | | 11/1/2025 | | 1,200,000 | | 1,417,204 | |
Chicago II Waterworks, Revenue Bonds, Refunding | | 5.00 | | 11/1/2027 | | 2,000,000 | | 2,448,053 | |
Chicago O'Hare International Airport, Revenue Bonds (Customer Facility Charge) | | 5.50 | | 1/1/2026 | | 3,300,000 | | 3,512,122 | |
Chicago O'Hare International Airport, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2023 | | 3,530,000 | | 3,751,604 | |
Chicago O'Hare International Airport, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2029 | | 4,000,000 | | 4,578,118 | |
Chicago O'Hare International Airport, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 1/1/2035 | | 3,000,000 | | 3,536,114 | |
Chicago Park District, GO, Refunding, Ser. C | | 5.00 | | 1/1/2028 | | 1,000,000 | | 1,095,097 | |
Chicago Park District, GO, Refunding, Ser. C | | 5.00 | | 1/1/2030 | | 2,060,000 | | 2,244,499 | |
Greater Chicago Metropolitan Water Reclamation District, GO, Refunding, Ser. A | | 5.00 | | 12/1/2031 | | 3,275,000 | | 4,019,672 | |
Illinois, Revenue Bonds (Insured; Build America Mutual) Ser. A | | 5.00 | | 6/15/2030 | | 2,600,000 | | 3,262,076 | |
Illinois Finance Authority, Revenue Bonds, Refunding (OSF Healthcare System Obligated Group) Ser. A | | 5.00 | | 11/15/2028 | | 1,205,000 | | 1,416,615 | |
Illinois Finance Authority, Revenue Bonds, Refunding (Rush University Medical Center Obligated Group) Ser. B | | 5.00 | | 11/15/2033 | | 2,140,000 | | 2,471,440 | |
Illinois Toll Highway Authority, Revenue Bonds, Ser. A | | 5.00 | | 1/1/2042 | | 1,110,000 | | 1,346,173 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Illinois - 10.6% (continued) | | | | | |
Railsplitter Tobacco Settlement Authority, Revenue Bonds | | 5.00 | | 6/1/2028 | | 2,270,000 | | 2,712,222 | |
Regional Transportation Authority, Revenue Bonds (Insured; National Public Finance Guarantee Corp.) | | 6.50 | | 7/1/2030 | | 2,500,000 | | 3,375,332 | |
Regional Transportation Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | | 6.00 | | 6/1/2025 | | 2,000,000 | | 2,298,605 | |
Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2036 | | 2,750,000 | | 3,513,959 | |
The Illinois Sports Facilities Authority, Revenue Bonds, Refunding (Insured; Build America Mutual) | | 5.00 | | 6/15/2029 | | 1,000,000 | | 1,269,116 | |
University of Illinois, Revenue Bonds (Auxiliary Facilities System) Ser. A | | 5.00 | | 4/1/2032 | | 3,655,000 | | 4,055,452 | |
University of Illinois, Revenue Bonds, Refunding (Auxiliary Facilities System) Ser. A | | 5.00 | | 4/1/2026 | | 4,595,000 | | 4,930,070 | |
| | 60,365,130 | |
Indiana - 3.1% | | | | | |
Indiana Finance Authority, Revenue Bonds, Refunding (Butler University Project) Ser. B | | 5.00 | | 2/1/2030 | | 1,400,000 | | 1,425,326 | |
Indiana Finance Authority, Revenue Bonds, Refunding (CWA Authority Project) | | 4.00 | | 10/1/2036 | | 1,250,000 | | 1,552,185 | |
Indiana Finance Authority, Revenue Bonds, Refunding (CWA Authority Project) | | 4.00 | | 10/1/2035 | | 1,500,000 | | 1,869,809 | |
Indiana Finance Authority, Revenue Bonds, Refunding (Indianapolis Power & Light Co.) Ser. A | | 3.13 | | 12/1/2024 | | 1,500,000 | | 1,616,561 | |
Indiana Municipal Power Agency, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2036 | | 3,000,000 | | 3,600,917 | |
Richmond Hospital Authority, Revenue Bonds, Refunding (Reid Hospital Project) Ser. A | | 5.00 | | 1/1/2028 | | 2,440,000 | | 2,752,084 | |
Whiting, Revenue Bonds (BP Products North America Project) | | 5.00 | | 11/1/2024 | | 4,000,000 | a | 4,602,493 | |
