M&A - BNY MELLON MUNICIPAL INCOME, INC.

Form Type: 425

Filing Date: 2025-06-02

Corporate Action: Merger

Type: New

Accession Number: 000083912225000001

Filing Summary: On June 2, 2025, BNY Mellon Investment Adviser, Inc. announced the results of a special stockholder meeting regarding the reorganization of BNY Mellon Municipal Income, Inc. into a BNY Mellon Municipal open-end fund, specifically the BNY Mellon AMT-Free Municipal Bond Fund. The reorganization was approved by the stockholders following a non-binding proposal for the Board of Directors to allow stockholders to monetize their shares at or near net asset value. Shares of BNY Mellon Municipal Income, Inc., listed under the symbol 'DMF' on the NYSE, are expected to stop trading and be delisted around June 18, 2025, with the reorganization anticipated to occur around June 20, 2025, subject to certain closing conditions. Additionally, the Fund's dividend reinvestment plan will terminate effective June 6, 2025, and will not be available for distributions following that date.