BNY Mellon Municipal Income Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser Inc It invests in the fixed income markets of the United States The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year It employs fundamental analysis to create its portfolio The fund was formerly known as Dreyfus Municipal Income Inc BNY Mellon Municipal Income Inc was formed on October 24 1988 and is domiciled in the United States