| | 17,419,375 | |
Iowa - .9% | | | | | |
Iowa Finance Authority, Revenue Bonds, Refunding (Iowa Fertilizer Co.) | | 3.13 | | 12/1/2022 | | 840,000 | | 856,477 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Iowa - .9% (continued) | | | | | |
Iowa Finance Authority, Revenue Bonds, Refunding (Unitypoint Health) Ser. E | | 5.00 | | 8/15/2032 | | 2,280,000 | | 2,718,241 | |
Iowa Tobacco Settlement Authority, Revenue Bonds, Refunding, Ser. A2 | | 4.00 | | 6/1/2034 | | 500,000 | | 613,967 | |
PEFA, Revenue Bonds (PEFA Gas Project) | | 5.00 | | 9/1/2026 | | 1,000,000 | a | 1,202,669 | |
| | 5,391,354 | |
Kentucky - 1.8% | | | | | |
Kentucky Public Energy Authority, Revenue Bonds, Ser. A | | 4.00 | | 4/1/2024 | | 1,255,000 | a | 1,366,068 | |
Kentucky Public Energy Authority, Revenue Bonds, Ser. A | | 4.00 | | 6/1/2026 | | 1,500,000 | a | 1,723,493 | |
Kentucky Public Energy Authority, Revenue Bonds, Ser. B | | 4.00 | | 1/1/2025 | | 5,500,000 | a | 6,088,106 | |
Louisville County Metropolitan Government, Revenue Bonds (Norton Healthcare Obligated Group) Ser. C | | 5.00 | | 10/1/2026 | | 1,000,000 | a | 1,219,503 | |
| | 10,397,170 | |
Louisiana - .7% | | | | | |
Jefferson Sales Tax District, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. B | | 4.00 | | 12/1/2032 | | 2,250,000 | | 2,730,398 | |
St. John the Baptist Parish, Revenue Bonds, Refunding (Marathon Oil Corp.) | | 2.20 | | 7/1/2026 | | 1,000,000 | a | 1,057,416 | |
| | 3,787,814 | |
Maryland - 2.6% | | | | | |
Maryland Health & Higher Educational Facilities Authority, Revenue Bonds, Refunding (University of Maryland Medical System Obligated Group) Ser. B2 | | 5.00 | | 7/1/2027 | | 2,350,000 | a | 2,859,496 | |
Maryland Stadium Authority, Revenue Bonds | | 5.00 | | 5/1/2037 | | 3,090,000 | | 3,840,211 | |
Maryland Transportation Authority, Revenue Bonds | | 5.00 | | 6/1/2024 | | 2,490,000 | | 2,805,717 | |
Prince George's County, GO, Ser. A | | 5.00 | | 7/15/2031 | | 4,355,000 | | 5,557,622 | |
| | 15,063,046 | |
Massachusetts - 3.7% | | | | | |
Massachusetts, GO, Ser. D | | 4.00 | | 5/1/2034 | | 3,500,000 | | 4,226,710 | |
Massachusetts Development Finance Agency, Revenue Bonds, Refunding (Partners Healthcare System) | | 5.00 | | 7/1/2034 | | 2,630,000 | | 3,166,123 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Massachusetts - 3.7% (continued) | | | | | |
Massachusetts Educational Financing Authority, Revenue Bonds, Refunding, Ser. K | | 5.00 | | 7/1/2022 | | 5,445,000 | | 5,660,980 | |
Massachusetts Federal Highway, GAN, Ser. A | | 5.00 | | 6/15/2026 | | 1,500,000 | | 1,757,417 | |
Massachusetts Port Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 7/1/2023 | | 2,000,000 | | 2,173,503 | |
Massachusetts Transportation Trust Fund Metropolitan Highway System, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2034 | | 3,500,000 | | 4,409,533 | |
| | 21,394,266 | |
Michigan - 5.4% | | | | | |
Great Lakes Water Authority Water Supply System, Revenue Bonds, Refunding, Ser. D | | 5.00 | | 7/1/2036 | | 5,000,000 | | 6,000,792 | |
Michigan Finance Authority, Revenue Bonds, Refunding (Beaumont Health Credit Obligated Group) | | 5.00 | | 8/15/2030 | | 3,870,000 | | 4,228,555 | |
Michigan Finance Authority, Revenue Bonds, Refunding (Beaumont Health Credit Obligated Group) | | 5.00 | | 8/1/2025 | | 3,180,000 | | 3,614,521 | |
Michigan Finance Authority, Revenue Bonds, Refunding (Great Lakes Water Authority) (Insured; Assured Guaranty Municipal Corp.) Ser. C3 | | 5.00 | | 7/1/2030 | | 1,000,000 | | 1,132,899 | |
