BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
January 28 2021 - 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
February 26, 2021 to shareholders of record on February 12, 2021,
with an ex-dividend date of February 11, 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 $2.2 trillion in assets under management as of
December 31, 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 $41.1 trillion in assets under custody
and/or administration as of December 31, 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/20210128006086/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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