(DSM) BNY Mellon Strategic - Overview
Fund: Municipal Bonds, Tax-Exempt Debt, Investment Grade, Fixed Income
Dividends
| Dividend Yield | 4.40% |
| Yield on Cost 5y | 4.41% |
| Yield CAGR 5y | -8.62% |
| Payout Consistency | 91.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 10.9% |
| Relative Tail Risk | -2.89% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.45 |
| Alpha | 3.15 |
| Character TTM | |
|---|---|
| Beta | 0.190 |
| Beta Downside | 0.304 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.56% |
| CAGR/Max DD | 0.26 |
Description: DSM BNY Mellon Strategic January 06, 2026
The BNY Mellon Strategic Municipal Bond Fund Inc (NYSE: DSM) is a U.S.-based high-yield municipal bond fund that seeks to generate income by investing primarily in lower-rated, higher-coupon state and local government securities.
As of the most recent quarter, the fund’s weighted-average maturity is roughly 7 years, giving it a moderate interest-rate sensitivity (effective duration ≈ 4.5). Its yield-to-worst hovers near 5.2 %, reflecting the elevated credit spreads typical of high-yield muni issues. The portfolio is heavily weighted toward issuers in Texas and California, making state fiscal health and regional economic growth key drivers of performance.
For a deeper, data-rich look at DSM’s risk-adjusted returns and how it fits within broader muni market trends, you might explore the analytics available on ValueRay.
What is the price of DSM shares?
Over the past week, the price has changed by +0.32%, over one month by +2.35%, over three months by +5.74% and over the past year by +9.07%.
Is DSM a buy, sell or hold?
What are the forecasts/targets for the DSM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.8 | 9.3% |
DSM Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 324.7m USD (324.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 324.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 324.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.61% (E(324.7m)/V(324.7m) * Re(6.61%) + (debt-free company))
Discount Rate = 6.61% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)