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

[ ]       Definitive Additional Materials

[x]       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)

 

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

 

PROTECT YOUR FUND

VOTE ON THE WHITE PROXY CARD – FOR – THE BOARD-RECOMMENDED PROPOSALS

 

 

Time is running out. We request that all stockholders vote to protect your investment at the Fund's Annual Meeting, scheduled for next week, June 12, 2024, at 11:00 a.m. ET. Two activist hedge funds, Saba Capital Management and Bulldog Investors, are seeking to take steps that could imperil your Fund’s ability to deliver the consistent income you count on. As always, we will stand up for your long-term financial interests.

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.

 

Your Trustees are fiduciaries entrusted with safeguarding your financial future:

 

Don’t just take our word for it…

Leading independent proxy advisory firm Institutional Shareholder Services (ISS) recommends all stockholders to vote for your qualified Board members only on the WHITE proxy card.

  

Under the stewardship of the Board, the Fund has provided consistent income and outperformed its benchmark.

 

$4.40%

Distributions per share over past 10 years

 

$3.08%

Total returns compared to Bloomberg U.S. Municipal Bond Index of –1.62% year-to-date*

*As of 4/30/24

 
80 Years of collective asset management experience, including closed-end funds.

 

DON’T WAIT TO PROTECT YOUR INVESTMENT

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

 

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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