BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
December 30 2020 - 4:06PM
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 on
January 29, 2021 to shareholders of record on January 15, 2021,
with an ex-dividend date of January 14, 2021.
Fund
Ticker
Monthly
Distribution
Per Share
Change from Prior Monthly
Distribution Per Share
BNY Mellon Municipal Income, Inc.
DMF
$0.035
--
BNY Mellon Strategic Municipal Bond Fund,
Inc.
DSM
$0.030
--
BNY Mellon Strategic Municipals, Inc.
LEO
$0.035
--
Important Information
BNY Mellon Investment Adviser, Inc., the investment adviser for
the Fund, is part of BNY Mellon Investment Management. BNY Mellon
Investment Management is one of the world’s leading investment
management organizations and one of the top U.S. wealth managers,
with US $2.0 trillion in assets under management as of September
30, 2020. BNY Mellon Investment Management encompasses BNY Mellon’s
affiliated investment management firms, wealth management
organization and global distribution companies. Through an
investor-first approach, BNY Mellon Investment Management brings to
clients the best of both worlds: specialist expertise from eight
world-class investment firms offering solutions across every major
asset class, backed by the strength, stability, and global presence
of The Bank of New York Mellon Corporation (NYSE: BK), one of the
world’s most trusted investment partners, which has US $38.6
trillion in assets under custody and/or administration as of
September 30, 2020.
BNY Mellon is the corporate brand of The Bank of New York Mellon
Corporation and may also be used as a generic term to reference the
Corporation as a whole or its various subsidiaries generally.
Additional information on BNY Mellon Investment Management is
available on www.im.bnymellon.com. BNY Mellon Investment
Management’s website is intended to allow investors public access
to information regarding the Fund and does not, and is not intended
to, incorporate the website in this release.
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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version on businesswire.com: https://www.businesswire.com/news/home/20201230005359/en/
For Press Inquiries: BNY Mellon Investment Adviser, Inc.
Benjamin Tanner (212) 635-8676
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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