Insider Trading (Form 4)
See all →BNY Mellon Investment Adviser, Inc. announced that stockholders of BNY Mellon Municipal Income, Inc. approved its reorganization into an open-end fund, aiming to allow share monetization at or near net asset value.
Bank of America Corp reports the disposition of 1,209 Variable Rate MuniFund Term Preferred Shares, Series 2023-1 held by its subsidiary Banc of America Preferred Funding Corporation, due to redemption by BNY Mellon Municipal Income, Inc.
Bank of America Corporation, along with its subsidiaries BofA Securities and Merrill Lynch, reported multiple transactions involving the common stock of BNY Mellon Municipal Income, Inc., indicating changes in their beneficial ownership.
Saba Capital Management, L.P. reports selling shares of BNY Mellon Municipal Income, Inc. (DMF) on September 24 and 25, 2024, reducing its holdings.
Saba Capital Management, a 10% owner and director, acquired 20,410 shares of BNY Mellon Municipal Income, Inc. at $6.75 per share on March 19, 2024, increasing its total holdings.
Saba Capital Management, L.P. reports increased beneficial ownership in BNY Mellon Municipal Income, Inc. through recent common stock purchases.
Proxy Statements (Def-14A)
See all →BNY Mellon Municipal Income Fund is urging stockholders to vote FOR the Board-recommended proposals on the WHITE proxy card at the upcoming Annual Meeting on June 12, 2024, amidst challenges from activist hedge funds Saba Capital Management and Bulldog Investors.
Better than expected
BNY Mellon Municipal Income Fund, Inc. has filed a proxy statement related to its upcoming shareholder meeting.
BNY Mellon Municipal Income Fund is urging shareholders to vote FOR the Board's recommendations on the WHITE proxy card to protect their investment from activist hedge funds seeking changes that could impact the fund's stability and income.
BNY Mellon Municipal Income Fund is urging stockholders to vote 'FOR' the board-approved proposals on the WHITE proxy card, including electing qualified board members and voting 'AGAINST' the board declassification proposal, in response to activist hedge fund activity.
DEFC14A: Bulldog Investors Launches Proxy Fight to Unlock Value at BNY Mellon Municipal Income (DMF)
Bulldog Investors is seeking to replace three directors on the board of BNY Mellon Municipal Income (DMF) to address the fund's persistent discount to net asset value (NAV).
Better than expected
BNY Mellon Municipal Income is holding its annual meeting where stockholders will vote on the election of directors and a proposal to declassify the board, amidst opposition from activist hedge funds.
Schedule 13D - Activist Investments
SCHEDULE 13D/A: Bank of America Entities Cease Beneficial Ownership in BNY Mellon Municipal Income Preferred Shares Following Redemption
Bank of America Corporation and Banc of America Preferred Funding Corporation have reported ceasing beneficial ownership of Variable Rate MuniFund Term Preferred Shares of BNY Mellon Municipal Income, Inc. following a redemption.
Schedule 13G - Passive Investments
Karpus Management, Inc. has filed an amended Schedule 13G for BNY Mellon Municipal Income, Inc., indicating zero beneficial ownership of common shares as of June 30, 2025.
Karpus Management, Inc. has filed an amended Schedule 13G, revealing a significant beneficial ownership of 12.05% in BNY Mellon Municipal Income, Inc.