DSM Profile
BNY Mellon Strategic Municipal Bond Fund, Inc., originally named Dreyfus Strategic Municipal Bond Fund, Inc., is a closed-ended fixed income mutual fund managed by BNY Mellon Investment Adviser, Inc. Founded on November 22, 1989, the fund specializes in investing in the United States' fixed income markets, focusing primarily on investment grade municipal bonds that offer federal income tax exemption.
The fund's investment strategy emphasizes maintaining a weighted average maturity exceeding 10 years, aiming to optimize yield potential while managing interest rate risk. BNY Mellon Strategic Municipal Bond Fund, Inc. plays a pivotal role for investors seeking income generation through tax-efficient municipal bond investments.
Managed by BNY Mellon Investment Adviser, Inc., the fund benefits from the expertise and resources of one of the world's largest asset management firms. It caters to investors looking to capitalize on the stability and tax advantages offered by investment grade municipal bonds, aligning its strategy with long-term wealth preservation and income generation objectives.
Domiciled in the United States, BNY Mellon Strategic Municipal Bond Fund, Inc. continues to uphold its legacy of providing investors with access to diversified municipal bond portfolios, supported by rigorous research and disciplined investment management practices.
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