KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York State Personal Income Tax Revenue Bonds Series 2025A and State Personal Income Tax Revenue Bonds Series 2025B. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade.
Baird Municipal Bond, Baird Strategic Municipal Bond Recognized. Baird Advisors? commitment to delivering consistent competitive returns for clients has again been recognized by LSEG Lipper. Both Funds are co-managed by Lyle Fitterer, CFA, Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA and Gabe Diederich, CFA.
KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One and 2025 Series Two.
KBRA assigns a long-term rating of AA- to the City of Austin, TX Airport System Revenue Refunding Bonds, Series 2025. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
The Board of Directors of BNY Mellon Municipal Income, Inc., a registered closed-end fund, approved the reorganization of the Fund with and into BNY Mellon AMT-Free Municipal Bond Fund, a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund.
Provides ETF investors with access to the firm?s award-winning1 national high yield municipal bond strategy. Today, Macquarie Asset Management expanded its active exchange-traded fund platform with the launch of Macquarie National High-Yield Municipal Bond ETF (HTAX). This new ETF aims to maximize return with an income-driven, risk-controlled approach and a research-driven investment process.
KBRA assigns a long-term AAA rating with a Stable Outlook to the Transportation Revenue Refunding Bonds, 2025 Series 1 to be issued by the State of Wisconsin. Proceeds of the 2025 Series 1 Bonds will current refund all or a portion of certain outstanding TRBs for debt service savings and pay costs of issuance. Key Credit Considerations Credit Positives. Credit Challenges.
KBRA assigns a short-term rating of K1+ to the Triborough Bridge and Tunnel Authority Payroll Mobility Tax Bond Anticipation Notes, Series 2025A. 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.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0300 per share of common stock, payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) today announced its monthly dividend distribution of $0.06 per common share for the month of March 2025. Portfolio and municipal market commentary will be published on or around March 3, 2025 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 AAA rating, with a Stable Outlook to the State of Wisconsin's General Obligation Bonds of 2025, Series A. Proceeds will be used by the State for various governmental purposes for which public debt may be issued.
KBRA assigns a long-term rating of AA+ to the City of New York, NY General Obligation Bonds Fiscal 2025 Series E, Fiscal 2025 Series F, and Fiscal 2006 Series I, Subseries I-6.
KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois, Build Illinois Bonds, Junior Obligation Series A, B, and C of March 2025. KBRA?s Stable Outlook reflects the ample coverage of junior obligation debt service, supported by a broad-based, statewide source of sales tax revenues.
KBRA upgrades the long-term rating for the State of Alaska General Obligation Bonds to AA+, from AA. KBRA simultaneously assigns a long-term rating of AA to the Matanuska-Susitna Borough State of Alaska Lease Revenue Refunding Bonds, Series 2025A and Series 2025B.
KBRA assigns a long-term rating of AAA to the San Diego Unified School District: 2025 General Obligation Refunding Bonds; 2025 General Obligation Refunding Bonds; 2025 General Obligation Refunding Bonds; 2025 General Obligation Refunding Bonds; 2025 General Obligation Refunding Bonds; 2025 General Obligation Refunding Bonds.
KBRA assigns a long-term rating of AA- to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2025 and Turnpike Revenue Refunding Bonds, Second Series of 2025. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
Demand for enhanced sweeps session-based protocol for corporate bonds increases in Fourth Quarter Intercontinental Exchange (ICE), a leading global provider of technology and data, today announced record 2024 trading volume for corporate bonds, municipal bonds and agencies trading on ICE Bonds.
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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