Michigan Finance Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. D1 | | 5.00 | | 7/1/2023 | | 5,000,000 | | 5,431,829 | |
Michigan Finance Authority, Revenue Bonds, Refunding (Trinity Health Credit Obligated Group) Ser. A | | 5.00 | | 12/1/2034 | | 2,000,000 | | 2,495,416 | |
Michigan Strategic Fund, Revenue Bonds (AMT-I-75 Improvement Project) | | 5.00 | | 6/30/2031 | | 4,395,000 | | 5,510,980 | |
Utica Community Schools, GO, Refunding (School Building & Site Project) (Insured; Qualified School Bond Loan Fund) | | 5.00 | | 5/1/2032 | | 940,000 | | 1,210,371 | |
Utica Community Schools, GO, Refunding (School Building & Site Project) (Insured; Qualified School Bond Loan Fund) | | 5.00 | | 5/1/2031 | | 1,000,000 | | 1,291,004 | |
| | 30,916,367 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Missouri - 2.9% | | | | | |
Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding (CoxHealth Obligated Group) Ser. A | | 5.00 | | 11/15/2035 | | 3,705,000 | | 4,302,204 | |
Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding (Mercy Health) Ser. A | | 5.00 | | 6/1/2025 | | 3,500,000 | | 4,093,136 | |
Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding (St. Luke's Health System Obligated Group) | | 5.00 | | 11/15/2028 | | 1,300,000 | | 1,556,427 | |
Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding (St. Luke's Health System Obligated Group) | | 5.00 | | 11/15/2026 | | 1,000,000 | | 1,204,452 | |
Missouri Joint Municipal Electric Utility Commission, Revenue Bonds, Refunding (Iatan 2 Project) Ser. A | | 5.00 | | 1/1/2032 | | 1,550,000 | | 1,715,805 | |
Missouri Joint Municipal Electric Utility Commission, Revenue Bonds, Refunding (Prairie State Project) Ser. A | | 5.00 | | 12/1/2030 | | 3,270,000 | | 3,817,743 | |
| | 16,689,767 | |
Nebraska - 1.6% | | | | | |
Public Power Generation Agency, Revenue Bonds, Refunding | | 5.00 | | 1/1/2038 | | 1,000,000 | | 1,188,097 | |
Public Power Generation Agency, Revenue Bonds, Refunding (Whelan Energy Center Unit) | | 5.00 | | 1/1/2029 | | 4,750,000 | | 5,435,440 | |
Public Power Generation Agency, Revenue Bonds, Refunding (Whelan Energy Center Unit) | | 5.00 | | 1/1/2030 | | 2,250,000 | | 2,574,623 | |
| | 9,198,160 | |
Nevada - .2% | | | | | |
Las Vegas Valley Water District, GO, Refunding, Ser. D | | 5.00 | | 6/1/2028 | | 500,000 | | 640,744 | |
Reno, Revenue Bonds, Refunding | | 5.00 | | 6/1/2035 | | 500,000 | | 597,603 | |
| | 1,238,347 | |
New Jersey - 5.4% | | | | | |
New Jersey, GO (COVID-19 Emergency Bonds) Ser. A | | 4.00 | | 6/1/2030 | | 1,000,000 | | 1,238,259 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. NN | | 5.00 | | 3/1/2028 | | 2,250,000 | | 2,407,102 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
New Jersey - 5.4% (continued) | | | | | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. WW | | 5.25 | | 6/15/2029 | | 1,400,000 | | 1,643,904 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. WW | | 5.25 | | 6/15/2031 | | 4,000,000 | | 4,691,939 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. XX | | 5.25 | | 6/15/2027 | | 2,500,000 | | 2,938,629 | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 12/1/2024 | | 2,400,000 | | 2,751,589 | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Ser. B | | 5.00 | | 12/1/2026 | | 1,425,000 | | 1,721,948 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. D | | 5.00 | | 1/1/2028 | | 1,000,000 | | 1,203,904 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. E | | 5.00 | | 1/1/2031 | | 1,250,000 | | 1,574,417 | |
