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. ____)
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[x] Definitive Additional Materials
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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)
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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.
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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
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VOTE AGAINST BOARD DECLASSIFICATION
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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
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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
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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.