BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
April 29 2024 - 4:15PM
Business Wire
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 May 31,
2024 to shareholders of record on May 14, 2024, with an ex-dividend
date of May 13, 2024.
Fund
Ticker
Monthly
Distribution
Per Share
Change from Prior Monthly
Distribution
Per Share
BNY Mellon Municipal Income, Inc.
DMF
$0.015
--
BNY Mellon Strategic Municipal Bond Fund,
Inc.
DSM
$0.018
--
BNY Mellon Strategic Municipals, Inc.
LEO
$0.019
--
Important Information
BNY Mellon Investment Management 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 Mellon
Investment Management 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 Mellon.
Additional information on BNY Mellon Investment Management is
available on www.bnymellonim.com. Follow us on LinkedIn for the
latest company news and activity.
BNY Mellon Investment Management is a division of BNY
Mellon, which has $48.8 trillion in assets under custody and/or
administration as of March 31, 2024. Established in 1784, BNY
Mellon is America’s oldest bank. Today, BNY Mellon powers capital
markets around the world through comprehensive solutions that help
clients manage and service their financial assets throughout the
investment life cycle. BNY Mellon is the corporate brand of The
Bank of New York Mellon Corporation (NYSE: BK). Additional
information is available on www.bnymellon.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.
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For Press Inquiries: BNY Mellon Investment Adviser, Inc. Sue
Watt (212) 815-3757
For Other Inquiries: BNY Mellon Securities Corporation The
National Marketing Desk 240 Greenwich Street New York, New York
10286 1-800-334-6899
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