Director Bradley J Skapyak purchases 1,894 shares of BNY MELLON STRATEGIC MUNICIPAL BOND FUND at $6.09; initial position
Bradley J Skapyak, a Director, purchased 1,894 shares of DSM at $6.09 on 2026-06-08 for a total value of $11,534.46, establishing an initial position where he held zero shares prior to this transaction. The purchase price of $6.09 is slightly below the current price of $6.13 and well within the 52-week range of $5.44–$6.30, with the stock trading 2.7% below its 52-week high. As a small-dollar purchase in an illiquid municipal bond fund by a Director with no prior holdings, this transaction alone carries minimal signal weight; the modest position size and entry into a first position provide limited basis for inferring broader conviction or portfolio strategy.