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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 Jan 25, 2022 9:10pm
133 Views
Post# 34360703

RE:CEO interview

RE:CEO interviewSo I watched the video and the undercurrent message I got was that all will end well. Seems like a jr deckhand got over his or her skis and misguided the Minister with some half-truths. What that motive is or was remains unclear, but will soon be dealt with. Lots of important Namibia Nationals with standing in the Gov't, as well as invested positions, are lobbying for a clean resolution. We might need to give up a slice of the pie to close this deal, but that's the new African model, and if it gives closure to this fiasco, so be it. We need to move on...
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