Closed-end funds run by BNY Mellon
BNY Mellon runs 4 of the 361 U.S. closed-end funds we cover.
3 invest in tax-free municipal bonds and 1 in high-yield bonds.
At 3 of them a large investor is pushing for changes.
Yearly costs run from 2.6% to 4.1%.
4 funds
Sort by: name · yearly cost · borrowing · size
- DHF - BNY Mellon High Yield Strategies Fund
Run by BNY Mellon. Invests in high-yield bonds. Costs 3.3% a year. Borrows 29%. - DMB - BNY Mellon Municipal Bond Infrastructure Fund
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 4.1% a year. Borrows 37%. - DSM - BNY Mellon Strategic Municipal Bond Fund
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 2.7% a year. Borrows 35%. - LEO - BNY Mellon Strategic Municipals
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 34%.
Details: the same funds as a table
| Fund | Yearly cost | Borrowing | Size |
|---|---|---|---|
| DHF - BNY Mellon High Yield Strategies Fund | 3.3% | 29% | $197 million |
| DMB - BNY Mellon Municipal Bond Infrastructure Fund | 4.1% | 37% | $216 million |
| DSM - BNY Mellon Strategic Municipal Bond Fund | 2.7% | 35% | $322 million |
| LEO - BNY Mellon Strategic Municipals | 2.6% | 34% | $434 million |