BNY Mellon Strategic Municipals Inc Net Assets
BNY Mellon Strategic Municipals Inc net assets. Based on the latest financial reports, BNY Mellon Strategic Municipals Inc (LEO) has net assets worth $419.62 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($648.02 Million) and total liabilities ($228.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore LEO net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $419.62 Million |
| % of Total Assets | 64.75% |
| Annual Growth Rate | -0.32% |
| 5-Year Change | -31.85% |
| 10-Year Change | -40.15% |
| Growth Volatility | 11.28 |
Net Assets of BNY Mellon Strategic Municipals Inc (1989–2025)
Net assets of BNY Mellon Strategic Municipals Inc from 1989 to 2025. This chart illustrates how BNY Mellon Strategic Municipals Inc's net assets have evolved over time, based on quarterly financial data. See LEO net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for BNY Mellon Strategic Municipals Inc (1989–2025)
The table below shows the annual net assets of BNY Mellon Strategic Municipals Inc from 1989 to 2025. For live market cap and overall valuation, see BNY Mellon Strategic Municipals Inc (LEO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $423.37 Million | -6.27% |
| 2024-09-30 | $451.67 Million | +15.12% |
| 2023-09-30 | $392.36 Million | -19.37% |
| 2022-09-30 | $486.59 Million | -21.67% |
| 2021-09-30 | $621.24 Million | +3.61% |
| 2020-09-30 | $599.58 Million | -3.11% |
| 2019-09-30 | $618.83 Million | +4.22% |
| 2018-09-30 | $593.78 Million | -12.48% |
| 2017-09-30 | $678.46 Million | -4.09% |
| 2016-09-30 | $707.41 Million | +3.48% |
| 2015-09-30 | $683.59 Million | -0.15% |
| 2014-09-30 | $684.60 Million | +0.30% |
| 2013-09-30 | $682.56 Million | -13.35% |
| 2012-09-30 | $787.70 Million | +8.02% |
| 2011-09-30 | $729.20 Million | -4.59% |
| 2010-09-30 | $764.30 Million | -4.44% |
| 2009-09-30 | $799.80 Million | +4.74% |
| 2008-09-30 | $763.60 Million | -8.94% |
| 2007-09-30 | $838.60 Million | -2.31% |
| 2006-09-30 | $858.40 Million | +0.61% |
| 2005-09-30 | $853.20 Million | +1.43% |
| 2004-09-30 | $841.20 Million | +0.78% |
| 2003-09-30 | $834.70 Million | -0.61% |
| 2002-09-30 | $839.80 Million | -1.29% |
| 2001-09-30 | $850.80 Million | +2.03% |
| 2000-09-30 | $833.90 Million | +51.40% |
| 1999-09-30 | $550.80 Million | -7.54% |
| 1998-09-30 | $595.70 Million | +3.21% |
| 1997-09-30 | $577.20 Million | +3.05% |
| 1996-09-30 | $560.10 Million | +0.04% |
| 1995-09-30 | $559.90 Million | +3.47% |
| 1994-09-30 | $541.10 Million | -4.33% |
| 1993-09-30 | $565.60 Million | +6.10% |
| 1992-09-30 | $533.10 Million | +4.51% |
| 1991-09-30 | $510.10 Million | +5.70% |
| 1990-09-30 | $482.60 Million | +1.69% |
| 1989-09-30 | $474.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BNY Mellon Strategic Municipals Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6968061800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
BNY Mellon Strategic Municipals Inc Net Assets Breakdown (September 2025)
BNY Mellon Strategic Municipals Inc net assets breakdown by equity component as of September 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $62.29K | 0.01% |
| Other Components | $492.99 Million | 116.44% |
| Total Equity | $423.37 Million | 100.00% |
BNY Mellon Strategic Municipals Inc Competitors by Market Cap
The table below lists competitors of BNY Mellon Strategic Municipals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WEIHAI CITY COMM.BK H 1
F:8K0
|
$375.07 Million |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
$375.07 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$375.25 Million |
|
Attica Holdings S.A.
