News Results

  1. KBRA Releases Report Assigning Long-Term Rating of AA with a Stable Outlook to Triborough Bridge and Tunnel Authority General Revenue Bonds, Series 2022A
    Business Wire | 08/05/22 11:41 AM EDT

    On August 4, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority General Revenue Bonds, Series 2022A. Concurrently, KBRA affirmed the long-term rating of AA on the TBTA?s outstanding General Revenue Bonds and the long-term rating of AA- on the Subordinate General Revenue Bonds. Click here to view the report.

  2. Assured Guaranty Ltd. Reports Results for Second Quarter 2022
    Business Wire | 08/03/22 04:17 PM EDT

    ?. HAMILTON, Bermuda---- Assured Guaranty Ltd. (AGO) announced today its financial results for the three-month period ended June 30, 2022.

  3. BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
    Business Wire | 08/02/22 05:02 PM EDT

    BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0530 per share of common stock, payable on September 1, 2022 to shareholders of record at the close of business on August 17, 2022. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.

  4. BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
    Business Wire | 07/28/22 04:12 PM EDT

    BNY Mellon Investment Adviser, Inc. announced today that 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 the Fund, is part of BNY Mellon Investment Management.

  5. KBRA Releases Report Assigning AAA Rating to Cook County, Illinois Sales Tax Revenue Bonds, Series 2022A and Sales Tax Revenue Bonds, Refunding Series 2022B; Affirms Parity Debt; Outlook is Stable
    Business Wire | 07/27/22 11:25 AM EDT

    On July 25, 2022, KBRA assigned a long-term rating of AAA with a Stable Outlook to the County of Cook, Illinois Sales Tax Revenue Bonds, Series 2022A and Sales Tax Revenue Bonds, Refunding Series 2022B. Click here to view the report.

  6. IndexIQ Launches New IQ MacKay Multi-Sector Income ETF (MMSB) in Ongoing Partnership with MacKay Shields
    Business Wire | 07/26/22 09:15 AM EDT

    MMSB builds upon IndexIQ?s actively managed fixed income suite, pulling from MacKay Shields? broad fixed income expertise across multiple sectors IndexIQ today announced the launch of its newest ETF, the IQ MacKay Multi-Sector Income ETF (MMSB), sub-advised by MacKay Shields LLC, which seeks to provide investors with attractive current income and long-term capital appreciation.

  7. KBRA Releases Report Assigning an A Rating with a Stable Outlook to the State of Louisiana Economic Damages Revenue Bonds [I-49 South Project] (TIFIA)
    Business Wire | 07/22/22 04:46 PM EDT

    On July 19, 2022, KBRA assigned a long-term rating of A with a Stable Outlook to a maximum of $94.2 million of State of Louisiana Economic Damages Revenue Bonds [I-49 South Project], with a final maturity of September 1, 2033. Click here to view the report.

  8. KBRA Assigns Preliminary Ratings to New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2022A
    Business Wire | 07/20/22 05:14 PM EDT

    KBRA assigns preliminary ratings to a term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2022A, a consumer solar loan and home improvement loan ABS transaction. NYSERDA will issue a $9.405 million term bond and nine serial bonds which total $15.225 million.

  9. S&P Affirms Assured Guaranty?s AA Financial Strength Ratings with Stable Outlook
    Business Wire | 07/12/22 11:45 AM EDT

    Highlights Very Strong Competitive Position, Excellent Capital and Earnings, Exceptional Liquidity, Well-Defined and Diverse Underwriting Strategy and Very Strong Business Risk Profile Assured Guaranty Ltd. (AGO) announced today that S&P Global Ratings has affirmed the AA financial strength ratings on U.S. bond insurers Assured Guaranty Municipal Corp. and Assured Guaranty Corp.; U.K. financial guara...

  10. BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
    Business Wire | 07/05/22 05:13 PM EDT

    BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0530 per share of common stock, payable on August 1, 2022 to shareholders of record at the close of business on July 20, 2022. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.

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.

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