The Camden County Improvement Authority, Revenue Bonds, Refunding (Rowan University Foundation Project) (Insured; Build America Mutual) Ser. A | | 5.00 | | 7/1/2033 | | 3,070,000 | | 4,002,100 | |
Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | | 5.00 | | 6/1/2037 | | 3,150,000 | | 3,885,279 | |
Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | | 5.00 | | 6/1/2036 | | 2,175,000 | | 2,689,692 | |
| | 30,748,762 | |
New York - 5.4% | | | | | |
Metropolitan Transportation Authority, BAN, Ser. A1 | | 5.00 | | 2/1/2023 | | 945,000 | | 1,008,085 | |
Metropolitan Transportation Authority, Revenue Bonds, Refunding (Green Bond) Ser. B | | 5.00 | | 11/15/2022 | | 1,555,000 | | 1,644,443 | |
Metropolitan Transportation Authority, Revenue Bonds, Refunding (Green Bond) Ser. C1 | | 5.00 | | 11/15/2031 | | 2,135,000 | | 2,634,058 | |
Metropolitan Transportation Authority, Revenue Bonds, Refunding, Ser. D | | 5.00 | | 11/15/2030 | | 1,365,000 | | 1,637,594 | |
Nassau County Interim Finance Authority, Revenue Bonds, Refunding, Ser. A | | 4.00 | | 11/15/2032 | | 1,500,000 | | 1,908,213 | |
New York City, GO, Refunding, Ser. A1 | | 5.00 | | 8/1/2031 | | 1,000,000 | | 1,321,790 | |
New York City, GO, Ser. A1 | | 4.00 | | 8/1/2037 | | 2,195,000 | | 2,663,119 | |
New York City, GO, Ser. B1 | | 5.00 | | 12/1/2031 | | 3,750,000 | | 4,587,459 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
New York - 5.4% (continued) | | | | | |
New York City, GO, Ser. C | | 4.00 | | 8/1/2036 | | 1,250,000 | | 1,510,071 | |
New York City, GO, Ser. F1 | | 4.00 | | 3/1/2038 | | 1,000,000 | | 1,201,787 | |
New York City Health & Hospitals Corp., Revenue Bonds, Refunding, Ser. A | | 5.00 | | 2/15/2028 | | 1,000,000 | | 1,266,223 | |
New York State Dormitory Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 10/1/2030 | | 1,000,000 | | 1,281,160 | |
New York State Dormitory Authority, Revenue Bonds, Refunding, Ser. C | | 5.00 | | 3/15/2032 | | 3,000,000 | | 3,354,740 | |
New York Transportation Development Corp., Revenue Bonds (LaGuardia Airport Terminal B Redevelopment Project) Ser. A | | 5.00 | | 7/1/2034 | | 1,000,000 | | 1,118,856 | |
TSASC, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 6/1/2032 | | 3,000,000 | | 3,629,362 | |
| | 30,766,960 | |
North Carolina - .6% | | | | | |
North Carolina Turnpike Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | | 5.00 | | 1/1/2028 | | 1,500,000 | | 1,826,466 | |
The Charlotte-Mecklenburg Hospital Authority, Revenue Bonds (Atrium Health Obligated Group) | | 5.00 | | 12/1/2028 | | 1,000,000 | a | 1,297,067 | |
| | 3,123,533 | |
Ohio - 2.2% | | | | | |
Buckeye Tobacco Settlement Financing Authority, Revenue Bonds, Refunding, Ser. A2 | | 5.00 | | 6/1/2034 | | 3,075,000 | | 3,957,029 | |
Ohio, Revenue Bonds, Refunding (Cleveland Clinic Health Systems Obligated Group) Ser. A | | 5.00 | | 1/1/2031 | | 1,250,000 | | 1,570,901 | |
Ohio, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/15/2033 | | 1,650,000 | | 2,121,910 | |
Sycamore Community School District, GO, Refunding | | 4.00 | | 12/1/2030 | | 4,115,000 | | 5,055,870 | |
| | 12,705,710 | |
Oregon - 1.3% | | | | | |
Medford Hospital Facilities Authority, Revenue Bonds, Refunding (Asante Project) Ser. A | | 5.00 | | 8/15/2033 | | 500,000 | | 658,940 | |
