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BNY Mellon Strategic Municipals Inc. (LEO)

$5.55

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Key data on LEO

Market cap

$345714240

EPS

-1.79

P/E ratio

--

Price to sales

--

Dividend yield

6.486%

Beta

0.615575

Price on LEO

Previous close

$5.47

Today's open

$5.49

Day's range

$5.48 - $5.56

52 week range

$5.41 - $6.55

Profile about LEO

CEO

Joni Evans

Employees

--

Headquarters

New York, NY

Exchange

New York Stock Exchange

Shares outstanding

62290854

Issue type

Common Stock

LEO industries and sectors

Finance

Asset Management Services

News on LEO

LEO Pharma presents new tralokinumab data at EADV 2026 highlighting real-world outcomes and quality of life in adults and adolescents with atopic dermatitis (AD) involving high-burden areas

BALLERUP, Denmark--(BUSINESS WIRE)--LEO Pharma presents new tralokinumab data at EADV 2026.

news source

Business Wire • Oct 1, 2026

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LEO Pharma Announces FDA Acceptance of Dersimelagon NDA with Priority Review and Closes Acquisition from Tanabe Pharma

BALLERUP, Denmark--(BUSINESS WIRE)--LEO Pharma announces FDA acceptance of dersimelagon NDA with Priority Review and closes acquisition from Tanabe Pharma.

news source

Business Wire • Sep 18, 2026

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LEO: Tax-Free Yield And Measured Duration Exposure

BNY Mellon Strategic Municipals, Inc. is a closed-end fund primarily investing in investment-grade municipal tax-exempt debt with long-term maturity profiles. LEO's municipal bond fund offers an unsubsidized SEC yield of ~4.81%, which on a tax-equivalent basis equals ~8.13% for an investor in the highest tax bracket. The current elevated interest rate levels along with a higher term spread suggests some possibility of a medium-term mean reversion for the performances. The credit spreads however remain tighter.

news source

Seeking Alpha • May 3, 2026

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Why Low Tax Muni Bonds Belong In Your Retirement Portfolio In 2026

Municipal bonds offer tax-exempt income with lower default risk than similarly rated corporate bonds, making them attractive for higher-income investors. Long-duration munis are well-positioned to benefit from a potential decline in long-term interest rates. Closed-end funds provide diversified exposure but vary meaningfully in leverage, credit risk, distribution strategy, and discounts to NAV.

news source

Seeking Alpha • Apr 29, 2026

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Income-Covered Closed-End Fund Report, October 2025

This report screens ~400 closed-end funds for those with distribution coverage above 100%, aiming to identify lower-risk income opportunities for investors. Key metrics include premium/discount, z-score, leverage, baseline expense, and coverage. Top picks feature funds that offer high yields, deep discounts, and strong coverage, highlighting attractive value and income potential.

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Seeking Alpha • Oct 21, 2025

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Income-Covered Closed-End Fund Report, September 2025

This report screens ~400 closed-end funds (CEFs) for those with 100%+ net investment income coverage, highlighting lower risk of distribution cuts. Top lists identify CEFs with the widest discounts, most attractive z-scores, highest covered yields, and best combinations of value and income. Investors are encouraged to use these rankings as a starting point for due diligence, not as final buy or sell recommendations.

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Seeking Alpha • Sep 22, 2025

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BNY Mellon Municipal Bond Closed-End Funds Announce Sale of $158.4 Million of Variable Rate MuniFund Term Preferred Shares

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc. (NYX: DMF), BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and BNY Mellon Strategic Municipals, Inc. (NYSE: LEO) (each, a "Fund") have successfully sold $30,225,000, $49,300,000 and $78,900,000, respectively, of Variable Rate MuniFund Term Preferred Shares ("VMTP Shares") to a "qualified institutional buyer" as defined in Rule 144A under the Securities Act of 1933, a.

news source

Business Wire • Jul 12, 2023

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BNY Mellon Municipal Bond Closed-End Funds Announce Redemption of Auction Preferred Stock

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that each of BNY Mellon Municipal Income, Inc. (NYX: DMF), BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and BNY Mellon Strategic Municipals, Inc. (NYSE: LEO) (each, a "Fund") will be redeeming all issued and outstanding shares of the Fund's auction preferred stock ("APS"), pursuant to Section 4(a)(i) of the Fund's Articles Supplementary classifying and designating the APS (the "Articles Supplementary").

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Business Wire • Jun 30, 2023

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Weekly Closed-End Fund Roundup:  February 12, 2023

1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.

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Seeking Alpha • Feb 21, 2023

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Weekly Closed-End Fund Roundup: DEX Tender Offering Expires (February 5, 2023)

17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

news source

Seeking Alpha • Feb 14, 2023

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