Joseph Connolly - BNY Mellon Chief Compliance Officer

LEO Stock  USD 6.41  0.02  0.31%   

Executive

Mr. Joseph W. Connolly is a Chief Compliance Officer of Dreyfus Strategic Municipals Inc. He is Chief Compliance Officer of Dreyfus and The Dreyfus Family of Funds . since 2004.
Age 63
Tenure 20 years
Address 240 Greenwich Street, New York, NY, United States, 10286
Phone212 635 8827
Webhttps://im.bnymellon.com/us/en/intermediary/produc

BNY Mellon Management Efficiency

The company has Return on Asset of 0.0228 % which means that on every $100 spent on assets, it made $0.0228 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0631) %, meaning that it generated no profit with money invested by stockholders. BNY Mellon's management efficiency ratios could be used to measure how well BNY Mellon manages its routine affairs as well as how well it operates its assets and liabilities. At this time, BNY Mellon's Return On Tangible Assets are very stable compared to the past year. As of the 11th of December 2024, Return On Assets is likely to grow to 0.11, though Return On Capital Employed is likely to grow to (0.23). At this time, BNY Mellon's Return On Assets are very stable compared to the past year.
BNY Mellon Strategic has 225.34 M in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. BNY Mellon Strategic has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BNY to invest in growth at high rates of return.

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BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States. Dreyfus Strategic is traded on New York Stock Exchange in the United States. BNY Mellon Strategic (LEO) is traded on New York Stock Exchange in USA. It is located in 240 Greenwich Street, New York, NY, United States, 10286 and employs 29 people. BNY Mellon is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

BNY Mellon Strategic Leadership Team

Elected by the shareholders, the BNY Mellon's board of directors comprises two types of representatives: BNY Mellon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BNY. The board's role is to monitor BNY Mellon's management team and ensure that shareholders' interests are well served. BNY Mellon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BNY Mellon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joni Evans, Independent Director
Joseph DiMartino, Independent Chairman of the Board
Bennett MACDOUGALL, Chief Legal Officer
Robert Svagna, Assistant Treasurer
Robert Salviolo, Assistant Treasurer
Deirdre Cunnane, Vice President Assistant Secretary
Burton Wallack, Independent Director
Natalya Zelensky, Vice President Assistant Secretary
Robin Melvin, Independent Director
Amanda Quinn, Vice President Assistant Secretary
Sonalee Cross, Vice President Assistant Secretary
James Bitetto, Vice President Assistant Secretary
James Windels, CFO, Principal Accounting Officer, Treasurer and Director of Mutual Fund Accounting for Dreyfus Corporate -Manager
Robert Robol, Assistant Treasurer
Ehud Houminer, Independent Director
Jeffrey CFA, CoPrimary Manager
Jeff Prusnofsky, Vice President Assistant Secretary
Joan Gulley, Independent Director
Daniel CFA, Portfolio Manager
Gordon Davis, Independent Director
Gavin Reilly, Assistant Treasurer
David DiPetrillo, Vice President
Renee LarocheMorris, President
Bradley Skapyak, President
Sarah Kelleher, Vice President Assistant Secretary
Joseph Connolly, Chief Compliance Officer
Peter Sullivan, Vice President Assistant Secretary
Benaree Wiley, Independent Director
Alan Howard, Independent Director

BNY Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BNY Mellon a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with BNY Mellon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNY Mellon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNY Mellon will appreciate offsetting losses from the drop in the long position's value.

Moving against BNY Stock

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The ability to find closely correlated positions to BNY Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNY Mellon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BNY Mellon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BNY Mellon Strategic to buy it.
The correlation of BNY Mellon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BNY Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNY Mellon Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BNY Mellon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BNY Mellon Strategic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNY Mellon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bny Mellon Strategic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon Strategic Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BNY Mellon. If investors know BNY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BNY Mellon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.569
Earnings Share
1.18
Revenue Per Share
0.479
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0228
The market value of BNY Mellon Strategic is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.