Oregon Facilities Authority, Revenue Bonds, Refunding (Legacy Health Project) Ser. A | | 5.00 | | 6/1/2035 | | 2,500,000 | | 2,976,435 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Oregon - 1.3% (continued) | | | | | |
Portland, Revenue Bonds, Ser. A | | 3.00 | | 3/1/2036 | | 3,500,000 | | 3,947,299 | |
| | 7,582,674 | |
Pennsylvania - 8.0% | | | | | |
Commonwealth Financing Authority, Revenue Bonds | | 5.00 | | 6/1/2031 | | 2,500,000 | | 3,107,536 | |
Delaware Valley Regional Finance Authority, Revenue Bonds, Ser. B, 1 Month MUNIPSA +.42% | | 0.44 | | 9/1/2022 | | 4,000,000 | a,e | 3,995,120 | |
Luzerne County Industrial Development Authority, Revenue Bonds, Refunding (Pennsylvania-American Water Co.) | | 2.45 | | 12/3/2029 | | 1,000,000 | a | 1,090,885 | |
Montgomery County Higher Education & Health Authority, Revenue Bonds, Refunding (Thomas Jefferson University Obligated Group) | | 5.00 | | 9/1/2032 | | 1,000,000 | | 1,256,307 | |
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Refunding (The University of Pennsylvania Health System Obligated Group) Ser. C | | 5.00 | | 8/15/2025 | | 1,700,000 | | 2,009,435 | |
Pennsylvania Housing Finance Agency, Revenue Bonds, Refunding, Ser. 114A | | 3.35 | | 10/1/2026 | | 1,750,000 | | 1,754,278 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Refunding | | 5.00 | | 12/1/2029 | | 3,405,000 | | 4,272,933 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Refunding | | 5.00 | | 12/1/2030 | | 1,595,000 | | 1,942,795 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Refunding | | 5.00 | | 12/1/2031 | | 2,400,000 | | 2,991,276 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Refunding | | 5.00 | | 12/1/2032 | | 1,200,000 | | 1,493,647 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 6/1/2028 | | 3,250,000 | | 3,898,252 | |
Pennsylvania Turnpike Commission, Revenue Bonds, Ser. B | | 5.00 | | 12/1/2031 | | 1,650,000 | | 1,955,424 | |
Philadelphia, GO, Ser. A | | 5.00 | | 5/1/2033 | | 3,080,000 | | 4,103,638 | |
Philadelphia Airport, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 7/1/2031 | | 1,000,000 | | 1,221,552 | |
Philadelphia Water & Wastewater, Revenue Bonds, Refunding | | 5.00 | | 10/1/2033 | | 1,500,000 | | 2,009,766 | |
State Public School Building Authority, Revenue Bonds, Refunding (Harrisburg School District Project) (Insured; Assured Guaranty Municipal Corp.) | | 5.00 | | 12/1/2027 | | 1,095,000 | | 1,349,721 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Pennsylvania - 8.0% (continued) | | | | | |
The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | | 4.00 | | 9/1/2035 | | 1,500,000 | | 1,779,188 | |
The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | | 5.00 | | 9/1/2032 | | 2,000,000 | | 2,523,340 | |
The Philadelphia School District, GO, Refunding (Insured; State Aid Withholding) Ser. F | | 5.00 | | 9/1/2030 | | 2,490,000 | | 3,001,278 | |
The Philadelphia School District, GO, Refunding (Insured; State Aid Withholding) Ser. F | | 5.00 | | 9/1/2026 | | 10,000 | b | 12,229 | |
| | 45,768,600 | |
South Carolina - 1.1% | | | | | |
South Carolina Ports Authority, Revenue Bonds | | 5.00 | | 7/1/2031 | | 2,000,000 | | 2,502,913 | |
South Carolina Public Service Authority, Revenue Bonds, Refunding, Ser. A | | 4.00 | | 12/1/2036 | | 1,000,000 | | 1,216,721 | |
South Carolina Public Service Authority, Revenue Bonds, Refunding, Ser. C | | 5.00 | | 12/1/2025 | | 2,320,000 | | 2,664,572 | |
| | 6,384,206 | |
Tennessee - 1.5% | | | | | |
Greeneville Health & Educational Facilities Board, Revenue Bonds, Refunding (Ballard Health Obligated Group) | | 5.00 | | 7/1/2032 | | 2,500,000 | | 2,710,623 | |
