Saba capital management buys $44,181 of BNY Mellon Strategic Municipals

Saba Capital Management, L.P., a 10% owner and director of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO), purchased common stock totaling $44,181 on October 20, 2026.

The investment manager acquired 7,724 shares of BNY Mellon Strategic Municipals common stock at a price of $5.72 per share. The purchase comes as the stock trades just 5% above its 52-week low of $5.41, while offering investors a dividend yield of 6.28%. According to InvestingPro data, LEO has maintained dividend payments for 40 consecutive years—one of several key insights available to subscribers, along with 6 additional ProTips. Following this transaction, Saba Capital Management, L.P. indirectly holds 6,436,358 shares. These securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. Boaz R. Weinstein is the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.