DMF News and Press, Dreyfus Municipal Income Inc. From 03/04/22

BNY Mellon Municipal Income (NYSE:DMF) declares $0.029/share monthly dividend, in line with previous. Forward yield 4.36%. Payable Mar. 31; for shareholders of record Mar. 14; ex-div Mar. 11. See DMF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

BNY Mellon Municipal Income, Inc. (NYX: DMF) today announced a monthly cash distribution of $0.029 per share of common stock, payable on November 30, 2021 to shareholders of record on November 15, 2021 with an ex-dividend date of November 12, 2021. The $0.029 per share investment income...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

The US House Ways and Means Committee released their new 881-page tax proposal –there's some tricky stuff in it. If passed, the new top Federal rate in the US will be 46.4 percent, while the top capital gains tax rate appears it will be 31.8 percent from my calculations. NY...

Please replace the release dated August 30, 2021 with the following corrected version due to multiple revisions. The updated release reads: BNY MELLON MUNICIPAL BOND CLOSED-END FUNDS DECLARE DISTRIBUTIONS BNY Mellon Investment Adviser, Inc. announced today that BNY Mello...

While they may have become more common over the last 10 years, municipal defaults and bankruptcies still remain rare overall. The five-year all-rated cumulative default rate of municipal bonds throughout the study period (1970-2020) was unchanged at 0.08% and still remains very low. ...

BNY Mellon Investment Management announced today that, in partnership and agreement with several of its investment firms, it has realigned those firms to enhance their specialist capabilities. The realignment changed the portfolio management arrangements for BNY Mellon Municipal Income,...