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LEO Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today

LEO
LEO
BNY Mellon Strategic Municipals Inc
At close Nov 5 at 3:25 PM ET (Korea 11/6 05:25)
$6.02
+0.06 ▲ +1.01%
Channel Down Resistance 5.78 Support 5.36 Holding Lines drawn by AI for reference. They may be wrong. Treat them as a hint, not a forecast.

Full metrics table

About this fund
BNY 멜론 스트래티직 뮤니시펄스LEO | NYSE | Bond fund

💰 A US municipal bond closed-end fund (CEF) sponsored by BNY Mellon; it is an income-oriented product that invests in municipal bonds exempt from federal income tax and utilizes leverage to pay monthly distributions, primarily sought by investors who prioritize after-tax income.

Good to know

It runs 36% of assets on borrowed money.

Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.

LEO fund at a glance as of Nov 4
Distribution rate ⓘ 6.16% monthly
Total Expense Ratio ⓘ 2.76% incl. 1.89% interest
AUM ⓘ $396M Assets Under Management
Leverage ⓘ 36%
Net asset value ⓘ $6.42
Inception 1987
Issuer BNY Mellon
Cheaper than its assets?

Against the value of what the fund holds it is 7.2% cheaper.

Its holdings are worth $6.42 per share, but it trades at $5.96. That is close to its past-year average (7.7% below value).

Market price $5.96
Net asset value ⓘ $6.42
Quote

Over the past 1 year, roughly in the middle

8% below its 1-year high.

1-Year Low$5.41 1-Year High$6.55
52-Wk Position54%
Volume ⓘ 188.0K

Traded about as much as usual. That is 80% of its average volume.

Upcoming events

Ex-dividend date: November 13

8 days to go. Buy before this date to receive the dividend.

Ex-dividend dateNovember 13
Dividend pay dateDecember 1
A
Overall · mostly strong
We judged 3 of the 3 questions below. 2 rate excellent and 1 need caution.
ETFs holding this stock 2 ETFs

Multiple ETFs hold this stock, but only a sliver

Buying this ETF gives you exposure to this stock as well.

Peer comparison Closed-End Fund - Debt

It ranks #744 of 1436 in the industry

Based on market cap of $375M.

FAQ

FAQ

What kind of CEF is LEO?

LEO is a closed-end fund (CEF).

What is the distribution yield of LEO?

LEO's distribution yield is approximately 5.37%, paid out on a regular basis.

What is the 52-week high and low for LEO?

LEO has recorded a 52-week high of $6.55 and a low of $5.41.

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