Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

DMF, DSM, LEO

BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable July 31, 2024 to shareholders of record on July 15, 2024, with an ex-dividend date of July 15, 2024.

Fund

Ticker

Monthly

Distribution

Per Share

Change from

Prior Monthly

Distribution

Per Share

BNY Mellon Municipal Income, Inc.

DMF

$0.019

--

BNY Mellon Strategic Municipal Bond Fund, Inc.

DSM

$0.018

--

BNY Mellon Strategic Municipals, Inc.

LEO

$0.019

--

Important Information

BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments. BNY Investments is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of March 31, 2024. Through a client-first approach, BNY Investments brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY. Additional information on BNY Investments is available on www.bnymellonim.com. Follow us on LinkedIn for the latest company news and activity.

BNY Investments is a division of BNY, which has $48.8 trillion in assets under custody and/or administration as of March 31, 2024. Established in 1784, BNY is America’s oldest bank. Today, BNY powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bny.com. Follow us on LinkedIn or visit our newsroom for the latest company news.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund investment returns and principal values will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today