BNY Mellon Strategic Municipal Bond Fund (DSM) Stock Price, News & Analysis

Company Overview

BNY Mellon Strategic Municipal Bond Fund Inc. (NYSE: DSM) is a closed-end, diversified management investment company sponsored by The Bank of New York Mellon Corporation. Launched in 2007, DSM is listed on the New York Stock Exchange and offers investors access to a professionally managed portfolio of municipal debt securities. As a publicly traded fund, DSM combines the liquidity of the secondary market with the long-term investment horizon of a mutual fund structure.

The fund’s primary objective is to provide current income exempt from federal income tax. DSM invests principally in municipal obligations issued by states, municipalities and territories of the United States. Its portfolio may include general obligation bonds, revenue bonds and other municipal securities spanning a range of credit qualities and maturities. To enhance yield potential, the fund may employ leverage through the issuance of preferred shares or the use of borrowings, as well as derivative instruments for hedging and duration management.

BNY Mellon Strategic Municipal Bond Fund is sub-advised by Newton Investment Management Limited, an affiliate of BNY Mellon Investment Management, and overseen by an independent board of directors. The fund benefits from BNY Mellon’s global custody, fund administration and distribution infrastructure, while leveraging Newton’s expertise in fixed-income research and portfolio construction. DSM is designed to serve individual and institutional investors seeking tax-advantaged income through a closed-end fund structure.

Key Stats

• Today's Range: $5.89 to $5.98
• 50-Day Range: $5.48 to $5.99
• 52-Week Range: $5.28 to $6.25
• Volume: 103,738 shs
• Average Volume: 134,167 shs
• Market Capitalization: $298.28 million
• P/E Ratio: N/A
• Dividend Yield: 1.52%
• Price Target: N/A
• Consensus Rating: N/A

DSM Stock Analysis - Frequently Asked Questions

How have DSM shares performed this year?

BNY Mellon Strategic Municipal Bond Fund's stock was trading at $5.81 at the start of the year. Since then, DSM shares have increased by 2.2% and is now trading at $5.9360.

How do I buy shares of BNY Mellon Strategic Municipal Bond Fund?

Shares of DSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BNY Mellon Strategic Municipal Bond Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BNY Mellon Strategic Municipal Bond Fund investors own include Virtus Convertible & Income Fund II (NCZ), Baytex Energy (BTE), Catalyst Pharmaceuticals (CPRX), Enphase Energy (ENPH), Enterprise Products Partners (EPD) and Fluent (FLNT).

Company Calendar

• Record date for 10/1 Dividend: 9/12/2025
• Ex-Dividend for 10/1 Dividend: 9/12/2025
• Dividend Payable: 10/01/2025
• Today: 10/07/2025
• Record date for 10/31 Dividend: 10/14/2025
• Ex-Dividend for 10/31 Dividend: 10/14/2025
• Dividend Payable: 10/31/2025
• Fiscal Year End: 11/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST FUND
• Sub-Industry: Financial Services
• Current Symbol: NYSE:DSM
• CIK: 855887
• Web: N/A
• Phone: (212) 922-8297
• Fax: N/A
• Employees: 20,786
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 50,250,000
• Free Float: N/A
• Market Cap: $298.28 million
• Optionable: Not Optionable
• Beta: 0.74