BNY MELLON STRATEGIC MUN BD DSM
COM · Closed-End Fund · CUSIP 09662E109
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.15.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 83 |
| Q4 2022 | 87 |
| Q1 2023 | 82 |
| Q2 2023 | 89 |
| Q3 2023 | 91 |
| Q4 2023 | 96 |
| Q1 2024 | 92 |
| Q2 2024 | 98 |
| Q3 2024 | 99 |
| Q4 2024 | 104 |
| Q1 2025 | 96 |
| Q2 2025 | 93 |
| Q3 2025 | 91 |
| Q4 2025 | 85 |
| Q1 2026 | 88 |
| Q2 2026 | 86 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 44 | 35 |
| Q4 2024 | 41 | 36 |
| Q1 2025 | 41 | 39 |
| Q2 2025 | 34 | 39 |
| Q3 2025 | 30 | 38 |
| Q4 2025 | 35 | 37 |
| Q1 2026 | 33 | 35 |
| Q2 2026 | 33 | 37 |
Biggest buyers
| Hennion & Walsh Asset Management, Inc. | Added | +689.8k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +260.2k |
| SIT INVESTMENT ASSOCIATES INC | Added | +132.1k |
| Bank of New York Mellon Corp | Added | +75.5k |
| GUGGENHEIM CAPITAL LLC | Added | +68.1k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Added | +41.7k |
| WELLS FARGO & COMPANY/MN | Added | +40.0k |
| CITADEL ADVISORS LLC | New | +38.8k |
| OSAIC HOLDINGS, INC. | Added | +37.5k |
| Thomas J. Herzfeld Advisors, Inc. | Added | +31.0k |
Biggest sellers
| Advisors Asset Management, Inc. | Sold out | -328.3k |
| Bulldog Investors, LLP | Reduced | -308.5k |
| Pathstone Holdings, LLC | Reduced | -186.7k |
| Almitas Capital LLC | Reduced | -168.3k |
| LPL Financial LLC | Reduced | -29.3k |
| Ackerman Capital Advisors, LLC | Reduced | -27.4k |
| Traub Capital Management LLC | Sold out | -24.0k |
| MORGAN STANLEY | Reduced | -13.3k |
| HighTower Advisors, LLC | Reduced | -13.0k |
| JANE STREET GROUP, LLC | Sold out | -12.6k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Saba Capital Management, L.P.
13D · may seek influence
no change · filed 2025-12-31
Stated purposeOn December 30, 2025, Saba Capital Master Fund, Ltd., a private fund advised by Saba Capital, submitted to the Issuer a notice of intent informing the Issuer of its intention to nominate Paul Kazarian as an independent director for election to the Board at the Issuer's 2026 annual meeting of shareholders. Full filing |
10.3% |
| Bulldog Investors, LLP 13G · institution +1.6 pts · filed 2026-02-13 | 6.7% |
| SIT INVESTMENT ASSOCIATES INC 13G · institution new · filed 2026-10-02 | 6.0% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 1 | $11.5k | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-08 | Skapyak Bradley J Director | Bought | $11.5k1.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 0.97% of their portfolio | 5.2m $31.9m | Unchanged |
| Bulldog Investors, LLP 4.15% of their portfolio | 3.1m $18.9m | Reduced -308.5k |
| Pathstone Holdings, LLC 0.05% of their portfolio | 3.0m $18.5m | Reduced -186.7k |
| SIT INVESTMENT ASSOCIATES INC 0.26% of their portfolio | 2.2m $13.8m | Added +132.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.56% of their portfolio | 1.9m $11.8m | Added +260.2k |
| Hennion & Walsh Asset Management, Inc. 0.26% of their portfolio | 1.5m $9.1m | Added +689.8k |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 1.1m $6.7m | Added +68.1k |
| Karpus Management, Inc. 0.17% of their portfolio | 936.6k $5.8m | Reduced -3.6k |
| Almitas Capital LLC 1.12% of their portfolio | 758.0k $4.7m | Reduced -168.3k |
| LPL Financial LLC 0.00% of their portfolio | 544.5k $3.3m | Reduced -29.3k |
| ROBINSON CAPITAL MANAGEMENT, LLC 1.27% of their portfolio | 467.2k $2.9m | Added +41.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 448.0k $2.8m | Added +40.0k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 423.7k $2.6m | Added +6.8k |
| MORGAN STANLEY 0.00% of their portfolio | 268.1k $1.6m | Reduced -13.3k |
| Fiera Capital Corp 0.01% of their portfolio | 258.4k $1.6m | Reduced -10.3k |
| Capital Investment Advisors, LLC 0.02% of their portfolio | 250.3k $1.5m | Reduced -6.0k |
| LORD, ABBETT & CO. LLC 0.00% of their portfolio | 225.0k $1.4m | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.37% of their portfolio | 195.9k $1.2m | Added +31.0k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 187.6k $1.2m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 180.2k $1.1m | Reduced -11.8k |
| 1607 Capital Partners, LLC 0.09% of their portfolio | 159.4k $980.3k | Unchanged |
| PARK AVENUE SECURITIES LLC 0.01% of their portfolio | 159.1k $978.0k | Reduced -11.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 145.9k $897.3k | Added +75.5k |
| Nuveen, LLC 0.00% of their portfolio | 136.1k $837.0k | Unchanged |
| Summit Trail Advisors, LLC 0.01% of their portfolio | 112.0k $688.9k | Reduced -4.8k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.08% of their portfolio | 107.6k $661.6k | Reduced -1.5k |
