LEO (BNY Mellon Strategic Municipals,) Shares Outstanding (Basic Average): 65.21 Mil (As of Mar. 2026)


LEO BNY Mellon Strategic Municipals, Inc. LEO
30 GF Score
Price $6.45
! 6 Warning Signs
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What is BNY Mellon Strategic Municipals, Shares Outstanding (Basic Average)?

BNY Mellon Strategic Municipals, LEO +0.16% 30 Shares Outstanding (Basic Average) is 65.21 Mil as of Mar. 2026. GuruFocus rates LEO with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BNY Mellon Strategic Municipals,'s average basic shares outstanding for the quarter that ended in Mar. 2026 was 65.21 Mil.

BNY Mellon Strategic Municipals,  (NYSE:LEO) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

BNY Mellon Strategic Municipals, Shares Outstanding (Basic Average) Related Terms

BNY Mellon Strategic Municipals, Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipals,'s Shares Outstanding (Basic Average) 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 Municipals, Shares Outstanding (Basic Average) Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 62.12 62.59 44.99 62.30 62.38

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) 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 Premium Member Only 62.29 62.29 62.24 62.51 65.21
LEO
30GF Score
BNY Mellon Strategic Municipals, Inc. LEO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon Strategic Municipals, Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 65.21 Mil mean?
BNY Mellon Strategic Municipals, (LEO) has a Shares Outstanding (Basic Average) of 65.21 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BNY Mellon Strategic Municipals, and its competitors.
Is BNY Mellon Strategic Municipals,'s Shares Outstanding (Basic Average) too high?
BNY Mellon Strategic Municipals,'s current Shares Outstanding (Basic Average) is 65.21 Mil. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s Shares Outstanding (Basic Average) compare to VKI and AEF?
BNY Mellon Strategic Municipals,'s Shares Outstanding (Basic Average) of 65.21 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BNY Mellon Strategic Municipals, and its competitors. BNY Mellon Strategic Municipals,'s current Shares Outstanding (Basic Average) is 65.21 Mil. 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?
BNY Mellon Strategic Municipals, (LEO) has a current Shares Outstanding (Basic Average) of 65.21 Mil. The current Shares Outstanding (Basic Average) is 65.21 Mil. BNY Mellon Strategic Municipals,'s overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For BNY Mellon Strategic Municipals, (LEO), the current Shares Outstanding (Basic Average) is 65.21 Mil 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.

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.
30GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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