AT:ATTICA
|
$375.26 Million |
|
Jinling Hotel Corp Ltd
SHG:601007
|
$374.95 Million |
|
Genie Energy Ltd
NYSE:GNE
|
$374.93 Million |
|
Nanjing Medlander Medical Technology Co. Ltd. A
SHG:688273
|
$374.90 Million |
|
BP p.l.c
LSE:BP-B
|
$374.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BNY Mellon Strategic Municipals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 451,670,584 to 423,372,871, a change of -28,297,713 (-6.3%).
- Net loss of 13,098,745 reduced equity.
- Dividend payments of 14,949,804 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.10 Million | -3.09% |
| Dividends Paid | $14.95 Million | -3.53% |
| Other Changes | $-249.16K | -0.06% |
| Total Change | $- | -6.27% |
Book Value vs Market Value Analysis
This analysis compares BNY Mellon Strategic Municipals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.60x to 0.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-09-30 | $9.97 | $6.02 | x |
| 1990-09-30 | $9.79 | $6.02 | x |
| 1991-09-30 | $9.96 | $6.02 | x |
| 1992-09-30 | $10.10 | $6.02 | x |
| 1993-09-30 | $10.43 | $6.02 | x |
| 1994-09-30 | $9.73 | $6.02 | x |
| 1995-09-30 | $9.96 | $6.02 | x |
| 1996-09-30 | $9.88 | $6.02 | x |
| 1997-09-30 | $10.02 | $6.02 | x |
| 1998-09-30 | $10.22 | $6.02 | x |
| 1999-09-30 | $9.41 | $6.02 | x |
| 2000-09-30 | $14.24 | $6.02 | x |
| 2001-09-30 | $14.53 | $6.02 | x |
| 2002-09-30 | $14.18 | $6.02 | x |
| 2003-09-30 | $13.87 | $6.02 | x |
| 2004-09-30 | $13.88 | $6.02 | x |
| 2005-09-30 | $14.08 | $6.02 | x |
| 2006-09-30 | $14.17 | $6.02 | x |
| 2007-09-30 | $13.81 | $6.02 | x |
| 2008-09-30 | $12.57 | $6.02 | x |
| 2009-09-30 | $13.16 | $6.02 | x |
| 2010-09-30 | $12.51 | $6.02 | x |
| 2011-09-30 | $11.90 | $6.02 | x |
| 2012-09-30 | $12.77 | $6.02 | x |
| 2013-09-30 | $11.04 | $6.02 | x |
| 2014-09-30 | $11.07 | $6.02 | x |
| 2015-09-30 | $11.05 | $6.02 | x |
| 2016-09-30 | $11.42 | $6.02 | x |
| 2017-09-30 | $11.30 | $6.02 | x |
| 2018-09-30 | $9.46 | $6.02 | x |
| 2019-09-30 | $9.95 | $6.02 | x |
| 2020-09-30 | $9.64 | $6.02 | x |
| 2021-09-30 | $9.98 | $6.02 | x |
| 2022-09-30 | $7.81 | $6.02 | x |
| 2023-09-30 | $6.30 | $6.02 | x |
| 2024-09-30 | $7.25 | $6.02 | x |
| 2025-09-30 | $6.80 | $6.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BNY Mellon Strategic Municipals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 1.53x
- Recent ROE (-3.09%) is below the historical average (4.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 9.81% | 114.18% | 0.09x | 1.00x | $-920.00K |
| 1990 | 6.35% | 72.48% | 0.09x | 1.00x | $-17.59 Million |
| 1991 | 10.45% | 122.01% | 0.09x | 1.00x | $2.27 Million |
| 1992 | 8.83% | 107.17% | 0.08x | 1.00x | $-6.25 Million |
| 1993 | 10.04% | 125.78% | 0.08x | 1.00x | $240.00K |
| 1994 | 0.30% | 3.64% | 0.08x | 1.00x | $-52.48 Million |
| 1995 | 9.47% | 119.09% | 0.08x | 1.00x | $-2.97 Million |