| Closed-End Fund Advisors, Inc. 0.60% of their portfolio | 100.3k $617.1k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 98.2k $603.7k | Reduced -5.7k |
| PFS Partners, LLC 0.23% of their portfolio | 93.2k $573.0k | Added +1.2k |
| Bridgewater Advisors Inc. 0.03% of their portfolio | 92.8k $538.1k | Unchanged |
| Ackerman Capital Advisors, LLC 0.11% of their portfolio | 91.6k $563.3k | Reduced -27.4k |
| UBS Group AG 0.00% of their portfolio | 88.1k $541.8k | Reduced -4.4k |
| Palogic Value Management, L.P. 0.16% of their portfolio | 72.0k $443.5k | Unchanged |
| Opal Wealth Advisors, LLC 0.09% of their portfolio | 71.0k $436.9k | Added +1.6k |
| Noble Wealth Management PBC 0.18% of their portfolio | 65.7k $404.3k | Added +4.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 63.2k $388.6k | Added +742 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 62.3k $383.0k | Added +807 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 60.1k $369.6k | Added +37.5k |
| Savvy Advisors, Inc. 0.01% of their portfolio | 59.1k $363.3k | Reduced -3.1k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 50.0k $308.0k | Unchanged |
| &PARTNERS 0.00% of their portfolio | 46.3k $284.9k | Reduced -4.4k |
| EVOLVE PRIVATE WEALTH, LLC 0.02% of their portfolio | 43.7k $268.7k | Added +15.3k |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 42.9k $263.6k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 38.8k $238.6k | New |
| Fortitude Advisory Group L.L.C. 0.09% of their portfolio | 38.8k $238.4k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.13% of their portfolio | 37.7k $232.0k | Reduced -6.4k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 33.8k $208.1k | Added +28 |
| Arete Wealth Advisors, LLC 0.01% of their portfolio | 33.4k $205.5k | Reduced -659 |
| Aviance Capital Partners, LLC 0.02% of their portfolio | 31.0k $190.5k | Reduced -2.9k |
| Camelot Portfolios, LLC 0.13% of their portfolio | 30.4k $186.7k | Reduced -5.3k |
| Ranch Capital Advisors Inc. 0.06% of their portfolio | 29.3k $180.2k | Added +73 |
| Petersen Hastings Wealth Advisors Inc. 0.01% of their portfolio | 28.9k $177.9k | Unchanged |
| INTEGRATED CAPITAL MANAGEMENT, INC. 0.12% of their portfolio | 27.8k $170.9k | Reduced -5.5k |
| ROTHSCHILD INVESTMENT LLC 0.01% of their portfolio | 25.0k $153.8k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 21.5k $132.5k | Added +633 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 21.4k $131.8k | Reduced -1.9k |
| Advisor OS, LLC 0.01% of their portfolio | 20.0k $123.0k | Added +9.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 18.8k $115.7k | Reduced -81 |
| Novak & Powell Financial Services, Inc. 0.05% of their portfolio | 18.5k $113.8k | Added +247 |
| HighTower Advisors, LLC 0.00% of their portfolio | 17.5k $107.6k | Reduced -13.0k |
| LexAurum Advisors, LLC 0.01% of their portfolio | 17.2k $106.0k | Unchanged |
| CJM Wealth Advisers, Ltd. 0.03% of their portfolio | 15.8k $97.5k | Added +212 |
| Realta Investment Advisors 0.03% of their portfolio | 15.2k $93.8k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 15.2k $93.3k | Added +2.1k |
| READYSTATE ASSET MANAGEMENT LP 0.00% of their portfolio | 14.3k $88.0k | New |
| BOKF, NA 0.00% of their portfolio | 12.8k $78.9k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 12.8k $78.5k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 12.6k $77.0k | Added +57 |
| Everstar Asset Management, LLC 0.04% of their portfolio | 12.1k $74.4k | Unchanged |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.00% of their portfolio | 12.1k $74.2k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 11.7k $71.8k | Added +85 |
| Shulman DeMeo Asset Management LLC 0.01% of their portfolio | 10.3k $63.5k | Reduced -130 |
| Clear Street Group Inc. 0.00% of their portfolio | 10.0k $61.5k | New |
| SMITH, MOORE & CO. 0.00% of their portfolio | 10.0k $61.5k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 10.0k $61.5k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 7.0k $43.0k | First filing |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 7.0k $42.9k | Unchanged |
| Smallwood Wealth Investment Management, LLC 0.02% of their portfolio | 6.5k $39.7k | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 4.9k $30.4k | New |
| EASTERN BANK 0.00% of their portfolio | 3.4k $21.2k | Reduced -1.6k |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 2.7k $16.6k | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 2.7k $16.6k | New |
| Quent Capital, LLC 0.00% of their portfolio | 2.0k $12.3k | New |
| Prestige Wealth Management Group LLC 0.00% of their portfolio | 1.4k $8.9k | Unchanged |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 1.0k $6.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1 $6 | Unchanged |