BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM)
BNY Mellon Strategic Municipal Bond Fund, Inc. is a closed-end fund (National Muni) sponsored by BNY Mellon. As of the 2026-11-09 close it traded at $5.73 against a net asset value of $6.18, a discount of -7.28%. Its one-year average was -7.37% and its one-year discount z-score is 0.06.
Distribution rate: +6.28% on price, +5.83% on NAV. Net investment income covers 107% of the distribution. Return of capital was 0% of distributions in the latest fiscal year.
Activist campaigns: Saba Capital Management, L.P. owns 10.3% (Schedule 13D, latest filing 2025-12-31), seeking: Board seat; merger.
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