DSM News

Investors fled municipal bond funds en masse during the week ended March 18, putting some at a 10% discount to their net asset value and inverting the muni market’s yield curve.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF), BNY Mellon Municipal Income, Inc. (NYSE American: DMF), BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and BNY Mellon Strategic Municipals, Inc. (NYSE: LEO) (collectively, the "Funds") announced that, due to the public health and safety concerns of the coronavirus (COVID-19) pandemic, and to support the health and well-being of the Funds’ stockholders and officers, and other attendees, the 2020 Annual Meetings of Stockholders of the each of the Funds will be held in a virtual meeting format only. Stockholders will not be able to attend the Meetings in person.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF), BNY Mellon High Yield Strategies Fund (NYSE: DHF), BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB), BNY Mellon Municipal Income, Inc. (NYSE American: DMF), BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and BNY Mellon Strategic Municipals, Inc. (NYSE: LEO) each announced that certain fund statistics, as of March 31, 2020, are now available. The information will be posted to www.bnymellonim.com/us and can be accessed at: https://im.bnymellon.com/us/en/individual/products/closed-end-funds.jsp.

BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on April 30, 2020 to shareholders of record on April 15, 2020, with an ex-dividend date of April 14, 2020.