BNY Mellon fund boards retain seats after defeating dissident nominee

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DSM and LEO Stockholders Vote to Support Board Nominees in Certified Results of 2026 Annual Stockholder Meetings

June 23, 2026 5:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- BNY Mellon Investment Adviser, Inc. announced today that the three incumbent Board nominees for each of BNY Mellon Strategic Municipals, Inc. (LEO) and BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM), closed-end investment management companies, will continue to steward the Funds, according to certified voting results of the Funds annual stockholders meetings held on June 11, 2026.

The certified results reflect strong stockholder turnout at the Funds annual stockholders meetings. Each Funds incumbent Board nominees received more stockholder votes than, and defeated, the dissident nominee, indicating stockholder support for continued stewardship from the Funds current Boards of... More