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 distribution monthly for each Common Shares of the Fund as summarized below. Distributions are payable on December 31, 2020 to shareholders of record on December 14, 2020, with an ex-dividend date of December 11, 2020.
Change from previous
BNY Mellon Municipal Income, Inc.
BNY Mellon Strategic Municipal Bond Fund, Inc.
BNY Mellon Strategic Municipals, Inc.
BNY Mellon Investment Adviser, Inc., the Fund’s investment advisor, is part of BNY Mellon Investment Management. BNY Mellon Investment Management is one of the world’s leading investment management organizations and a leading wealth manager in the United States, with $ 2,000 billion in assets under management as of September 30, 2020. BNY Mellon Investment Management encompasses the portfolio management companies affiliated with BNY Mellon. global management organization and distribution companies. Through an investor-centric approach, BNY Mellon Investment Management brings to its clients the best of both worlds: the specialist expertise of eight world-class investment firms offering solutions across all major asset classes, supported 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 in custody and / or administration as of September 30, 2020.
BNY Mellon is the corporate trademark of Bank of New York Mellon Corporation and may also be used as a generic term to refer to the Company as a whole or its various subsidiaries in general. Additional information on BNY Mellon Investment Management is available at www.im.bnymellon.com. BNY Mellon Investment Management’s website is intended to provide investors with public access to information about the Fund and does not incorporate, and is not intended to, incorporate the website into this release.
Closed funds are traded in the secondary market through one of the exchanges. Investment returns and the capital value of the Fund will fluctuate so that an investor’s shares may be worth more or less than the original cost. Closed-end fund shares may trade above (a premium) or below (a haircut) the net asset value (NAV) of the fund portfolio. There can be no assurance that the Fund will achieve its investment objective.
This press release is for informational purposes only and should not be construed as investment advice or a recommendation of any particular security.