BNY Mellon Strategic Municipals (LEO)

• Market cap: $374M
• 1 day: -0.17%
• 5 days: -4.30%
• 1 month: -3.38%
• 3 months: -7.96%
• 6 months: -1.48%
• Year to date: 2.04%
• 1 year: 2.04%
• 5 years: -29.04%
• 10 years: -26.17%

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. BNY Mellon and its affiliates, including BNYM Investment Adviser, INA and others involved in the management, sales, investment activities, business operations or distribution of the Fund, are engaged in businesses and have interests other than that of managing the Fund.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

12% more capital invested

Capital invested by funds: $116M [Q2] → $130M (+$13.5M) [Q3]

4% more funds holding

Funds holding: 85 [Q2] → 88 (+3) [Q3]

1.54% more ownership

Funds ownership: 30.5% [Q2] → 32.04% (+1.54%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

22% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 32