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BNY Mellon Strategic Municipals, Inc. Stock Price

NYSE:LEO Community·US$396.8m Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 1 Fair Values set on narratives written by author

LEO Share Price Performance

US$6.36
0.48 (8.16%)
US$6.60
Fair Value
US$6.36
0.48 (8.16%)
3.6% undervalued intrinsic discount
US$6.60
Fair Value
Price US$6.36
richw US$6.60

LEO Community Narratives

Fair Value
·
Fair Value US$6.6 3.6% undervalued intrinsic discount

LEO shares may increase in value as a result of being a target of action by Saba Capital Management

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US$6.6
3.6% undervalued intrinsic discount
Fair Value
Profit Margin
29.08%
Future PE
16.8x
Price in 2031
US$9.95

Trending Discussion

Updated Narratives

LEO logo

LEO shares may increase in value as a result of being a target of action by Saba Capital Management

Fair Value: US$6.6 3.6% undervalued intrinsic discount
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Snowflake Analysis

Mediocre balance sheet unattractive dividend payer.

2 Risks
0 Rewards

BNY Mellon Strategic Municipals, Inc. Key Details

US$30.0m

Revenue

US$0

Cost of Revenue

US$30.0m

Gross Profit

US$43.1m

Other Expenses

-US$13.1m

Earnings

Last Reported Earnings
Sep 30, 2025
Next Reporting Earnings
n/a
-0.21
100.00%
-43.70%
32.8%
View Full Analysis

About LEO

Founded
1987
Employees
n/a
CEO
n/a
WebsiteView website
im.bnymellon.com/us/en/intermediary/products/closed-end-funds.jsp

BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.

Recent LEO News & Updates

Seeking Alpha May 03

LEO: Tax-Free Yield And Measured Duration Exposure

Summary 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. The leveraged nature of the fund increases the duration of the net asset base and also amplifies the fluctuations in portfolio prices, leading to higher volatility of the returns. LEO is rated a buy, primarily for investors in higher tax brackets seeking tax-exempt income, along with some optionality of further return enhancements, but also a willingness to undertake some amount of duration risk and credit exposure. Read the full article on Seeking Alpha

Recent updates

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