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.
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.
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.
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.
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.
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.
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.
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...
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.
The following Eaton Vance closed-end funds announced distributions today as detailed below. Declaration ? 7/1/2022 ????Ex-Date ? 7/21/2022 ????Record ? 7/22/2022 ????Payable ? 7/29/2022. Municipal Bond Funds: Fund Ticker ?. Distribution ?. Change From Prior Distribution ?. Closing Market Price ? 6/30/22 ?. Distribution Rate at Market Price Eaton Vance California Municipal Bond Fund. EVM.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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.
On June 24, 2022 KBRA assigned a long-term rating of AAA with a Stable Outlook to the Commonwealth of Massachusetts Special Obligation Revenue Bonds 2022 Series A and Special Obligation Revenue Bonds 2022 Series B. Click here to view the report.
On June 21, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to The Metropolitan Government of Nashville and Davidson County, TN Water and Sewer System?s WIFIA Loan for Process Advancements at Omohundro and K.R. Harrington Water Treatment Plants Project. Click here to view the report.
Enviva Inc. (EVA) today announced that the Industrial Development Authority of Sumter County, Alabama, intends to issue its Exempt Facilities Revenue Bonds, Series 2022 in the aggregate principal amount of $250,000,0001.
On June 16, 2022, KBRA assigned a long-term rating of AAA with a Stable Outlook to the State of Wisconsin?s General Obligation Floating Rate Notes of 2022, Series A. Concurrently, KBRA affirmed the long-term AAA rating with a Stable Outlook on $7.0 billion of outstanding General Obligation bonds; the short-term K1+ rating on the G.O. Commercial Paper Program and G.O. Extendible Municipal Commer...
Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authority?s School Districts Revenue Bond Financing Program that priced in May 2022. The bonds are special obligations of DASNY, payable from GO bond payments of the local school district obligors under the program.
KBRA assigns the long-term rating of AA to the Sacramento City Unified School District General Obligation Bonds, Election of 2020 2022 Series A, and 2022 General Obligation Refunding Bonds. Click here to view the report.
The Board of Trustees of Nuveen Intermediate Duration Municipal Term Fund (NID) and Nuveen Intermediate Duration Quality Municipal Term Fund (NIQ) has approved a proposal that will allow shareholders of the fund the opportunity to maintain their investment in the fund and exposure to leveraged, intermediate duration municipal securities.
KBRA assigns the long-term rating of AA with a Stable Outlook to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2022 Series C. Concurrently, KBRA affirms the long-term rating of AA with a Stable Outlook to LADWP?s outstanding Power System Revenue Bonds. Click here to view the report.
Velocity Financial, Inc. (VEL), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency has upgraded and affirmed the ratings on the 15 outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC.
Total Volume of $25.0 Trillion and Average Daily Volume of $1.19 Trillion Tradeweb Markets Inc. (TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported trading volume for May 2022. In May, Tradeweb set new ADV records in fully electronic U.S. High Grade credit, Repurchase Agreements and municipal bond trading.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0530 per share of common stock, payable on July 1, 2022 to shareholders of record at the close of business on June 17, 2022. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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.
On May 23, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the following State of Connecticut bonds: KBRA simultaneously affirmed the long-term rating of AA with a Stable Outlook for outstanding General Obligation Bonds, as well as for the Connecticut Innovations, Incorporated State of Connecticut General Fund Obligation Bonds 2014 Series A. Click here to view the report.
KBRA assigns the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2022 Series C. Concurrently, KBRA affirms the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles outstanding Water System Revenue Bonds. Click here to view the report.
On May 12, 2022, KBRA assigned the long-term rating of AA+ with a Stable Outlook to the City of New York?s General Obligation Bonds Fiscal 2022 Series D. Additionally, KBRA affirmed the long-term rating of AA+ with a Stable Outlook to the City?s outstanding General Obligation Bonds. Click here to view the report.
On May 11, 2022, KBRA assigned a long-term rating of A+ with a Stable Outlook to the Greater Asheville Regional Airport Authority Airport System Revenue Bonds Series 2022A. Click here to view the report.
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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