BNY Mellon Funds Set $0.026 Monthly Distributions Payable April 30
BNY Mellon Strategic Municipal Bond Fund (DSM) and BNY Mellon Strategic Municipals (LEO) declared monthly distributions of $0.026 per share, payable April 30, 2026, with ex-dividend and record dates of April 14, 2026. The funds are managed by BNY Investments, which oversees $2.2 trillion in assets and $59.3 trillion under custody as of December 31, 2025.
1. Distribution Details
BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have each declared a monthly distribution of $0.026 per common share. The distributions will be paid on April 30, 2026, to shareholders of record as of April 14, 2026, with an ex-dividend date also set for April 14, 2026.
2. Fund Management Overview
Both closed-end funds are advised by BNY Mellon Investment Adviser, Inc., part of BNY Investments, which manages $2.2 trillion in assets across multiple asset classes. BNY Investments also benefits from BNY’s global custody and administration platform, which holds $59.3 trillion as of December 31, 2025.