Saba Capital Management, L.P. filed a Form 4 on October 29, 2026, disclosing a purchase of common stock in BNY Mellon Strategic Municipal Bond Fund, Inc. on October 28, 2026.

Key Highlights

  • Purchase transaction: Saba Capital Management, L.P. acquired 1,992 shares of common stock on October 28, 2026.
  • Price per share: The shares were acquired at $5.43 each, according to the filing.
  • Total beneficial ownership: Following the transaction, Saba Capital reported indirect beneficial ownership of 5,472,376 shares.
  • Ownership role: Saba Capital Management, L.P. is identified as a 10% owner of the issuer.
  • Indirect ownership: The filing states the securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager.
  • General partner: Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital's October 28 Purchase in BNY Mellon Strategic Municipal Bond Fund

Saba Capital Management, L.P., a 10% owner of BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM), reported a purchase of 1,992 shares of the fund's common stock on October 28, 2026, at a price of $5.43 per share, according to the Form 4 filed with the SEC on October 29, 2026. The transaction code listed is "P," indicating an open-market purchase.

Following this reported transaction, Saba Capital Management, L.P. disclosed indirect beneficial ownership of 5,472,376 shares. The filing explains that "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." The general partner of Saba Capital Management, L.P. is Saba Capital Management GP, LLC, whose managing member is Boaz R. Weinstein. The form was signed by Maria Piccolino on behalf of Saba Capital Management, L.P., and also lists Boaz Weinstein, both dated October 29, 2026.

The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934. No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person, and no amendment date was listed, indicating this is an original filing.

What Was Disclosed

Saba Capital Management, L.P. disclosed a purchase of 1,992 common shares of NYSE:DSM on October 28, 2026, at $5.43 per share, bringing its total indirect beneficial ownership to 5,472,376 shares, held through funds and accounts it manages.