BNY Mellon Strategic Municipal Bond Fund (DSM) vs Franklin Managed Municipal Income (PMM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
BNY Mellon Strategic Municipal Bond Fund is the larger company by market cap ($252.0 million vs $237.7 million), about 1.1 times the size. On valuation, BNY Mellon Strategic Municipal Bond Fund trades at a lower trailing P/E (8.1x vs 10.3x for Franklin Managed Municipal Income). BNY Mellon Strategic Municipal Bond Fund offers the higher dividend yield (5.65% vs 5.44%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | DSM | PMM |
|---|---|---|
| Share price | $5.10 | $5.55 |
| Market cap | $252.02M | $237.73M |
| 1-day change | -0.03% | -0.54% |
| YTD return | — | -11.00% |
| 1-year return | — | -8.22% |
| 5-year return | — | -34.35% |
| P/E ratio (TTM) | 8.09 | 10.28 |
| EPS (TTM) | $0.63 | $0.54 |
| Dividend yield | 5.65% | 5.44% |
| Annual dividend | $0.288 | $0.302 |
| 52-week high | $6.30 | $6.60 |
| 52-week low | $5.07 | $5.39 |
| Distance from 52-week high | -19.07% | -15.91% |
| Analyst consensus | — | none |
| Average volume | 157.48K | 130.80K |
| Shares outstanding | 49.43M | 42.83M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Franklin Managed Municipal Income trades at a higher earnings multiple (10.3x vs 8.1x trailing P/E).
About BNY Mellon Strategic Municipal Bond Fund
DSM stock →BNY Mellon Strategic Municipal Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc.
Finance · Investment Managers
About Franklin Managed Municipal Income
PMM stock →Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited.
Finance · Investment Managers
DSM vs PMM FAQ
Which is bigger, BNY Mellon Strategic Municipal Bond Fund or Franklin Managed Municipal Income?
BNY Mellon Strategic Municipal Bond Fund (DSM) is larger, with a market capitalization of $252.02M compared with $237.73M for Franklin Managed Municipal Income (PMM).
Which has the lower P/E ratio, DSM or PMM?
DSM has the lower trailing P/E at 8.1, versus 10.3 for PMM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BNY Mellon Strategic Municipal Bond Fund or Franklin Managed Municipal Income?
BNY Mellon Strategic Municipal Bond Fund has the higher yield at 5.65%, compared with 5.44% for Franklin Managed Municipal Income.
Are BNY Mellon Strategic Municipal Bond Fund and Franklin Managed Municipal Income in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.