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 | +0.18% | -7.00% | -14.84% | -14.84% | -14.31% | -13.49% | +0.87% | -8.91% | -4.60% | -2.63% |
| Market-price total return | +0.74% | -6.48% | -13.52% | -12.35% | -10.40% | -8.88% | +5.35% | -4.73% | +0.22% | +3.15% |
| NAV return | +1.99% | -4.05% | -10.60% | -9.94% | -10.07% | -10.07% | -0.80% | -6.57% | -3.66% | -1.76% |
| NAV total return | +1.99% | -4.05% | -9.78% | -7.98% | -6.75% | -6.12% | +2.99% | -2.79% | +0.87% | +4.08% |
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% | 0.06% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.08% | as above |
| Volatility, 5 years | 0.13% | 0.08% | as above |
| Maximum drawdown, 3 years | -15.21% | -12.25% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.15 | -0.12 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.21 | -0.16 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.46 | — | AOR (60/40 allocation ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.39 | — | 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 Municipals, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.