News Results

  1. BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
    Business Wire | 10/23/25 03:07 PM EDT

    BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0420 per share of common stock, payable on December 1, 2025 to shareholders of record at the close of business on November 19, 2025. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.

  2. KBRA Assigns AA Rating, Stable Outlook to the Department of Water and Power of the City of Los Angeles - Water System Revenue Bonds
    Business Wire | 10/22/25 05:58 PM EDT

    KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2025 Series C. The Outlook is Stable. LADWP is the nation's largest municipal utility, operating as a proprietary, self-supporting department of the City of Los Angeles. Water System Revenue Bonds and other parity indebtedness are secured by the Water Revenue Fund.

  3. KBRA Assigns AAA Rating with Stable Outlook to Round Rock Independent School District?s Unlimited Tax Refunding Bonds, Series 2025C
    Business Wire | 10/21/25 02:07 PM EDT

    KBRA assigns a long-term rating of AAA to Round Rock Independent School District's Series 2025C Unlimited Tax Refunding Bonds. 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.

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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