BNY Mellon Strategic Municipals Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.49
Dividend & Yield0.28$ (4.46%)
Beta 0.46
Market capitalization 385.58M
Operating cash flow 45.19M
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

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Income Statement
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Balance Sheet Statement
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Insider Transactions

Here are the insider transactions of stock shares related to BNY Mellon Strategic Municipals Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BANK OF AMERICA CORPPurchase at price 8.22 - 8.55 per share.I2010-02-04Beneficial Owner of more than 10% of a Class of Security1.7k
BANK OF AMERICA CORPSale at price 8.31 - 8.59 per share.I2010-02-04Beneficial Owner of more than 10% of a Class of Security1.7k
JACOBS MARK NSale at price 8.68 - 8.72 per share.D2005-06-06Officer9k
JACOBS MARK NSale at price 8.74 - 8.78 per share.D2005-06-03Officer36.73k
JACOBS MARK NSale at price 8.75 per share.D2005-06-02Officer3k
DISDIER A PAULSale at price 8.39 per share.D2005-01-26Divisional Officer2.5k
DIMARTINO JOSEPH SSale at price 8.84 - 8.86 per share.I2004-10-19Director5k
DIMARTINO JOSEPH SSale at price 9.44 per share.D2003-10-22Director2k
DIMARTINO JOSEPH SPurchase at price 9.62 - 9.64 per share.I2003-04-21Director5k
DIMARTINO JOSEPH SPurchase at price 9.53 - 9.54 per share.D2003-01-30Director2k
DIMARTINO JOSEPH SSale at price 9.25 - 9.40 per share.D2001-11-28Director40k
DISDIER A PAULPurchase at price 9.16 per share.D2001-05-24Other Executive7k
MOYNIHAN RICHARD JOSEPHPurchase at price 9.25 per share.D2001-04-03Other Executive7k
DIMARTINO JOSEPH SPurchase at price 8.00 - 8.56 per share.2000-11-22Director40k
JACOBS MARK NPurchase at price 7.75 - 7.94 per share.D2000-06-14Officer44.3k
MOYNIHAN RICHARD JOSEPHSale at price 9.63 per share.1995-01-13President3.44k
DIMARTINO JOSEPH SSale at price 11.38 per share.1992-02-03Investment Advisor5k
MOYNIHAN RICHARD JOSEPHPurchase at price 10.25 per share.1990-06-01President1k
DIMARTINO JOSEPH SPurchase at price 10.75 per share.1988-10-24President5.5k
DIMARTINO JOSEPH SSale at price 9.75 per share.1988-04-25Chairman of the Board10k
MOYNIHAN RICHARD JOSEPHPurchase at price 9.00 per share.1987-11-24President2k
DIMARTINO JOSEPH SPurchase at price 8.50 per share.1987-10-29Chairman of the Board10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BNY Mellon Strategic Municipals Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BNY Mellon Strategic Municipals Inc

Here is the result of two systematic investment strategies applied to BNY Mellon Strategic Municipals Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BNY Mellon Strategic Municipals Inc

The following chart shows the equity curve of the two systematic investment strategies applied to BNY Mellon Strategic Municipals Inc:

BNY Mellon Strategic Municipals Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 8.38% on the backtest period.

Performance at glance

Performance

8.38 %

Latent gain

189.27 $

Invested capital

2259.54 $

Annualized return

2.02 %
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Momentum strategy results on BNY Mellon Strategic Municipals Inc

This is the result of two momentum investment strategies applied to BNY Mellon Strategic Municipals Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BNY Mellon Strategic Municipals Inc

The following chart shows all the entries opened by the momentum investment system on BNY Mellon Strategic Municipals Inc:

BNY Mellon Strategic Municipals Inc momentum entries
  • The first momentum investment strategy would give 12.04% of return on BNY Mellon Strategic Municipals Inc. That represents 724.72$ of latent gain with 6020.72$ of employed capital.
  • The second momentum investment strategy would give 10.42% of return on BNY Mellon Strategic Municipals Inc. That represents 392.72$ of latent gain with 3769.36$ of employed capital.
Performance at glance (1Q Momentum)

Performance

12.04 %

Latent gain

724.72 $

Invested capital

6020.72 $

Annualized return

3.16 %
Performance at glance (2Q Momentum)

Performance

10.42 %

Latent gain

392.72 $

Invested capital

3769.36 $

Annualized return

2.85 %

Momentum equity curve on BNY Mellon Strategic Municipals Inc

The following chart shows the equity curve of the two momentum strategies applied to BNY Mellon Strategic Municipals Inc:

BNY Mellon Strategic Municipals Inc momentum equity

Note: the dividends potentially given by BNY Mellon Strategic Municipals Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BNY Mellon Strategic Municipals Inc

The following chart shows the employed capital evolution of the two momentum strategies on BNY Mellon Strategic Municipals Inc since the beginning:

BNY Mellon Strategic Municipals Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on BNY Mellon Strategic Municipals Inc

Buy the dip entry openings on BNY Mellon Strategic Municipals Inc

BNY Mellon Strategic Municipals Inc

The performance achieved by the robo-advisor on BNY Mellon Strategic Municipals Inc is 6.76%. That represents 67.6$ of latent gain with 999.83$ of employed capital. The following chart shows BNY Mellon Strategic Municipals Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BNY Mellon Strategic Municipals Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

6.76 %

Latent gain

67.6 $

Invested capital

999.83 $

Annualized return

3.16 %

Equity curve of the strategy applied to BNY Mellon Strategic Municipals Inc

The following chart shows the result of the investment strategy applied to BNY Mellon Strategic Municipals Inc:

BNY Mellon Strategic Municipals Inc

Note: the dividends potentially given by BNY Mellon Strategic Municipals Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BNY Mellon Strategic Municipals Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on BNY Mellon Strategic Municipals Inc:

BNY Mellon Strategic Municipals Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BNY Mellon Strategic Municipals Inc

In this section, I will compare the three previous investment strategies applied to BNY Mellon Strategic Municipals Inc.

Equity curve comparison on BNY Mellon Strategic Municipals Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BNY Mellon Strategic Municipals Inc investment strategy comparison

Employed capital comparison on BNY Mellon Strategic Municipals Inc

BNY Mellon Strategic Municipals Inc investment comparison

Performance comparison on BNY Mellon Strategic Municipals Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 8.38% 189.27$ 2259.54$ 2.02%
Momentum 1 quarter 12.04% 724.72$ 6020.72$ 3.09%
Momentum 2 quarters 10.42% 392.72$ 3769.36$ 2.85%
Non-directional 6.76% 67.6$ 999.83$ 3.16%
Annualized return comparison

Automatic investment

2.02 %

Momentum 1Q

2.85 %

Momentum 2Q

2.85 %

Non-directional

3.16 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BNY Mellon Strategic Municipals Inc:

Note: The algorithm computes the probability of correlation between BNY Mellon Strategic Municipals Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of BNY Mellon Strategic Municipals Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BNY Mellon Strategic Municipals Inc
Country United States
City New York
Address 240 Greenwich Street
Phone 212 635 8827
Website im.bnymellon.com/us/en/intermediary/products/closed-end-funds.jsp
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XNYS
Ticker LEO
Market www.nyse.com

BNY Mellon Strategic Municipals Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown