BNY Mellon Strategic Municipals, Inc.

Reporting person: BNY Mellon Strategic Municipals, Inc. (Board of Directors)(group)

Saba Capital challenges BNY Mellon Strategic Municipals board seat

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested annual

What's being contested

Board seats

IssuerBNY Mellon Strategic Municipals, Inc.

Issuer solicitor—

Reporting personBNY Mellon Strategic Municipals, Inc. (Board of Directors) (group)

Dissident solicitor—

Stake—

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Primary demands

reject activist hedge fund director nominee
maintain current board composition

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

BNY Mellon Strategic Municipals, Inc. is holding an annual meeting of shareholders where an activist hedge fund managed by Saba Capital Master Fund, Ltd. has nominated an individual for election to the board. The Fund's board is unanimously opposed to this nomination and is soliciting shareholder votes against it. This is a contested proxy solicitation where shareholders must choose between the management slate and the activist nominee.

Item id: d3496e22-5de4-44fa-95eb-f066df0e0983 · ingested Apr 24, 2026