Saba Capital Management buys $72,478 in BNY Mellon LEO stock

Saba Capital Management, L.P., a significant shareholder in BNY Mellon Strategic Municipals, Inc. (LEO), acquired additional common stock in the company on October 26, 2026. The investment firm purchased 12,583 shares for a total value of $72,478, with the shares acquired at a price of $5.76 each. The municipal bond fund currently trades at $5.92 and offers a dividend yield of 6.16%, having maintained dividend payments for 40 consecutive years, according to InvestingPro data, which tracks over 15 additional financial metrics for LEO.

Saba Capital Management, L.P. is listed as both a Director and a 10% Owner of BNY Mellon Strategic Municipals, Inc. The securities are held indirectly by various funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, which is the general partner of Saba Capital Management, L.P.

Following these transactions, Saba Capital Management, L.P. indirectly beneficially owns a total of 6,559,772 shares of BNY Mellon Strategic Municipals, Inc. common stock.