Capstone Investment Advisors LLC Invests $1.15 Million in BNY Mellon Strategic Municipals, Inc. $LEO

Posted by Brenda Bartman on Aug 28th, 2026

Capstone Investment Advisors LLC bought a new stake in shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 187,555 shares of the investment management company’s stock, valued at approximately $1,153,000. Capstone Investment Advisors LLC owned 0.30% of BNY Mellon Strategic Municipals at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Capital Analysts LLC purchased a new stake in shares of BNY Mellon Strategic Municipals in the fourth quarter worth about $26,000. Gilpin Wealth Management LLC purchased a new position in BNY Mellon Strategic Municipals during the fourth quarter valued at approximately $29,000. BOKF NA acquired a new position in BNY Mellon Strategic Municipals in the fourth quarter valued at approximately $78,000. Evolve Private Wealth LLC acquired a new position in BNY Mellon Strategic Municipals in the fourth quarter valued at approximately $96,000. Finally, Summit Financial LLC purchased a new stake in BNY Mellon Strategic Municipals in the 4th quarter worth approximately $113,000.

BNY Mellon Strategic Municipals Stock Down 0.6%

Shares of NYSE LEO opened at $6.17 on Friday. BNY Mellon Strategic Municipals, Inc. has a 12 month low of $5.83 and a 12 month high of $6.55. The firm’s 50 day simple moving average is $6.30 and its 200-day simple moving average is $6.34.

BNY Mellon Strategic Municipals (NYSE:LEO – Get Free Report) last posted its earnings results on Friday, May 29th. The investment management company reported $0.08 earnings per share for the quarter. The firm had revenue of $7.57 million for the quarter.

BNY Mellon Strategic Municipals Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Thursday, August 13th will be given a dividend of $0.03 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Thursday, August 13th.

About BNY Mellon Strategic Municipals

(Free Report)

BNY Mellon Strategic Municipals (NYSE: LEO) is a closed-end management investment company that seeks to deliver a high level of current income exempt from U.S. federal income tax. The fund primarily allocates its assets to investment-grade municipal securities, including bonds and other debt instruments issued by U.S. states, territories, municipalities and their authorities.

Beyond traditional investment-grade munis, the fund may also invest in below-investment-grade securities, variable‐rate demand obligations, municipal derivatives and other income-producing instruments.