Tennessee Energy Acquisition Corp., Revenue Bonds | | 4.00 | | 11/1/2025 | | 2,000,000 | a | 2,267,710 | |
Tennessee Energy Acquisition Corp., Revenue Bonds, Ser. A | | 5.25 | | 9/1/2026 | | 1,505,000 | | 1,805,434 | |
The Metropolitan Nashville Airport Authority, Revenue Bonds, Ser. B | | 5.00 | | 7/1/2030 | | 1,350,000 | | 1,783,859 | |
| | 8,567,626 | |
Texas - 4.4% | | | | | |
Arlington, Special Tax Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | | 5.00 | | 2/15/2034 | | 1,500,000 | | 1,722,224 | |
Central Texas Regional Mobility Authority, Revenue Bonds, Ser. A | | 5.00 | | 1/1/2032 | | 1,350,000 | | 1,564,861 | |
Central Texas Turnpike System, Revenue Bonds, Refunding, Ser. C | | 5.00 | | 8/15/2031 | | 2,500,000 | | 2,817,717 | |
Harris County-Houston Sports Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 11/15/2028 | | 2,770,000 | | 3,098,619 | |
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Texas - 4.4% (continued) | | | | | |
Harris County-Houston Sports Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 11/15/2029 | | 2,325,000 | | 2,600,722 | |
Love Field Airport Modernization Corp., Revenue Bonds | | 5.00 | | 11/1/2024 | | 1,000,000 | | 1,143,756 | |
Lower Colorado River Authority, Revenue Bonds, Refunding (LCRA Transmission Services Corporation Project) | | 5.00 | | 5/15/2032 | | 2,000,000 | | 2,569,235 | |
New Hope Cultural Educational Facilities Finance Corp., Revenue Bonds, Refunding (Children's Health System Project) Ser. A | | 5.00 | | 8/15/2029 | | 1,750,000 | | 2,173,459 | |
North Texas Tollway Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 1/1/2031 | | 5,000,000 | | 5,733,366 | |
Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds, Refunding (Baylor Scott & White Health Project) Ser. A | | 5.00 | | 11/15/2031 | | 1,400,000 | | 1,677,332 | |
| | 25,101,291 | |
U.S. Related - .9% | | | | | |
Puerto Rico Highway & Transportation Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. CC | | 5.25 | | 7/1/2036 | | 4,400,000 | | 4,964,837 | |
Utah - 1.1% | | | | | |
Salt Lake City, Revenue Bonds, Ser. A | | 5.00 | | 7/1/2036 | | 5,000,000 | | 6,058,044 | |
Virginia - 1.4% | | | | | |
Richmond Public Utility, Revenue Bonds, Refunding | | 5.00 | | 1/15/2031 | | 4,095,000 | | 4,898,923 | |
Virginia Small Business Financing Authority, Revenue Bonds (95 Express Lanes) | | 5.00 | | 7/1/2034 | | 2,900,000 | | 2,945,740 | |
| | 7,844,663 | |
Washington - 2.8% | | | | | |
Central Puget Sound Regional Transit Authority, Revenue Bonds (Green Bond) Ser. S1 | | 5.00 | | 11/1/2031 | | 1,250,000 | | 1,524,138 | |
King County Public Hospital District No. 1, GO, Refunding (Valley Medical Center) | | 5.00 | | 12/1/2030 | | 6,930,000 | | 8,369,649 | |
Port of Seattle, Revenue Bonds | | 5.00 | | 4/1/2028 | | 2,500,000 | | 3,133,760 | |
Washington Convention Center Public Facilities District, Revenue Bonds | | 5.00 | | 7/1/2033 | | 1,330,000 | | 1,634,779 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 98.9% (continued) | | | | | |
Washington - 2.8% (continued) | | | | | |
Washington Housing Finance Commission, Revenue Bonds, Ser. A1 | | 3.50 | | 12/20/2035 | | 996,537 | | 1,171,060 | |
| | 15,833,386 | |
Wisconsin - 2.4% | | | | | |
Public Finance Authority, Revenue Bonds (Appalachian State University Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 4.00 | | 7/1/2059 | | 1,400,000 | | 1,570,264 | |
