Dreyfus Strategic Municipal Bond Fund : NYSE:DSM) Declares Dividend
January 29, 2015 at 04:13 pm EST
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Thursday, January 29, 2015 the Board of Directors of Dreyfus Strategic
Municipal Bond Fund, Inc. (NYSE:DSM) declared from net investment income
a monthly cash dividend of $0.0415 per share of common stock, payable on
February 27, 2015, to shareholders of record at the close of business on
February 12, 2015. The ex-dividend date is February 10, 2015. The
previous dividend declared in December was $0.0415 per share of common
stock.
BNY Mellon Strategic Municipal Bond Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The Fund ordinarily invests all of its net assets in municipal obligations that provide income exempt from federal personal income tax, and has adopted a fundamental investment policy to invest, under normal market conditions, at least 80% of its net assets in municipal obligations. The Fund may purchase floating and variable rate obligations, municipal derivatives, such as custodial receipt programs created by financial intermediaries, tender option bonds, and participations in municipal obligations. The Fund invests in various industries, including transportation, education, medical, airport, water, power, utilities and multifamily housing. The Fund's investment adviser is BNY Mellon Investment Adviser, Inc.