BNY Mellon Municipal Income
BNY Mellon Municipal Income, Inc. is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - 3 large investors hold stakes in this company, and 1 of them is pushing for changes.
- Bulldog owns 8.1% and has said it may push for changes. Since Jan 30, 2024.
- RiverNorth owns 10.9% as a passive investor. On file since Nov 14, 2024.
- Sit Investment owns 10.9% as a passive investor. On file since April 4, 2024.
What this means for you
Bulldog has told the regulator it may push for changes at this company. That usually means asking for a seat on the board, a sale of the company, or a change in how it is run.
Nothing is required of you now.
Large investors can also sell down and walk away. We show every notice they file, the day it is filed.
What happened, and when
-
July 7, 2025
Karpus sold down below 5% and stopped reporting.
Original document → -
May 14, 2025
Karpus raised its stake to 12.1% (from 10%), as a passive investor.
Original document → -
Dec 6, 2024
Karpus now owns 10%, as a passive investor.
Original document → -
Nov 14, 2024
RiverNorth now owns 10.9%, as a passive investor.
Original document → -
Oct 3, 2024
Sit Investment raised its stake to 10.9% (from 5.1%), as a passive investor.
Original document →
Show all 13 events
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Oct 2, 2024
Saba sold down below 5% and stopped reporting.
Original document → -
Oct 1, 2024
Saba cut its stake to 6.1% (from 7.2%). It has said it may push for changes.
Original document → -
Sept 30, 2024
Saba cut its stake to 7.2% (from 8.6%). It has said it may push for changes.
Original document → -
Sept 27, 2024
Saba cut its stake to 8.6% (from 10.6%). It has said it may push for changes.
Original document → -
April 4, 2024
Sit Investment now owns 5.1%, as a passive investor.
Original document → -
March 5, 2024
Bulldog changed its mind: it now says it may push for changes. It owns 8.1%.
Original document → -
Jan 30, 2024
Bulldog now owns 7.5%, as a passive investor.
Original document → -
Jan 3, 2024
Saba now owns 10.6%. It has said it may push for changes.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| July 7, 2025 | Karpus | 0% | Sold down below 5% |
| May 14, 2025 | Karpus | 12.1% | Updated notice |
| Dec 6, 2024 | Karpus | 10% | Passive investor |
| Nov 14, 2024 | RiverNorth | 10.9% | Passive investor |
| Oct 3, 2024 | Sit Investment | 10.9% | Updated notice |
| Oct 2, 2024 | Saba | 4.2% | Sold down below 5% |
| Oct 1, 2024 | Saba | 6.1% | Updated notice |
| Sept 30, 2024 | Saba | 7.2% | Updated notice |
| Sept 27, 2024 | Saba | 8.6% | Updated notice |
| April 4, 2024 | Sit Investment | 5.1% | Passive investor |
| March 5, 2024 | Bulldog | 8.1% | May push for changes |
| Jan 30, 2024 | Bulldog | 7.5% | Passive investor |
| Jan 3, 2024 | Saba | 10.6% | Updated notice |
No announcements from the fund on file.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- not listed
Email me when something new is filed for BNY Mellon Municipal Income
Free. One email per notice or announcement, usually within a day. No password.