BNY Mellon Strategic Municipal Bond Fund (DSM)

• Market cap: $275M
• 1 day: -0.36%
• 5 days: 2.58%
• 1 month: -3.63%
• 3 months: -4.79%
• 6 months: -7.17%
• Year to date: -4.30%
• 1 year: -0.36%
• 5 years: -17.73%
• 10 years: -30.37%
• Sector: Financials
• Industry: Asset Management

About: BNY Mellon Strategic Municipal Bond Fund, Inc. is a diversified closed-end management investment company. Its investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

7% more capital invested

Capital invested by funds: $115M [Q3] → $123M (+$7.93M) [Q4]

5.3% more ownership

Funds ownership: 37.42% [Q3] → 42.71% (+5.3%) [Q4]

1% more funds holding

Funds holding: 98 [Q3] → 99 (+1) [Q4]

7% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 27