BNY Mellon Municipal Income, Inc. (DMF)
BNY Mellon Municipal Income, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $6.98, up 0.72% on the session, giving a market capitalisation of $144.9M. On trailing twelve-month figures it carries a trailing P/E of 5.67, a net margin of 97.4%. Its beta of 0.62 implies it has historically moved less than the broad market.
BNY Mellon Municipal Income, Inc. is a closed-end mutual fund specializing in fixed income, expertly managed by BNY Mellon Investment Adviser, Inc. Its investment mandate primarily focuses on the United States' debt markets. The fund's main holdings comprise short-duration municipal obligations, all of which boast an investment-grade credit rating. Portfolio construction is guided by a rigorous fundamental analysis methodology. Historically, the fund operated under the name Dreyfus Municipal Income, Inc. Established on October 24, 1988, this U.S.-domiciled fund has a long operational history.
BNY Mellon Municipal Income, Inc. is most often compared with the following Financial Services names: