BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
April 29 2021 - 4:05PM
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 May
28, 2021 to shareholders of record on May 14, 2021, with an
ex-dividend date of May 13, 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 Management is one of the world’s largest
asset managers, with $2.2 trillion in assets under management as of
March 31, 2021. Through an investor-first approach, BNY Mellon
Investment Management brings to clients the best of both worlds:
specialist expertise from eight investment firms offering solutions
across every major asset class, backed by the strength, stability,
and global presence of BNY Mellon. Additional information on BNY
Mellon Investment Management is available on
www.bnymellonim.com.
BNY Mellon Investment Management is a division of BNY Mellon,
which has $41.7 trillion in assets under custody and/or
administration as of March 31, 2021. BNY Mellon can act as a single
point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. 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 Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/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.
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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