BNY Mellon Strategic Municipals (LEO) Stock Price, News & Analysis

Company Overview

BNY Mellon Strategic Municipals (NYSE:LEO) is a closed-end management investment company sponsored by The Bank of New York Mellon Corporation. The fund’s primary objective is to provide current income exempt from U.S. federal income tax by investing primarily in municipal securities issued by state and local governments. Leveraging BNY Mellon’s extensive credit research capabilities, LEO seeks to construct a diversified portfolio of revenue bonds, general obligation bonds and other tax-advantaged fixed-income instruments.

The fund’s investment team employs a disciplined, research‐driven process that combines top-down credit analysis with bottom-up security selection. Portfolio managers evaluate issuer creditworthiness, interest-rate risk and market liquidity to identify opportunities across a broad spectrum of municipal sectors—such as transportation, healthcare, education and utility bonds. Active duration management and yield curve positioning are used to help mitigate interest-rate volatility while seeking attractive risk-adjusted returns.

LEO was first listed on the New York Stock Exchange in 2016 and is advised by BNY Mellon Investment Adviser, a subsidiary of BNY Mellon with roots dating back over two centuries. The fund draws on the firm’s global research network and robust technological infrastructure to support its investment operations. Over the years, LEO has navigated multiple market environments, seeking to preserve capital during periods of volatility and capture income opportunities in both primary and secondary municipal bond markets.

Headquartered in New York City, the fund’s day-to-day management rests with a team of seasoned portfolio managers and municipal credit analysts led by Senior Portfolio Manager William Kelly, who has over 20 years of experience in the municipal bond market. Oversight is provided by an independent board of directors that ensures adherence to the fund’s investment policies and regulatory requirements. Through its tax-exempt income focus and active management approach, BNY Mellon Strategic Municipals serves individual and institutional investors seeking a potential supplement to taxable fixed-income allocations.

Key Stats

• Today's Range: $5.82 to $5.85
• 50-Day Range: $5.77 to $5.98
• 52-Week Range: $5.55 to $6.64
• Volume: 215,792 shs
• Average Volume: 179,740 shs
• Market Capitalization: $364.09 million
• P/E Ratio: N/A
• Dividend Yield: 2.57%
• Price Target: N/A
• Consensus Rating: N/A

LEO Stock Analysis - Frequently Asked Questions

How have LEO shares performed this year?

BNY Mellon Strategic Municipals' stock was trading at $6.04 at the beginning of the year. Since then, LEO stock has decreased by 3.2% and is now trading at $5.8450.

Who are BNY Mellon Strategic Municipals' major shareholders?

Top institutional shareholders of BNY Mellon Strategic Municipals include Park Avenue Securities LLC (0.31%).

How do I buy shares of BNY Mellon Strategic Municipals?

Shares of LEO 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 Municipals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BNY Mellon Strategic Municipals investors own include Best of the Best (BOTB), Apple Hospitality REIT (APLE), Charles Schwab (SCHW), AT&T (T), Gilead Sciences (GILD), Cheniere Energy (LNG) and BCE (BCE).

Company Calendar

• Record date for 6/30 Dividend: 6/12/2025
• Ex-Dividend for 6/30 Dividend: 6/12/2025
• Dividend Payable: 6/30/2025
• Today: 7/14/2025
• Record date for 7/31 Dividend: 7/14/2025
• Ex-Dividend for 7/31 Dividend: 7/14/2025
• Dividend Payable: 7/31/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST FUND
• Sub-Industry: Financial Services
• Current Symbol: NYSE:LEO
• CIK: 818972
• Web: im.bnymellon.com
• Phone: 212-635-8827
• Fax: N/A
• Employees: 147,000
• 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: $2.18 million
• Price / Sales: 166.77
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 62,291,000
• Free Float: 61,668,000
• Market Cap: $364.09 million
• Optionable: Not Optionable
• Beta: 0.62