Dreyfus Municipal Income, Inc. : Semi-Annual Report Now Available
May 25, 2017 at 01:20 pm EDT
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The semi-annual report for Dreyfus Municipal Income, Inc. (NYSE MKT:
DMF) for the six-month period ended March 31, 2017 has been filed with
the Securities and Exchange Commission on Form N-CSR. A hard copy of the
report is mailed to shareholders of record and a copy of the report is
also available in the Closed-End Funds section of im.bnymellon.com and
can be accessed: https://im.bnymellon.com/us/en/individual/products/closed-end-funds.jsp.
Upon request, shareholders may also obtain a hard copy of the report
free of charge by calling 1-800-334-6899.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170525005850/en/
BNY Mellon Municipal Income, Inc. (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of the value of its net assets in municipal obligations and invests in municipal obligations which, at the time of purchase, are rated investment grade or the unrated equivalent as determined by advisor in the case of bonds, and rated in the two highest rating categories or the unrated equivalent as determined by advisor. The Fund may invest more than 25% of the value of its total assets in industrial development bonds which, although issued by industrial development authorities, may be backed only by the assets and revenues of the non-governmental users. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor.