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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) FCF Yield % : 14.53 (As of Apr. 29, 2024)


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What is BNY Mellon Strategic Municipals, FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BNY Mellon Strategic Municipals,'s Trailing 12-Month Free Cash Flow is $53.17 Mil, and Market Cap is $365.96 Mil. Therefore, BNY Mellon Strategic Municipals,'s FCF Yield % for today is 14.53%.

The historical rank and industry rank for BNY Mellon Strategic Municipals,'s FCF Yield % or its related term are showing as below:

LEO' s FCF Yield % Range Over the Past 10 Years
Min: 5.27   Med: 10.35   Max: 23.4
Current: 14.53


During the past 7 years, the highest FCF Yield % of BNY Mellon Strategic Municipals, was 23.40%. The lowest was 5.27%. And the median was 10.35%.

LEO's FCF Yield % is ranked better than
83.19% of 1594 companies
in the Asset Management industry
Industry Median: 3.21 vs LEO: 14.53

BNY Mellon Strategic Municipals,'s FCF Margin % for the quarter that ended in Sep. 2023 was -58.24%.


BNY Mellon Strategic Municipals, FCF Yield % Historical Data

The historical data trend for BNY Mellon Strategic Municipals,'s FCF Yield % 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.

* Premium members only.

BNY Mellon Strategic Municipals, FCF Yield % Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
FCF Yield %
Get a 7-Day Free Trial 5.90 5.95 9.69 11.93 16.01

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.10 12.43 9.16 18.63 10.21

Competitive Comparison of BNY Mellon Strategic Municipals,'s FCF Yield %

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'s FCF Yield %, along with its competitors' market caps and FCF Yield % 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,'s FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s FCF Yield % distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s FCF Yield % falls into.



BNY Mellon Strategic Municipals, FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BNY Mellon Strategic Municipals,'s FCF Yield % for the fiscal year that ended in Sep. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=53.166 / 332.010497
=16.01%

BNY Mellon Strategic Municipals,'s annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=16.956 * 2 / 332.010497
=10.21%

* 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, FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


BNY Mellon Strategic Municipals, FCF Yield % Related Terms

Thank you for viewing the detailed overview of BNY Mellon Strategic Municipals,'s FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Business Description

Traded in Other Exchanges
N/A
Address
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 are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others.
Executives
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John P Shea other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
David Dipetrillo officer: Vice President C/O THE DREYFUS CORPORATION, 240 GREENWICH STREET, NEW YORK NY 10286
Mark D Woods other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286

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