BNY Mellon Strategic MunicipalsLEO
About: BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others. BNY Mellon and its affiliates, including BNYM Investment Adviser, INA and others involved in the management, sales, investment activities, business operations or distribution of the Fund, are engaged in businesses and have interests other than that of managing the Fund.
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
8% more capital invested
Capital invested by funds: $135M [Q4 2024] → $145M (+$10.3M) [Q1 2025]
2.19% more ownership
Funds ownership: 35.85% [Q4 2024] → 38.04% (+2.19%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
14% less funds holding
Funds holding: 102 [Q4 2024] → 88 (-14) [Q1 2025]
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Research analyst outlook
We haven’t received any recent analyst ratings for LEO.
Financial journalist opinion


