BNY Mellon Investment Adviser, Inc. announced that, at a special meeting of stockholders of BNY Mellon Municipal Income, Inc. (the “Fund”), a registered closed-end fund, stockholders approved the reorganization of the Fund with and into BNY Mellon AMT-Free Municipal Bond Fund (the “Acquiring Fund”), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund. The Fund’s shares of common stock are listed on the New York Stock Exchange (“NYSE”) under the symbol “DMF.” It is currently expected that the Fund’s shares of common stock will stop trading on, and will be delisted from, the NYSE on or about June 18, 2025, and the reorganization of the Fund will occur on or about June 20, 2025, subject to the satisfaction of certain closing conditions.
In addition, as previously announced, the Fund’s dividend reinvestment plan (the “DRP”) will terminate effective June 6, 2025, pursuant to and in accordance with the terms of the DRP. As a result, the DRP will not be available for distributions by the Fund after June 6, 2025.
