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  1. BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
    Business Wire | 02/26/26 04:13 PM EST

    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 each Fund, is part of BNY Investments.

  2. State Street Investment Management Expands Industry?s First Actively Managed Corporate Target Maturity ETFs Suite
    Business Wire | 02/26/26 08:30 AM EST

    Launch of State Street? MyIncome High Yield Corporate Bond ETFs Enhances Bond Laddering Toolkit for Investors State Street Investment Management announced today the launch of five actively managed target maturity high yield corporate bond ETFs.

  3. KBRA Downgrades the City of Chicago, IL General Obligation Bonds to BBB+; Assigns BBB+ Rating to the City's General Obligation Bonds, Taxable Series 2026A and General Obligation Bonds, Series 2026B. Outlook Remains Negative
    Business Wire | 02/25/26 04:29 PM EST

    KBRA downgrades the long-term rating on the City of Chicago, IL General Obligation Bonds to BBB+. Concurrently, KBRA assigns a long-term rating of BBB+ to the City of Chicago, IL General Obligation Bonds, Taxable Series 2026A and General Obligation Bonds, Series 2026B.

  4. KBRA Assigns AA+ Rating, Stable Outlook to Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Refunding Bonds, Series 2026A
    Business Wire | 02/23/26 06:02 PM EST

    KBRA assigns a long-term rating of AA+ to the Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Refunding Bonds, Series 2026A. Concurrently, we affirm the long-term ratings on outstanding Senior Lien PMT Bonds and certain outstanding PMT Bond Anticipation Notes issued with final maturities of greater than three years.

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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