| 1996 | 5.94% | 76.71% | 0.08x | 1.00x | $-22.74 Million |
| 1997 | 8.08% | 110.01% | 0.07x | 1.03x | $-11.11 Million |
| 1998 | 8.12% | 124.57% | 0.07x | 1.00x | $-11.20 Million |
| 1999 | -2.51% | -36.84% | 0.07x | 1.00x | $-68.93 Million |
| 2000 | 5.11% | 87.69% | 0.06x | 1.01x | $-40.79 Million |
| 2001 | 6.96% | 105.84% | 0.07x | 1.00x | $-25.84 Million |
| 2002 | 3.16% | 47.82% | 0.07x | 1.01x | $-57.45 Million |
| 2003 | 4.02% | 66.73% | 0.06x | 1.01x | $-49.93 Million |
| 2004 | 5.42% | 99.17% | 0.05x | 1.01x | $-38.53 Million |
| 2005 | 6.15% | 112.34% | 0.05x | 1.00x | $-32.88 Million |
| 2006 | 5.31% | 94.60% | 0.05x | 1.06x | $-40.28 Million |
| 2007 | 2.36% | 39.27% | 0.06x | 1.05x | $-64.07 Million |
| 2008 | -4.55% | -71.10% | 0.06x | 1.03x | $-111.09 Million |
| 2009 | 8.81% | 150.20% | 0.06x | 1.00x | $-9.49 Million |
| 2010 | 6.14% | 106.30% | 0.05x | 1.08x | $-29.50 Million |
| 2011 | 3.05% | 51.82% | 0.05x | 1.11x | $-50.70 Million |
| 2012 | 11.64% | 217.80% | 0.05x | 1.10x | $12.90 Million |
| 2013 | -5.84% | -100.27% | 0.05x | 1.21x | $-108.13 Million |
| 2014 | 11.56% | 198.81% | 0.05x | 1.22x | $10.70 Million |
| 2015 | 4.63% | 79.01% | 0.05x | 1.22x | $-36.71 Million |
| 2016 | 5.53% | 88.02% | 0.05x | 1.21x | $-31.64 Million |
| 2017 | 0.53% | 96.46% | 0.00x | 1.22x | $-64.24 Million |
| 2018 | 0.88% | 97.28% | 0.01x | 1.39x | $-54.15 Million |
| 2019 | 8.61% | 100.07% | 0.06x | 1.40x | $-8.62 Million |
| 2020 | 1.33% | 100.80% | 0.01x | 1.37x | $-52.01 Million |
| 2021 | 7.61% | 100.02% | 0.06x | 1.32x | $-14.82 Million |
| 2022 | -22.86% | 0.00% | -0.17x | 1.37x | $-159.92 Million |
| 2023 | 1.31% | 99.29% | 0.01x | 1.59x | $-34.11 Million |
| 2024 | 16.28% | 100.07% | 0.11x | 1.50x | $28.35 Million |
| 2025 | -3.09% | 0.00% | -0.01x | 1.53x | $-55.44 Million |
Industry Comparison
This section compares BNY Mellon Strategic Municipals Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $606,357,977
- Average return on equity (ROE) among peers: -27.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BNY Mellon Strategic Municipals Inc (LEO) | $419.62 Million | 9.81% | 0.54x | $374.99 Million |
| Acadian Asset Management Inc (AAMI) | $170.50 Million | 74.13% | 6.59x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.63 Billion | 10.97% | 0.00x | $3.21 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $302.50 Million | 9.63% | 0.14x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $175.57 Million | -11.78% | 0.57x | $71.91 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $267.43 Million |
| Amber International Holding Limited (AMBR) | $13.39 Million | -296.55% | 9.91x | $159.70 Million |
| Affiliated Managers Group, Inc. (AMG) | $1.85 Billion | 3.21% | 0.83x | $9.63 Billion |
About BNY Mellon Strategic Municipals Inc
BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was former… Read more