LEO (BNY Mellon Strategic Municipals,) 3-Year Book Growth Rate: 1.30% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEO BNY Mellon Strategic Municipals, Inc. LEO
28 GF Score
Price $5.80
GF Value $9.16
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is BNY Mellon Strategic Municipals, 3-Year Book Growth Rate?

BNY Mellon Strategic Municipals, LEO -1.02% 28 3-Year Book Growth Rate is 1.30% as of Mar. 2026. GuruFocus rates LEO with a GF Score™ of 28/100 and a GF Value™ of $9.16 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,520 Asset Management companies, BNY Mellon Strategic Municipals, ranks worse than 53.68% on this metric.

BNY Mellon Strategic Municipals,'s Book Value per Share for the quarter that ended in Mar. 2026 was $6.74.

During the past 12 months, BNY Mellon Strategic Municipals,'s average Book Value per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was -4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of BNY Mellon Strategic Municipals, was 1.70% per year. The lowest was -9.00% per year. And the median was -3.45% per year.


BNY Mellon Strategic Municipals,  (NYSE:LEO) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


BNY Mellon Strategic Municipals, 3-Year Book Growth Rate Related Terms


LEO vs SOR, AEF, CCAP: 3-Year Book Growth Rate Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'s 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BNY Mellon Strategic Municipals, 3-Year Book Growth Rate vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s 3-Year Book Growth Rate falls into.


LEO
28GF Score
BNY Mellon Strategic Municipals, Inc. LEO
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNY Mellon Strategic Municipals, 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 1.30% mean?
BNY Mellon Strategic Municipals, (LEO) has a 3-Year Book Growth Rate of 1.30% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for BNY Mellon Strategic Municipals, and its competitors. According to the industry distribution chart, BNY Mellon Strategic Municipals, ranks #816 out of 1520 companies in the Asset Management industry, placing it in the top 53.7%.
Is BNY Mellon Strategic Municipals,'s 3-Year Book Growth Rate too high?
BNY Mellon Strategic Municipals,'s current 3-Year Book Growth Rate is 1.30%. The Asset Management industry median 3-Year Book Growth Rate is 2.00. BNY Mellon Strategic Municipals,'s value of 1.30% is 35% below this industry median. Based on the distribution chart, BNY Mellon Strategic Municipals, ranks #816 out of 1520 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s 3-Year Book Growth Rate compare to SOR and AEF?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipals, ranks #816 out of 1520 companies for 3-Year Book Growth Rate. This places BNY Mellon Strategic Municipals, in the lower half of its industry. The industry median 3-Year Book Growth Rate is 2.00. BNY Mellon Strategic Municipals,'s value of 1.30% is 35% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Asset Management company?
The median 3-Year Book Growth Rate among Asset Management companies is 2.00, based on 1,520 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon Strategic Municipals,'s current 3-Year Book Growth Rate of 1.30% is 35% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for BNY Mellon Strategic Municipals, and its competitors. For the Asset Management industry, the median 3-Year Book Growth Rate is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon Strategic Municipals,'s current 3-Year Book Growth Rate is 1.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
Based on GuruFocus' analysis, BNY Mellon Strategic Municipals, (LEO) is currently considered Possible Value Trap. The stock's GF Value™ is $9.16, compared to a current price of $5.80 — trading 36.7% below its estimated fair value. The current 3-Year Book Growth Rate is 1.30% and 35% below the Asset Management industry median of 2.00. BNY Mellon Strategic Municipals,'s overall GF Score™ is 28/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For BNY Mellon Strategic Municipals, (LEO), the current 3-Year Book Growth Rate is 1.30% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BNY Mellon Strategic Municipals, (LEO) Overvalued in 2026?

Based on GuruFocus' analysis, BNY Mellon Strategic Municipals, stock appears to be undervalued. The current stock price of $5.80 is trading 36.7% below its estimated GF Value™ of $9.16. GuruFocus considers BNY Mellon Strategic Municipals, to be Possible Value Trap.

Key valuation signals for LEO:

  • 3-Year Book Growth Rate: 1.30%
  • GF Value™: $9.16 vs. price of $5.80 (36.7% below fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 35% below the Asset Management median (#816 of 1520)

No single metric tells the full story. See the LEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BNY Mellon Strategic Municipals, Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
28GF Score

Get the complete analysis for LEO

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.80
Price
$9.16
GF Value