NYSE:DSM

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

$7.73

-0.01 (-0.13 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$7.71

Now: $7.73▼

$7.78

50-Day Range

$7.61

MA: $7.74▼

$7.87

52-Week Range

$5.15

Now: $7.73▼

$8.34

Volume83,925 shs

Average Volume88,811 shs

Market Capitalization$480.88 million

P/E RatioN/A

Dividend Yield4.65%

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.

Overall MarketRank^™

0.87 out of 5 stars

Finance Sector

1188th out of 1,939 stocks

Investment Offices, Not Elsewhere Classified Industry

61st 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 4.65%, 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

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

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

$7.73

-0.01 (-0.13 %)

(As of 01/19/2021 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

How has BNY Mellon Strategic Municipal Bond Fund's stock price been impacted by Coronavirus (COVID-19)?

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

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.

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 announced a monthly dividend on Thursday, December 31st. Stockholders of record on Friday, January 15th will be given a dividend of $0.03 per share on Friday, January 29th. This represents a $0.36 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Thursday, January 14th.
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 4.65%. 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.

Are investors shorting BNY Mellon Strategic Municipal Bond Fund?

BNY Mellon Strategic Municipal Bond Fund saw a increase in short interest in December. As of December 31st, there was short interest totaling 38,800 shares, an increase of 32.9% from the December 15th total of 29,200 shares. Based on an average trading volume of 96,100 shares, the short-interest ratio is presently 0.4 days.
View BNY Mellon Strategic Municipal Bond Fund's Short Interest.

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 Adams Diversified Equity Fund (ADX), PIMCO Corporate & Income Opportunity Fund (PTY), Goldman Sachs BDC (GSBD), WisdomTree Emerging Markets High Dividend Fund (DEM), iShares MSCI Australia ETF (EWA), Royce Value Trust (RVT), Hercules Capital (HTGC), Tri-Continental (TY), The Gabelli Equity Trust (GAB), Liberty All-Star Equity Fund (USA), iShares MSCI Hong Kong ETF (EWH), Tortoise Energy Infrastructure (TYG), Boulder Growth & Income Fund (BIF), Aberdeen Asia-Pacific Income Fund (FAX) and SPDR Bloomberg Barclays International Treasury Bond ETF (BWX).
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 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).

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 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 variety of retail and institutional investors. Top institutional investors include Park Avenue Securities LLC (0.16%).
View institutional ownership trends for BNY Mellon Strategic Municipal Bond Fund.

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 Park Avenue Securities 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.

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 big of a company is BNY Mellon Strategic Municipal Bond Fund?

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 1/20/2021 by MarketBeat.com Staff

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