Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +0.20% | -7.09% | -15.95% | -15.82% | -17.18% | -14.69% | +0.66% | -8.80% | -4.78% | -2.94% |
| Market-price total return | +0.78% | -6.55% | -14.57% | -13.22% | -13.21% | -9.91% | +5.23% | -4.51% | +0.04% | +2.80% |
| NAV return | +2.12% | -4.14% | -11.20% | -10.65% | -11.06% | -10.92% | -1.18% | -6.93% | -3.99% | -1.75% |
| NAV total return | +2.12% | -4.14% | -10.34% | -8.58% | -7.58% | -6.78% | +2.69% | -3.07% | +0.49% | +4.05% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.11% | 0.08% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.09% | as above |
| Volatility, 5 years | 0.13% | 0.09% | as above |
| Maximum drawdown, 3 years | -16.19% | -13.33% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.13 | -0.08 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.19 | -0.11 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.55 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.56 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for BNY Mellon Strategic Municipal Bond Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.