ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

LEO BNY Mellon Strategic Municipals Inc

6.18
-0.02 (-0.32%)
Last Updated: 16:23:11
Delayed by 15 minutes
Share Name Share Symbol Market Type
BNY Mellon Strategic Municipals Inc NYSE:LEO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.32% 6.18 6.20 6.18 6.19 72,855 16:23:11

CORRECTING & REPLACING Certain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of Partial Redemptions of Aucti...

07/08/2013 11:06pm

Business Wire


BNY Mellon Strategic Mun... (NYSE:LEO)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more BNY Mellon Strategic Mun... Charts.

Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

CERTAIN DREYFUS CLOSED-END MUNICIPAL BOND FUNDS ANNOUNCE ANOTHER ROUND OF PARTIAL REDEMPTIONS OF AUCTION RATE PREFERRED SECURITIES

Each of Dreyfus Municipal Income, Inc. (NYX: DMF), Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and Dreyfus Strategic Municipals, Inc. (NYSE: LEO) today called for the partial redemption, at par value on a pro-rata basis by series in the amounts and on the dates indicated below, of the Funds’ auction rate preferred securities (ARPS).* Each Fund previously redeemed 25% of its original outstanding ARPS and the Board of each Fund has authorized the redemption of up to an additional 25% of its original outstanding ARPS.

DMF is redeeming $10.7 million of its originally issued and outstanding $100 million of ARPS. To date, DMF has redeemed or called for redemption an aggregate of $35.7 million of its ARPS.

 

Series

     

Cusip#

      Total Shares

Redeemed

      Total Amount

Redeemed

      Redemption

Date

A       26201R201       214       $5,350,000       August 28, 2013 B       26201R300       214       $5,350,000       August 30, 2013  

DSM is redeeming $20.7 million of its originally issued and outstanding $186 million of ARPS. To date, DSM has redeemed or called for redemption an aggregate of $67.2 million of its ARPS.

 

Series

     

Cusip#

      Total Shares

Redeemed

      Total Amount

Redeemed

      Redemption

Date

A       26202F206       276       $6,900,000       August 27, 2013 B       26202F305       276       $6,900,000       August 29, 2013 C       26202F404       276       $6,900,000       August 26, 2013  

LEO is redeeming $30.5 million of its originally issued and outstanding $285 million of ARPS. To date, LEO has redeemed or called for redemption an aggregate of $101.75 million of its ARPS.

 

Series

     

Cusip#

      Total Shares

Redeemed

      Total Amount

Redeemed

      Redemption

Date

M       261932206       244       $6,100,000       August 27, 2013 T       261932305       244       $6,100,000       August 28, 2013 W       261932404       244       $6,100,000       August 29, 2013 TH       261932503       244       $6,100,000       August 30, 2013 F       261932602       244       $6,100,000       August 26, 2013  

Additional information relative to each Fund’s ARPS can be accessed at http://www.dreyfus.com/ars.

* Redemptions will be allocated among participating broker-dealers by The Depository Trust Company using a predetermined methodology, and each broker-dealer will allocate the redeemed shares to the underlying beneficial owners according to its own procedures.

For Press Inquiries:The Dreyfus CorporationPatrice M. Kozlowski(212) 922-6030orFor Other Inquiries:MBSC Securities CorporationThe National Marketing Desk200 Park AvenueNew York, New York 101661-800-334-6899

1 Year BNY Mellon Strategic Mun... Chart

1 Year BNY Mellon Strategic Mun... Chart

1 Month BNY Mellon Strategic Mun... Chart

1 Month BNY Mellon Strategic Mun... Chart

Your Recent History

Delayed Upgrade Clock