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BNY Mellon Strategic Municipal Bond Fund Inc V.DSM


Primary Symbol: DSM

BNY Mellon Strategic Municipal Bond Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The Fund ordinarily invests all of its net assets in municipal obligations that provide income exempt from federal personal income tax, and has adopted a fundamental investment policy to invest, under normal market conditions, at least 80% of its net assets in municipal obligations. The Fund may purchase floating and variable rate obligations, municipal derivatives, such as custodial receipt programs created by financial intermediaries, tender option bonds, and participations in municipal obligations. The Fund invests in various industries, including transportation, education, medical, airport, water, power, utilities and multifamily housing. The Fund's investment adviser is BNY Mellon Investment Adviser, Inc.


NYSE:DSM - Post by User

Comment by Copperking102on Apr 10, 2022 7:21pm
128 Views
Post# 34592353

RE:RE:DSM Powerplay ...a must watch video.......

RE:RE:DSM Powerplay ...a must watch video.......I've suspected all along that the action taken by the ministry was really a play to get the government carried with a percentage stake. Most African countries are doing just that. One can see that the minister is giving lip service to the courts, no documents tendered, and now the veiled threat of the legal continuance, is putting pressure to end this ordeal.I say to management, cut them in on 10%, they declare "victory", in essence, become your " partner" as you'll need them to make this a success. Everybody wins!!
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