NYSE:DSM

BNY Mellon Strategic Municipal Bond Fund Stock Forecast, Price & News

$7.73

-0.09 (-1.15 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

$7.72

Now: $7.73▼

$7.85

50-Day Range

$7.66

MA: $7.86▼

$8.06

52-Week Range

$5.15

Now: $7.73▼

$8.19

Volume99,920 shs

Average Volume97,459 shs

Market Capitalization$480.88 million

P/E RatioN/A

Dividend Yield4.62%

Beta0.25

BNY Mellon Strategic Municipal Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds which are exempt from federal income tax. The fund seeks to maintain a weighted average maturity of greater than 10 years. It was formerly known as Dreyfus Strategic Municipal Bond Fund, Inc. BNY Mellon Strategic Municipal Bond Fund, Inc. was formed on November 22, 1989 and is domiciled in the United States.

Headlines

BNY Mellon Investment Management Announces Realignment of Several of Its Investment Firms and Anticipated Changes to the Portfolio Management Arrangements for Certain BNY Mellon Municipal Bond Closed-end Funds
February 10, 2021 | finance.yahoo.com

BNY Mellon Strategic Municipal Bond Fund, Inc. Common Stock (DSM)
October 19, 2020 | nasdaq.com

BNY Mellon Strategic Municipal Bond Fund Inc.
May 23, 2020 | www.barrons.com

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
May 19, 2020 | finance.yahoo.com

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (DCF)
May 12, 2020 | finance.yahoo.com

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYX: DSM) Announces Dividend Reduction
December 10, 2019 | finance.yahoo.com

BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM)
August 14, 2019 | finance.yahoo.com

Dreyfus Strategic Municipal Bond Fund Inc.
May 14, 2019 | www.barrons.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment offices, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:DSM

Previous Symbol

CUSIPN/A

CIK855887

WebN/A

Phone212-922-7045

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares62,210,000

Market Cap$480.88 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.87 out of 5 stars

Finance Sector

1189th out of 1,942 stocks

Investment Offices, Not Elsewhere Classified Industry

53rd out of 172 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for BNY Mellon Strategic Municipal Bond Fund.

2.7 Community Rank

Outperform Votes
BNY Mellon Strategic Municipal Bond Fund has received 159 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BNY Mellon Strategic Municipal Bond Fund has received 131 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BNY Mellon Strategic Municipal Bond Fund has received 54.83% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about BNY Mellon Strategic Municipal Bond Fund and other stocks. Vote “Outperform” if you believe DSM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DSM will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
BNY Mellon Strategic Municipal Bond Fund is a leading dividend payer. It pays a dividend yield of 4.62%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BNY Mellon Strategic Municipal Bond Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BNY Mellon Strategic Municipal Bond Fund insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 8.97% of the stock of BNY Mellon Strategic Municipal Bond Fund is held by institutions.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

$7.73

-0.09 (-1.15 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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BNY Mellon Strategic Municipal Bond Fund (NYSE:DSM) Frequently Asked Questions

What stocks does MarketBeat like better than BNY Mellon Strategic Municipal Bond Fund?

Wall Street analysts have given BNY Mellon Strategic Municipal Bond Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but BNY Mellon Strategic Municipal Bond Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting BNY Mellon Strategic Municipal Bond Fund?

BNY Mellon Strategic Municipal Bond Fund saw a increase in short interest in the month of February. As of February 12th, there was short interest totaling 25,300 shares, an increase of 48.0% from the January 28th total of 17,100 shares. Based on an average daily trading volume, of 100,500 shares, the days-to-cover ratio is presently 0.3 days.
View BNY Mellon Strategic Municipal Bond Fund's Short Interest.

How has BNY Mellon Strategic Municipal Bond Fund's stock been impacted by Coronavirus?

BNY Mellon Strategic Municipal Bond Fund's stock was trading at $7.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DSM stock has increased by 2.0% and is now trading at $7.73.
View which stocks have been most impacted by COVID-19.

How often does BNY Mellon Strategic Municipal Bond Fund pay dividends? What is the dividend yield for BNY Mellon Strategic Municipal Bond Fund?

BNY Mellon Strategic Municipal Bond Fund declared a monthly dividend on Friday, February 26th. Stockholders of record on Friday, March 12th will be paid a dividend of $0.03 per share on Wednesday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Thursday, March 11th.
View BNY Mellon Strategic Municipal Bond Fund's dividend history.

