DSM (BNY Mellon Strategic Municipal Bond Fund,) Debt-to-Equity: 0.36 (As of Nov. 2025) — Near Median

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DSM BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
36 GF Score
Price $5.89
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What is BNY Mellon Strategic Municipal Bond Fund, Debt-to-Equity?

BNY Mellon Strategic Municipal Bond Fund, DSM -0.25% 36 Debt-to-Equity is 0.36 as of Nov. 2025, which is at its 10-year median of 0.36. GuruFocus rates DSM with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 961 Asset Management companies, BNY Mellon Strategic Municipal Bond Fund, ranks worse than 62.85% on this metric.

BNY Mellon Strategic Municipal Bond Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was $0.00 Mil. BNY Mellon Strategic Municipal Bond Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was $117.85 Mil. BNY Mellon Strategic Municipal Bond Fund,'s Total Stockholders Equity for the quarter that ended in Nov. 2025 was $323.80 Mil. BNY Mellon Strategic Municipal Bond Fund,'s debt to equity for the quarter that ended in Nov. 2025 was 0.36.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity or its related term are showing as below:

DSM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.36   Max: 0.4
Current: 0.36

During the past 9 years, the highest Debt-to-Equity Ratio of BNY Mellon Strategic Municipal Bond Fund, was 0.40. The lowest was 0.22. And the median was 0.36.

DSM's Debt-to-Equity is ranked worse than
62.85% of 961 companies
in the Asset Management industry
Industry Median: 0.21 vs DSM: 0.36

BNY Mellon Strategic Municipal Bond Fund,  (NYSE:DSM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


BNY Mellon Strategic Municipal Bond Fund, Debt-to-Equity Related Terms


BNY Mellon Strategic Municipal Bond Fund, Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BNY Mellon Strategic Municipal Bond Fund, Debt-to-Equity Chart

BNY Mellon Strategic Municipal Bond Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.30 0.31 0.36 0.37 0.36

BNY Mellon Strategic Municipal Bond Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.33 0.37 0.42 0.36

DSM vs FUND, HRZN, NCZ: Debt-to-Equity Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Municipal Bond Fund, Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity falls into.


DSM
36GF Score
BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon Strategic Municipal Bond Fund, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BNY Mellon Strategic Municipal Bond Fund,'s Debt to Equity Ratio for the fiscal year that ended in Nov. 2025 is calculated as

BNY Mellon Strategic Municipal Bond Fund,'s Debt to Equity Ratio for the quarter that ended in Nov. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.36 mean?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a Debt-to-Equity of 0.36 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon Strategic Municipal Bond Fund, and its competitors. This is near median its historical median of 0.36. Over the past decade, BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity has ranged from 0.22 to 0.40. According to the industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #604 out of 961 companies in the Asset Management industry, placing it in the top 62.9%.
Is BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity too high?
BNY Mellon Strategic Municipal Bond Fund,'s current Debt-to-Equity of 0.36 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.40. The Asset Management industry median Debt-to-Equity is 0.21. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.36 is 71.4% above this industry median. Based on the distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #604 out of 961 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon Strategic Municipal Bond Fund, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipal Bond Fund,'s Debt-to-Equity compare to FUND and HRZN?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #604 out of 961 companies for Debt-to-Equity. This places BNY Mellon Strategic Municipal Bond Fund, in the lower half of its industry. The industry median Debt-to-Equity is 0.21. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.36 is 71.4% above this benchmark. Historically, BNY Mellon Strategic Municipal Bond Fund,'s own Debt-to-Equity has ranged from 0.22 to 0.40 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.21, BNY Mellon Strategic Municipal Bond Fund, has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon Strategic Municipal Bond Fund,'s current Debt-to-Equity of 0.36 is 71.4% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon Strategic Municipal Bond Fund, and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon Strategic Municipal Bond Fund,'s current Debt-to-Equity is 0.36, which is near median its own 10-year median of 0.36. 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 Municipal Bond Fund, stock overvalued right now?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a current Debt-to-Equity of 0.36. The current Debt-to-Equity is 0.36, which is near median its 10-year median of 0.36 and 71.4% above the Asset Management industry median of 0.21. BNY Mellon Strategic Municipal Bond Fund,'s overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BNY Mellon Strategic Municipal Bond Fund, (DSM), the current Debt-to-Equity is 0.36 as of Nov. 2025. 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.

BNY Mellon Strategic Municipal Bond Fund, Business Description

Address C/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipal Bond Fund, Inc. is a diversified closed-end management investment company. Its investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
36GF Score

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