0000839122-24-000006.txt : 20240515 0000839122-24-000006.hdr.sgml : 20240515 20240515133347 ACCESSION NUMBER: 0000839122-24-000006 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240515 DATE AS OF CHANGE: 20240515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNY MELLON MUNICIPAL INCOME, INC. CENTRAL INDEX KEY: 0000839122 ORGANIZATION NAME: IRS NUMBER: 133482429 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05652 FILM NUMBER: 24949073 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS MUNICIPAL INCOME, INC. DATE OF NAME CHANGE: 20181030 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS MUNICIPAL INCOME INC DATE OF NAME CHANGE: 19920703 DEFA14A 1 lp1.htm ADDITIONAL PROXY MATERIALS

DEFA 14A

SCHEDULE 14A

(RULE 14A-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES

EXCHANGE ACT OF 1934 (AMENDMENT NO. ____)

 

Filed by the Registrant [X]

Filed by a Party other than the [_]

Registrant

 

Check the appropriate box:

[ ]       Preliminary Proxy Statement

[_]       Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[_]       Definitive Proxy Statement

[x]       Definitive Additional Materials

[_]       Soliciting Materials under Rule 14a-12

 

BNY Mellon Municipal Income Fund, Inc.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (check the appropriate box):

[X]       No fee required.

[_]       Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1)       Title of each class of securities to which transaction applies: _______

(2)       Aggregate number of securities to which transaction applies: _______

(3)       Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: ___

(4)       Proposed maximum aggregate value of transaction: _______

(5)       Total Fee Paid: _______

[_]        Fee paid previously with preliminary materials.

[_]Check box if any part of the fee is offset as provided by Exchange Act Rule 0- 11(a)(2) and identify the filing for which the offsetting fee was paid previously.

 

Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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(4)       Date Filed: _______

 

 

 

 

 

BNY Mellon Municipal Income, Inc. (NYSE: DMF)

 

PROTECT YOUR LONG-TERM INVESTMENT
VOTE ON THE WHITE PROXY CARD FOR THE BOARD-APPROVED PROPOSALS

 

Ahead of the Annual Meeting on June 12, 2024, at 11:00 a.m. ET, we are asking all DMF stockholders to make your voices heard and help us safeguard your long-term investment. We will NOT let Saba Capital and Bulldog Investors, two known activist hedge funds, take steps that may imperil the Fund’s ability to meet its investment objective and generate consistent income for you.
___________________________________________________________________________

  On the WHITE proxy card, you will see two proposals. Your Board recommends voting:

✓FOR your qualified, elected Board members

 X AGAINST the Board declassification proposal

IMPORTANT: PLEASE DISCARD ANY PROXY CARD YOU RECEIVE FROM SABA OR BULLDOG.

 

 

We are fighting to protect your Fund and its ability to provide reliable, consistent income and deliver on its investment objective.

 

VOTE FOR YOUR DIRECTORS

 

 

VOTE AGAINST BOARD DECLASSIFICATION

 

Francine J. Bovich, Roslyn M. Watson, and Tamara Belinfanti are Qualified and Experienced

ü  Collective 80 years of asset management expertise, including closed-end funds

ü  Trusted fiduciaries committed to advancing your best interests over the long term

ü  Expert stewardship has led Fund to outperform its benchmark

ü  Focused on what matters most—Fund has delivered consistent distributions over the past 10 years, helping you meet your financial goals

*As of 2/29/2024

 

 

 

 

A Classified Board Protects the Stability of your Investment

ü  Our current Fund structure enhances the independence of your directors, who are accountable to you

ü  Our Board is ideally set-up to promote stability and continuity, so you always have qualified experts serving at all times

Dangers of Declassification

×       Declassification means that activist investors could gain control of the Board in a single meeting and make sudden changes to your investment

×        Activists can take steps to pursue short-term gains at the expense of long-term stockholders

 

WE WILL ALWAYS STAND UP FOR ALL STOCKHOLDERS

VOTE today FOR the Board-approved Proposals on the WHITE proxy card

Protect your options and the future of your investment

 

 

 
 
 

 

Important Information about the Fund

 

This material is not an advertisement and is intended for existing shareholder use only. This document and the information contained herein relates solely to BNY Mellon Municipal Income, Inc. (DMF). The information contained herein does not relate to, and is not relevant to, any other fund or product advised by BNY Mellon Investment Adviser, Inc. or any of its affiliates. This document is not an offer to sell any securities and is not a solicitation of an offer to buy any securities.

 

Common shares for the closed-end fund identified above are only available for purchase and sale at current market price on a stock exchange. A closed-end fund's dividend yield, market price and NAV will fluctuate with market conditions. The information for this Fund is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares.

 

Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends. The market value and net asset value of a fund's shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount.

 

 

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