News Results

  1. KBRA Assigns AAA Rating, Stable Outlook to Dormitory Authority of the State of New York State Sales Tax Revenue Bonds, Series 2024B-1 (Tax-Exempt), Series 2024B-2 (Tax-Exempt), and Series 2024C (Federally Taxable)
    Business Wire | 03:12 PM EST

    KBRA assigns a long-term rating of AAA to the Dormitory Authority of the State of New York State Sales Tax Revenue Bonds, Series 2024B-1, Series 2024B-2, and Series 2024C. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.

  2. MarketAxess Expands AI-Powered Pricing Engine to Cover Municipal Bonds
    Business Wire | 08:30 AM EST

    CP+? real-time pricing now available on the fastest growing electronic muni marketplace MarketAxess Holdings Inc. (MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that CP+, the AI-powered, algorithmic pricing engine for global credit and rates markets, will now also cover municipal bonds.

  3. KBRA Assigns K1+ Rating to Cobb County School District, GA's Short-Term Construction Notes, Series 2025; Affirms K1+ Rating for Series 2024 Construction Notes and AAA Rating for Implied G.O. Credit
    Business Wire | 12/04/24 04:01 PM EST

    KBRA assigns a short-term rating of K1+ to Cobb County School District, Georgia's Short-Term Construction Notes, Series 2025, due December 15, 2025. Additionally, KBRA affirms the short-term rating of K1+ on the District's Short-Term Construction Notes, Series 2024 due December 15, 2024, and the long-term rating of AAA with a Stable Outlook for the District's Implied General Obligation Credit.

  4. BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
    Business Wire | 12/03/24 04:14 PM EST

    BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0300 per share of common stock, payable on January 2, 2025 to shareholders of record at the close of business on December 18, 2024. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.

  5. Statement of the PREPA Bondholders
    Business Wire | 12/03/24 10:15 AM EST

    Bondholders of the Puerto Rico Electric Power Authority, including GoldenTree Asset Management, LP, Assured Guaranty Inc., and National Public Finance Guarantee Corporation, today issued the following statement: ?On November 13, the United States Court of Appeals for the First Circuit confirmed its June 12 ruling that PREPA?s $8 billion plus of revenue bonds are secured by a properly perfected ...

  6. Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
    Business Wire | 12/02/24 04:15 PM EST

    The following Eaton Vance closed-end funds announced distributions today as detailed below. Declaration ? 12/2/2024 ???Ex-Date ? 12/12/2024 ???Record ? 12/12/2024 ???Payable ? 12/19/2024. Municipal Bond Funds: Declaration ? 12/2/2024 ???Ex-Date ? 12/23/2024 ???Record ? 12/23/2024 ???Payable ? 12/31/2024.

  7. NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for December 2024
    Business Wire | 12/02/24 09:00 AM EST

    NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) today announced monthly dividend distributions of $0.06 per common share for the month of December 2024. Portfolio and municipal market commentary will be published on or around December 2, 2024 and can be retrieved here.

  8. BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
    Business Wire | 11/27/24 04:24 PM EST

    BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc. (DMF), BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.

  9. KBRA Assigns AAA Rating with Stable Outlook to Dallas Independent School District?s Unlimited Tax School Building and Refunding Bonds
    Business Wire | 11/26/24 04:50 PM EST

    KBRA assigns a long-term rating of AAA with a Stable Outlook to Dallas Independent School District, TX's outstanding Unlimited Tax School Building and Refunding Bonds. The Unlimited Tax Bonds are obligations of the District, payable from a direct and continuing pledge of ad valorem taxes levied on all taxable property within the District, without limitation as to rate or amount.

  10. DWS Strategic Municipal Income Trust Announces Final Liquidating Distribution
    Business Wire | 11/19/24 04:35 PM EST

    DWS Strategic Municipal Income Trust announced today the payment of its final liquidating distribution to shareholders of $10.131 per share. DWS expresses its appreciation to the shareholders who have supported the Fund and its Board over the years. Important Information Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_results