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BNY Mellon Strategic Municipal Bond Fund (DSM) vs Saratoga Investment New (SAR)

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 ($253.1 million vs $232.9 million), about 1.1 times the size. BNY Mellon Strategic Municipal Bond Fund pays a dividend yielding 5.62%, while Saratoga Investment New does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

DSM versus SAR key metrics
MetricDSMSAR
Share price$5.12$14.97
Market cap$253.07M$232.93M
1-day change+0.39%+0.40%
YTD return—-35.37%
1-year return—-36.15%
5-year return—-49.20%
P/E ratio (TTM)8.13—
Forward P/E—7.34
EPS (TTM)$0.63$-0.28
Dividend yield5.62%18.98%
Annual dividend$0.288$0.00
52-week high$6.30$24.07
52-week low$5.07$13.78
Distance from 52-week high-18.73%-37.81%
Analyst consensus—none
Avg. price target upside—+41.62%
Average volume157.48K160.05K
Shares outstanding49.43M15.56M
SectorFinanceFinance
IndustryInvestment ManagersInvestment 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

  • Saratoga Investment New offers a meaningfully higher dividend yield (18.98% vs 5.62%).

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 Saratoga Investment New

SAR stock →

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.

Finance · Investment Managers

DSM vs SAR FAQ

Which is bigger, BNY Mellon Strategic Municipal Bond Fund or Saratoga Investment New?

BNY Mellon Strategic Municipal Bond Fund (DSM) is larger, with a market capitalization of $253.07M compared with $232.93M for Saratoga Investment New (SAR).

Which pays a higher dividend, BNY Mellon Strategic Municipal Bond Fund or Saratoga Investment New?

Saratoga Investment New has the higher yield at 18.98%, compared with 5.62% for BNY Mellon Strategic Municipal Bond Fund.

Are BNY Mellon Strategic Municipal Bond Fund and Saratoga Investment New in the same industry?

Yes. Both are classified in the Investment Managers industry within the Finance sector.

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