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BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

1. BNY Mellon announced monthly distributions for two municipal bond funds. 2. Distributions are due June 30, 2025, influenced by higher investment yields. 3. BNY Investments manages $2.0 trillion in assets, indicating strong market presence. 4. Closed-end funds may trade at premium or discount to net asset value. 5. The article emphasizes BNY's legacy and market role in capital asset management.

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Why Neutral?

The announcement of distributions typically reflects operational stability but lacks immediate relevance to DSM.

How important is it?

Market confidence in large asset managers like BNY might indirectly influence sentiment towards similar companies such as DSM.

Why Short Term?

Any potential impacts are tied to investor sentiment in the near term; structural changes will require longer timeframes.

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BKVMIDBD
- NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that 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 June 30, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025. The increase to the Funds distribution is primarily due to higher yields earned on the Funds' investments. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments. BNY Investments is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of March 31, 2025. Through a client-first approach, BNY Investments brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY. Additional information on BNY Investments is available on www.bny.com/investments. Follow us on LinkedIn for the latest company news and activity. BNY Investments is a division of BNY, which has $53.1 trillion in assets under custody and/or administration as of March 31, 2025. Established in 1784, BNY is America's oldest bank. Today, BNY powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bny.com. Follow us on LinkedIn or visit our newsroom for the latest company news. Closed-end funds are traded on the secondary market through one of the stock exchanges. Each Fund's investment returns and principal values will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value of each fund’s portfolio. There is no assurance that each Fund will achieve its investment objective. This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security. More News From BNY Mellon Investment Adviser, Inc.

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