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.
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 ...
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.
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.
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.
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.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) today announced the final results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires.
KBRA assigns a long-term rating of AA, with a Stable Outlook, to Harris County, Texas Hotel Occupancy Tax Senior Lien Revenue Bonds, Taxable Series 2024. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
KBRA has upgraded the rating on the Greater Orlando Aviation Authority Airport Facilities Revenue Bonds to AA+. The AA+ rating applies to the Airport Facilities Revenue Bonds, Series 2024 and parity Senior Lien Bonds. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) today announced the preliminary results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires.
KBRA assigns a long-term rating of AA to the Chicago Transit Authority, IL Sales Tax Receipts Revenue Refunding Bonds Series 2024A. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges.
KBRA places the City's G.O. Bond rating on Watch Downgrade and assigns a long-term rating of "A" to the City of Chicago?s General Obligation Bonds, Refunding Series 2024B and Taxable Refunding Series 2024C. Concurrently, KBRA affirms the long-term rating of "A" on the City's outstanding General Obligation Bonds.
KBRA assigns a long-term rating of AA- with a Stable Outlook to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024B. The Second Lien Wastewater bonds are limited obligations of the City of Chicago, payable solely from a second lien on net revenues of the sewer revenue fund.
KBRA assigns a long-term rating of AAA to the State of Connecticut Special Tax Obligation Bonds, Transportation Infrastructure Purposes, 2024 Series A and Special Tax Obligation Refunding Bonds, Transportation Infrastructure Purposes, 2024 Series B. KBRA additionally affirms the long-term rating of AAA for the State's outstanding Special Tax Obligation Bonds, Transportation Infrastructure Purpo...
Eaton Vance Municipal Bond Fund (EIM) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund?s then-outstanding common shares if, during the four-month measurement period beginning July 9, 2024 through November 8, 2024, the Fund?s common shares trade at an average discount to net asset value of more than 7.5%. The Fund has determined that the conditions of the First T...
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0300 per share of common stock, payable on December 2, 2024 to shareholders of record at the close of business on November 20, 2024. 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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