Is BNY Mellon Strategic Municipal Bond Fund a good dividend stock?

BNY Mellon Strategic Municipal Bond Fund pays an annual dividend of $0.36 per share and currently has a dividend yield of 4.62%. DSM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View BNY Mellon Strategic Municipal Bond Fund's dividend history.

Who are BNY Mellon Strategic Municipal Bond Fund's key executives?

BNY Mellon Strategic Municipal Bond Fund's management team includes the following people:

Mr. Daniel A. Barton CFA, Portfolio Mang.
Mr. Daniel Alexander Rabasco CFA, Co- Primary Portfolio Mang.
Mr. Jeffrey B. Burger CFA, Co-Primary Portfolio Mang.

What is Feike Sijbesma's approval rating as BNY Mellon Strategic Municipal Bond Fund's CEO?

231 employees have rated BNY Mellon Strategic Municipal Bond Fund CEO Feike Sijbesma on Glassdoor.com. Feike Sijbesma has an approval rating of 89% among BNY Mellon Strategic Municipal Bond Fund's employees.

Who are some of BNY Mellon Strategic Municipal Bond Fund's key competitors?

Some companies that are related to BNY Mellon Strategic Municipal Bond Fund include PIMCO Corporate & Income Opportunity Fund (PTY), Goldman Sachs BDC (GSBD), WisdomTree Emerging Markets High Dividend Fund (DEM), Royce Value Trust (RVT), Hercules Capital (HTGC), The Gabelli Equity Trust (GAB), Tri-Continental (TY), Liberty All-Star Equity Fund (USA), iShares MSCI Hong Kong ETF (EWH), iShares MSCI Australia ETF (EWA), Tortoise Energy Infrastructure (TYG), Boulder Growth & Income Fund (BIF), SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), Aberdeen Asia-Pacific Income Fund (FAX) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX).
View all of DSM's competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other BNY Mellon Strategic Municipal Bond Fund investors own include Virtus AllianzGI Convertible & Income Fund II (NCZ), Baytex Energy (BTE), Catalyst Pharmaceuticals (CPRX), Enphase Energy (ENPH), Enterprise Products Partners (EPD), Fluent (FLNT), Fuel Tech (FTEK), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), General Motors (GM) and Barrick Gold (GOLD).

What is BNY Mellon Strategic Municipal Bond Fund's stock symbol?

BNY Mellon Strategic Municipal Bond Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "DSM."

Who are BNY Mellon Strategic Municipal Bond Fund's major shareholders?

BNY Mellon Strategic Municipal Bond Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Robinson Capital Management LLC (1.70%), LPL Financial LLC (0.52%), Van ECK Associates Corp (0.36%), Guggenheim Capital LLC (0.30%), Baird Financial Group Inc. (0.24%) and Arete Wealth Advisors LLC (0.17%).
View institutional ownership trends for BNY Mellon Strategic Municipal Bond Fund.

Which major investors are selling BNY Mellon Strategic Municipal Bond Fund stock?

DSM stock was sold by a variety of institutional investors in the last quarter, including Baird Financial Group Inc., Avantax Advisory Services Inc., Fairhaven Wealth Management LLC, Raymond James Financial Services Advisors Inc., Laurel Wealth Advisors Inc., Creative Planning, and Mid Atlantic Financial Management Inc. ADV.
View insider buying and selling activity for BNY Mellon Strategic Municipal Bond Fund or view top insider-selling stocks.

Which major investors are buying BNY Mellon Strategic Municipal Bond Fund stock?

DSM stock was bought by a variety of institutional investors in the last quarter, including LPL Financial LLC, Arete Wealth Advisors LLC, Opal Wealth Advisors LLC, Kestra Advisory Services LLC, Robinson Capital Management LLC, Guggenheim Capital LLC, Telemus Capital LLC, and Clear Creek Financial Management LLC.
View insider buying and selling activity for BNY Mellon Strategic Municipal Bond Fund or or view top insider-buying stocks.

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

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

What is BNY Mellon Strategic Municipal Bond Fund's stock price today?

One share of DSM stock can currently be purchased for approximately $7.73.

How much money does BNY Mellon Strategic Municipal Bond Fund make?

BNY Mellon Strategic Municipal Bond Fund has a market capitalization of $480.88 million.

How can I contact BNY Mellon Strategic Municipal Bond Fund?

The investment management company can be reached via phone at 212-922-7045.

This page was last updated on 3/6/2021 by MarketBeat.com Staff

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