BNY Mellon Strategic Municipals (LEO)

• Market cap: $391M
• 1 day: -0.95%
• 5 days: 0.32%
• 1 month: -2.18%
• 3 months: -0.95%
• 6 months: 4.85%
• Year to date: 6.45%
• 1 year: 15.90%
• 5 years: -26.32%
• 10 years: -23.72%

About: BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

11% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 28

7% more capital invested

Capital invested by funds: $109M [Q1] → $116M (+$7.4M) [Q2]

4% more funds holding

Funds holding: 82 [Q1] → 85 (+3) [Q2]

1.64% more ownership

Funds ownership: 28.86% [Q1] → 30.5% (+1.64%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]