BNY Mellon Strategic Municipals, Inc. Announces Annual Meeting of Stockholders

TL;DR

<b>BNY Mellon Strategic Municipals, Inc. will hold its virtual Annual Meeting of Stockholders on June 12, 2024, to elect directors.</b>

AI Summary

BNY MELLON STRATEGIC MUNICIPALS, INC. (LEO) filed a Proxy Statement (DEF 14A) with the SEC on May 1, 2024. The Annual Meeting of Stockholders for BNY Mellon Strategic Municipals, Inc. will be held virtually on June 12, 2024. The meeting will focus on electing directors: two Class III Directors for three-year terms and one Class I Director for a one-year term. Stockholders of record as of April 10, 2024, are eligible to vote. Participation in the virtual meeting requires a control number from the proxy card, accessible via www.meetnow.global/MVKNMSH. The filing is a Definitive Proxy Statement (DEF 14A) filed on May 1, 2024.

Why It Matters

For investors and stakeholders tracking BNY MELLON STRATEGIC MUNICIPALS, INC., this filing contains several important signals. The election of directors is a critical governance function that impacts the strategic direction and oversight of the company. The virtual format for the meeting aims to increase accessibility for stockholders to participate in corporate governance.

Risk Assessment

Risk Level: low — BNY MELLON STRATEGIC MUNICIPALS, INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information, indicating a low level of immediate risk.

Analyst Insight

Stockholders should review the proxy materials to understand the director nominees and vote accordingly before the June 12, 2024 meeting.

Key Numbers

• 2 — Class III Directors (Number of Class III Directors to be elected for three-year terms.)
• 1 — Class I Director (Number of Class I Directors to be elected for a one-year term.)
• 2024-06-12 — Meeting Date (Date of the Annual Meeting of Stockholders.)
• 2024-04-10 — Record Date (Date to determine stock ownership for voting.)

Key Players & Entities

• BNY Mellon Strategic Municipals, Inc. (company) — Registrant and filer of the proxy statement.
• June 12, 2024 (date) — Date of the Annual Meeting of Stockholders.
• April 10, 2024 (date) — Record date for determining stockholders eligible to vote.
• 2129226400 (phone_number) — Business phone number for the company.
• Dreyfus Strategic Municipals, Inc. (company) — Former name of BNY Mellon Strategic Municipals, Inc.

FAQ

Risk Factors

• Compliance with SEC Regulations [low — regulatory]: The company must comply with SEC rules and regulations regarding proxy solicitations and annual meetings, as outlined in the Securities Exchange Act of 1934.

Industry Context

BNY Mellon Strategic Municipals, Inc. is a closed-end investment company. This filing pertains to its corporate governance and shareholder voting processes.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the procedures for participating in the virtual Annual Meeting.
3. Vote your shares by the deadline to ensure your voice is heard in director elections.

Key Dates

• 2024-06-12: Annual Meeting of Stockholders — Election of directors and transaction of other business.
• 2024-04-10: Record Date — Determines eligibility to vote at the Annual Meeting.
• 2024-05-01: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the annual meeting, indicating a routine governance event rather than a significant change from previous filings.

Key Financial Figures

• $0.001 — capital stock: Common Stock, par value $0.001 per share (the &quot;Common Stock&quot;
• $25,000 — 0.001 per share, liquidation preference $25,000 per share (&quot;VMTP Shares&quot;). A
• $8 billion — ey was responsible for the oversight of $8 billion in combined pension and 401(k) assets.
• $9,510 — aid to Nominee ( ** ) Joan L. Gulley $9,510 $349,500 (39) Burton N. Wallack $9,
• $349,500 — ominee ( ** ) Joan L. Gulley $9,510 $349,500 (39) Burton N. Wallack $9,510 $168,
• $168,000 — 9,500 (39) Burton N. Wallack $9,510 $168,000 (17) Benaree Pratt Wiley $9,510 $62
• $627,500 — 000 (17) Benaree Pratt Wiley $9,510 $627,500 (60) _____________ * Amounts shown
• $572 — ich, in 2023, amounted to approximately $572 paid by the Fund. ** Represents the n

