BNY Mellon Declares Monthly Distribution of $0.023 for Strategic Municipal Funds
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
- Monthly Distribution Announcement: BNY Mellon Strategic Municipal Bond Fund and BNY Mellon Strategic Municipals have each declared a monthly distribution of $0.023 per share, indicating stable income generation despite no change from the prior month.
- Payment Schedule: The distributions will be paid on December 31, 2025, to shareholders of record as of December 11, 2025, ensuring timely returns for investors and enhancing confidence in the funds.
- Asset Management Scale: As of September 30, 2025, BNY Investments manages $2.1 trillion in assets, solidifying its position as one of the world's largest asset managers and enhancing its market influence.
- Historical Context: Established in 1784, BNY is America's oldest bank, with total assets under custody and/or administration reaching $57.8 trillion, showcasing its significant role and long-term stability in capital markets.
Analyst Views on BK
Wall Street analysts forecast BK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BK is 118.89 USD with a low forecast of 109.00 USD and a high forecast of 133.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 123.970
Low
109.00
Averages
118.89
High
133.00
Current: 123.970
Low
109.00
Averages
118.89
High
133.00
About BK
The Bank of New York Mellon Corporation is a global financial services company. The Company’s business segment includes Securities Services, Market and Wealth Services and Investment and Wealth Management. The Securities Services business segment consists of Asset Servicing and Issuer Services, which provide business solutions across the transaction life cycle to its global asset owner and asset manager clients. The Market and Wealth Services business segment consists of three lines of business, Pershing, Treasury Services and Clearance and Collateral Management, which provide business services and technology solutions. Its Investment and Wealth Management business segment delivers a diversified portfolio of investment strategies independently, and through its global distribution network, to institutional and retail clients globally. It provides investment management, custody, wealth and estate planning, private banking services, investment servicing and information management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
