BNY Mellon Strategic Municipals: 10% owner Saba Capital bought 65,000 shares

What happened Saba Capital Management, L.P., a 10% owner, bought 65,000 shares of BNY Mellon Strategic Municipals, Inc. on Oct 23, 2026, at $5.68 per share, for a total of $369,200. The transaction is reported as a purchase (transaction code P, open market or private purchase).

Key details

• Transaction date and price: Oct 23, 2026 — 65,000 shares at $5.68 per share.
• Total value: $369,200.
• Shares owned after the transaction: not reported in the filing.
• Footnote: The securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager; Boaz R. Weinstein is the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.
• Form filed: Oct 26, 2026.

Why it may matter

• The filing shows a purchase by a 10% owner, which identifies the holder as a large shareholder rather than an executive.
• This was a market/private purchase (code P), not an option exercise, grant, gift, or tax withholding. A filing does not show why the insider traded or why the company acted.