Filing Documents

• lp1-853.htm (DEF 14A) — 208KB
• image_013.jpg (GRAPHIC) — 4KB
• image_013.gif (GRAPHIC) — 3KB
• image_014.gif (GRAPHIC) — 1KB
• image_014.jpg (GRAPHIC) — 2KB
• image_011.jpg (GRAPHIC) — 4KB
• image_011.gif (GRAPHIC) — 3KB
• image_012.gif (GRAPHIC) — 1KB
• image_012.jpg (GRAPHIC) — 2KB
• 0000818972-24-000001.txt (&nbsp;) — 240KB

From the Filing

DEF 14A 1 lp1-853.htm PROXY STATEMENT DEFA14A PROXY STATEMENT PURSUANT TO SECTION 14 (a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant[X] Filed by a Party other than the[_] Registrant Check the appropriate box: [_] Preliminary Proxy Statement [_] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [_] Soliciting Materials under Rule 14a-12 BNY Mellon Strategic Municipals, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: (4) Proposed maximum aggregate value of transaction: (5) Total Fee Paid: [_] Fee paid previously with preliminary materials. [_] Check box if any part of the fee is offset as provided by Exchange Act Rule 0- 11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration (3) Filing Party: (4) Date Filed: BNY MELLON STRATEGIC MUNICIPALS, INC. Notice of Annual Meeting of Stockholders To the Stockholders of BNY Mellon Strategic Municipals, Inc.: The Annual Meeting of Stockholders (the &quot;Meeting&quot;) of BNY Mellon Strategic Municipals, Inc. (the &quot;Fund&quot;) will be held over the Internet in a virtual meeting format only, on Wednesday, June 12, 2024 at 10:30 a.m. , Eastern time, for the following purposes: 1. To elect two Class III Directors to serve for three-year terms and until their respective successors are duly elected and qualified. 2. To elect one Class I Director to serve for a one-year term and until their successor is duly elected and qualified. 3. To transact such other business as may properly come before the Meeting, or any adjournments or postponements thereof. The Meeting will be held in a virtual meeting format only. You will not be able to attend the Meeting in person, but you may participate over the Internet as described below. However, if it is determined that the Meeting will be held in person, we will make an announcement in the manner noted below. Stockholders of record at the close of business on April 10, 2024 will be entitled to receive notice of and to vote at the Meeting. To participate in the Meeting, you must go to the Meeting website at www.meetnow.global/MVKNMSH and enter the control number found on your proxy card. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Meeting virtually. To register you must submit proof of your proxy power (legal proxy provided by your intermediary) reflecting your Fund holdings along with your name and email address to Computershare Fund Services, the Fund's tabulator. You may forward an email from your intermediary or attach an image of your legal proxy to shareholdermeetings@computershare.com. Requests for registration should be received no later than 5:00 p.m., Eastern Time, on Wednesday, June 5, 2024. You will receive a confirmation email from Computershare of your registration and a control number that will allow you to vote at the Meeting. For requests received after 5:00 p.m., Eastern Time, on Wednesday, June 5, 2024, Computershare will attempt to register you, but may be unable to do so prior to the Meeting. Questions from stockholders to be considered at the Meeting must be submitted to BNY Mellon Investment Management at 1-800-334-6899 or instsales@bnymellon.com no later than 5:00 p.m., Eastern Time, on Wednesday, June 5, 2024. Only questions that are pertinent, as determined by the chairperson of the Meeting, will be answered during the Meeting, subject to time constraints. Whether or not you plan to attend the Meeting virtually, we urge you to vote and submit your proxy in advance of the Meeting by one of the methods described in the proxy materials for the Meeting. PLEASE NOTE: If it is determined that the Meeting will be held in person, instead of virtually, an announcement of the change will be provided by means of a press release, which will be posted on our website https://im.bnymellon.com/closed-end-funds. We encourage you to check the website prior to the Meeting. An announcement of any change will also be filed with the Securities and Exchange Commission via its EDGAR system. By Order of the Board /s/ Sarah S. Kelleher Sarah S. Kelleher Secretary New York, New York May 1, 2024 WE NEED YOUR PROXY VOTE A STOCKHOLDER MAY

View Full Filing

View this DEF 14A filing on SEC EDGAR