BNY Mellon Strategic Municipals, Inc. (LEO)
BNY Mellon Strategic Municipals, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $5.63, down 0.18% on the session, giving a market capitalisation of $350.7M. On trailing twelve-month figures it carries a trailing P/E of 27.63, a net margin of 47.3%. Its beta of 0.62 implies it has historically moved less than the broad market.
BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.
BNY Mellon Strategic Municipals, Inc. is most often compared with the following Financial Services names: