Saba Capital Management, L.P. filed a Form 4 on October 27, 2026, disclosing a purchase of common stock in BNY Mellon Strategic Municipal Bond Fund, Inc. on October 26, 2026.

Key Highlights

  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of BNY Mellon Strategic Municipal Bond Fund, Inc.
  • Transaction: Purchase (code P) of 20,616 shares of common stock on October 26, 2026, at a price of $5.4 per share.
  • Beneficial ownership after transaction: 5,456,689 shares held indirectly following the reported purchase.
  • Indirect ownership: The filing states the securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager.
  • General partner: Boaz R. Weinstein serves as managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P., according to the filing.

Saba Capital Management Adds to Position in BNY Mellon Strategic Municipal Bond Fund

According to the Form 4 filed with the SEC on October 27, 2026, Saba Capital Management, L.P. reported the acquisition of 20,616 shares of common stock in BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM). The transaction, coded as a purchase (P), took place on October 26, 2026, at a price of $5.4 per share. Saba Capital Management is identified in the filing as a 10% owner of the issuer.

Following the reported transaction, Saba Capital Management, L.P. beneficially owned 5,456,689 shares of DSM common stock on an indirect basis. The filing explains that "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." The general partner of Saba Capital Management, L.P. is Saba Capital Management GP, LLC, whose managing member is identified as Boaz R. Weinstein.

The Form 4 was signed by Maria Piccolino on behalf of Saba Capital Management, L.P. and also bears the name of Boaz Weinstein, both dated October 27, 2026. No derivative securities transactions were reported in this filing.

What Was Disclosed

Saba Capital Management, L.P. disclosed a direct purchase of 20,616 common shares of BNY Mellon Strategic Municipal Bond Fund, Inc. at $5.4 per share on October 26, 2026, bringing its total indirect beneficial ownership to 5,456,689 shares.