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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 staukeloveron May 24, 2022 12:48am
174 Views
Post# 34702848

RE:How many more people need to die here?

RE:How many more people need to die here?It's unlikely that the deaths of the directors was the result of foul play. I would be eager to learn if it was. The first death (Sadike Nepela) was likely the trigger that caused the minister to deny EPL renewal in the first place. From what I have read Sadike held a close relationship with the ministry. His death after a short illness (as it was reported) may have been the catalyst that set this whole thing off. Sadike passed away on Jun15 2021. The EPL was denied the next day. Some may suggest that this was all pre planned by the ministry but I think otherwise. I have no details on the death of John Akwenye so cannot comment. I am sure more information will come to light and we should wait before jumping to conclusions (or out of helicopters).
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