Financial Services -
Asset Management - Income - NYSE - US
$ 6.98
0.722 %
$ 145 M
Market Cap
-87.25
P/E
1. INTRINSIC VALUE
Balance Sheet
BNY Mellon Municipal Income, Inc.
| Current Assets | 787 K |
| Cash & Short-Term Investments | 787 K |
| Receivables | 3.11 M |
| Other Current Assets | -3.11 M |
| Non-Current Assets | 241 M |
| Long-Term Investments | 241 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 955 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | -955 K |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
BNY Mellon Municipal Income, Inc.
| Revenue | 26.3 M |
| Cost Of Revenue | 0 |
| Gross Profit | 26.3 M |
| Operating Expenses | 689 K |
| Operating Income | 25.6 M |
| Other Expenses | 0 |
| Net Income | 25.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
BNY Mellon Municipal Income, Inc.
| Net Income | 25.6 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 3 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -15.2 K |
| Others | -25.6 M |
| Free Cash Flow | 900 K |
Wall Street Analysts Price Targets
BNY Mellon Municipal Income, Inc.
DMF has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.40%
DIVIDEND YIELD
0.078 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
BNY Mellon Municipal Income, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
2.44 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
BNY Mellon Investment Adviser, Inc. Announces Closing of Reorganization of BNY Mellon Municipal Income, Inc. With and Into a BNY Mellon Municipal Open-end Fund
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today the completion of the reorganization of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, with and into BNY Mellon AMT-Free Municipal Bond Fund (the "Acquiring Fund"), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund, effective as of the close of business on Friday, June 20, 2025. As previously announced, Fund stockholders approved the reorganization at a Special Me.
businesswire.com
- 3 weeks ago
BNY Mellon Investment Adviser, Inc. Announces Results of the Stockolder Meeting Relating to the Reorganization of BNY Mellon Municipal Income, Inc. With and Into a BNY Mellon Municipal Open-End Fund
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that, at a special meeting of stockholders of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, stockholders approved the reorganization of the Fund with and into BNY Mellon AMT-Free Municipal Bond Fund (the "Acquiring Fund"), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund. As previously announced, the reorganization was approved by the Board of Directors of the F.
businesswire.com
- 1 month ago
BNY Mellon Municipal Income, Inc. (NYSE: DMF) Announces Distribution
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Income, Inc. (NYSE: DMF) today announced a distribution of $0.078 per share of common stock, payable on June 16, 2025, to shareholders of record at the close of business on June 9, 2025. The ex-dividend date is June 9, 2025. The previous distribution declared in April was $0.019 per share of common stock. The Fund will be liquidated after the close of business on June 20, 2025. This will be the final distribution for the Fund. The Fund intends to.
businesswire.com
- 1 month ago
BNY Mellon Municipal Income, Inc. (NYSE: DMF) Announces Distribution
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc. (NYSE: DMF) declared a distribution of $0.019 per share of common stock, payable on May 23, 2025 to shareholders of record on May 14, 2025, with an ex-dividend date of May 14, 2025. The previous dividend declared in March was $0.019 per share of common stock. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investmen.
businesswire.com
- 2 months ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 April 30, 2025 to shareholders of record on April 14, 2025, with an ex-dividend date of April 14, 2025. Fund Ticker Monthly Distribution Per Share C.
businesswire.com
- 3 months ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 December 2, 2024 to shareholders of record on November 15, 2024, with an ex-dividend date of November 15, 2024. Fund Ticker Monthly Distribution Per.
businesswire.com
- 8 months ago
Special Opportunities Fund Announces Results of Annual Meeting of Stockholders of BNY Mellon Municipal Income
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE) announced today that, at the annual meeting of stockholders of BNY Mellon Municipal Income (NYSE: DMF) held on June 12, 2024, (1) Phillip Goldstein, Andrew Dakos and Moritz Sell were elected as Class I Directors, (2) a non-binding proposal to declassify the Board was approved, and (3) a non-binding proposal to request that the Board consider measures to allow stockholders to monetize their shares at a price at.
businesswire.com
- 1 year ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 May 31, 2024 to shareholders of record on May 14, 2024, with an ex-dividend date of May 13, 2024. Fund Ticker Monthly Distribution Per Share Change.
businesswire.com
- 1 year ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 April 30, 2024 to shareholders of record on April 12, 2024, with an ex-dividend date of April 11, 2024. Fund Ticker Monthly Distribution Per Share Change.
businesswire.com
- 1 year ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 February 29, 2024 to shareholders of record on February 14, 2024, with an ex-dividend date of February 13, 2024. Fund Ticker Monthly Distribution Pe.
businesswire.com
- 1 year ago
CEF Weekly Commentary | Swap Some MAIN Bonds?
Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation figures. PIMCO Corp & Inc Strat (PCN), a fund I've been high on for some time, has gone parabolic. There was a recommendation from a Seeking Alpha author that likely drove.
seekingalpha.com
- 1 year ago
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 October 31, 2023 to shareholders of record on October 16, 2023, with an ex-dividend date of October 13, 2023. Fund Ticker Monthly Distribution Per S.
businesswire.com
- 1 year ago
8. Profile
Summary
BNY Mellon Municipal Income, Inc. DMF
COUNTRY
US
INDUSTRY
Asset Management - Income
MARKET CAP
$ 145 M
Dividend Yield
1.40%
Description
BNY Mellon Municipal Income, 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 municipal obligations that are rated investment grade and have maturities of less than one year. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Municipal Income, Inc. BNY Mellon Municipal Income, Inc. was formed on October 24, 1988 and is domiciled in the United States.
Contact
240 Greenwich Street, New York City, NY, 10286
http://im.bnymellon.com/us
IPO
Date
Oct. 24, 1988
Employees
2600
Officers
Mr. Daniel Alexander Rabasco C.F.A., CFA
Co- Primary Portfolio Manager
Mr. Stephen Robert Byers
EVice President, Vice Chairman of Dreyfus, Chief Investment Officer of Dreyfus and Director of Dreyfus
Mr. Daniel A. Barton CFA
Primary Portfolio Manager
Mr. Jeffrey B. Burger C.F.A., CFA
Co-Primary Portfolio Manager