BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--August 29, 2024--
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 October 1, 2024 to shareholders of record on September 16, 2024, with an ex-dividend date of September 16, 2024.
Monthly Change from Prior Monthly
Distribution Distribution Per Share
Fund Ticker Per Share
------------------------- ------- -------------- --------------------------
BNY Mellon Municipal DMF $0.019 --
Income, Inc.
------------------------- ------- -------------- --------------------------
BNY Mellon Strategic DSM $0.018 --
Municipal Bond Fund,
Inc.
------------------------- ------- -------------- --------------------------
BNY Mellon Strategic LEO $0.019 --
Municipals, Inc.
------------------------- ------- -------------- --------------------------
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 June 30, 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 $49.5 trillion in assets under custody and/or administration as of June 30, 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 $(BK)$. 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. Each Fund's 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 of each fund's portfolio. There is no assurance that each 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240829481598/en/
CONTACT: 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
(END) Dow Jones Newswires
August 29, 2024 16:14 ET (20:14 GMT)
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