Public Finance Authority, Revenue Bonds (KU Campus Development Project) | | 5.00 | | 3/1/2036 | | 4,500,000 | | 5,292,283 | |
Wisconsin Health & Educational Facilities Authority, Revenue Bonds, Refunding (Children's Hospital of Wisconsin Obligated Group) | | 5.00 | | 8/15/2034 | | 1,835,000 | | 2,263,668 | |
Wisconsin Health & Educational Facilities Authority, Revenue Bonds, Refunding (ProHealth Care Obligated Group) | | 5.00 | | 8/15/2033 | | 2,250,000 | | 2,543,561 | |
Wisconsin Health & Educational Facilities Authority, Revenue Bonds, Refunding (Unitypoint Health) Ser. A | | 5.00 | | 12/1/2028 | | 1,890,000 | | 2,164,918 | |
| | 13,834,694 | |
Total Long-Term Municipal Investments
(cost $524,001,085) | | 565,570,654 | |
Total Investments (cost $525,862,267) | | 99.2% | 567,503,405 | |
Cash and Receivables (Net) | | 0.8% | 4,597,419 | |
Net Assets | | 100.0% | 572,100,824 | |
GO—General Obligation
LIBOR—London Interbank Offered Rate
MUNIPSA—Securities Industry and Financial Markets Association Municipal Swap Index Yield
a These securities have a put feature; the date shown represents the put date and the bond holder can take a specific action to retain the bond after the put date.
b These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.
c Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2021, these securities were valued at $1,147,839 or .2% of net assets.
d Security issued with a zero coupon. Income is recognized through the accretion of discount.
e Variable rate security—interest rate resets periodically and rate shown is the interest rate in effect at period end. Security description also includes the reference rate and spread if published and available.
STATEMENT OF INVESTMENTS
BNY Mellon Intermediate Municipal Bond Fund, Inc.
August 31, 2021 (Unaudited)
The following is a summary of the inputs used as of August 31, 2021 in valuing the fund’s investments:
| | | | | |
| | Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total |
Assets ($) | | | | |
Investments in Securities: † | | | | |
Collateralized Municipal-Backed Securities | - | 1,932,751 | - | 1,932,751 |
Municipal Securities | - | 565,570,654 | - | 565,570,654 |
† See Statement of Investments for additional detailed categorizations, if any.
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.
The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).
Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.
Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:
Level 1—unadjusted quoted prices in active markets for identical investments.
Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).
Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:
Investments in securities are valued each business day by an independent pricing service (the “Service”) approved by the fund's Board Members (the “Board”). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as
calculated by the Service based upon its evaluation of the market for such securities). Debt investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.
The Service is engaged under the general oversight of the Board.
When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.
For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.
At August 31, 2021, accumulated net unrealized appreciation on investments was $41,641,138, consisting of $41,758,648 gross unrealized appreciation and $117,510 gross unrealized depreciation.
At August 31, 2021, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).
Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.
