News Results

  1. KBRA Assigns AA Rating with Stable Outlook to Needville Independent School District, TX Series 2026 Unlimited Tax School Building and Refunding Bonds
    Business Wire | 07:02 PM EDT

    KBRA assigns a long-term rating of AA to the Needville Independent School District, TX Series 2026 Unlimited Tax School Building and Refunding Bonds.

  2. KBRA Assigns AA Rating to State of Louisiana General Obligation Refunding Bonds, Series 2026-B
    Business Wire | 02:57 PM EDT

    KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Refunding Bonds, Series 2026-B. Key Credit Considerations The rating action reflects the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.

  3. KBRA Assigns Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2026-GT1
    Business Wire | 01:07 PM EDT

    KBRA assigns ratings of ?BBB? to the Series 2026-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.

  4. AM Best Upgrades Credit Ratings of Reaseguradora Santo Domingo, S.A.
    Business Wire | 11:52 AM EDT

    AM Best has upgraded the Financial Strength Rating to ?B+? from B and the Long-Term Issuer Credit Rating to ?bbb-? from ?bb+? of Reaseguradora Santo Domingo, S.A.. The outlook of these Credit Ratings has been revised to stable from positive.

  5. BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
    Business Wire | 10:43 AM EDT

    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.

  6. KBRA Assigns Preliminary Ratings to NYSERDA Green Revenue Bonds, Series 2026A
    Business Wire | 09:25 AM EDT

    KBRA assigns preliminary ratings to five serial bonds and one term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2026A, a $47.59 million asset-backed securitization collateralized by residential solar loans and home improvement loans originated by New York State Energy Research and Dev...

  7. AM Best Assigns Credit Ratings to Aseguradora del Sur C.A.
    Business Wire | 05/26/26 12:17 PM EDT

    AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Aseguradora del Sur C.A.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Asur?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  8. AM Best Assigns Credit Ratings to Desjardins Financial Security Life Assurance Company
    Business Wire | 05/22/26 01:04 PM EDT

    AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of ?a+? to Desjardins Financial Security Life Assurance Company. The ratings reflect DFS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

  9. BJ?s Wholesale Club Receives First-Time Investment Grade Rating from Fitch
    Business Wire | 05/22/26 07:00 AM EDT

    BJ?s Wholesale Club today announced that Fitch Ratings has assigned a first-time Long Term Issuer Default Rating of ?BBB? to the company. "Fitch?s investment-grade ratings reflect BJ?s continued growth and commitment to financial discipline,? said Laura Felice, Chief Financial Officer, BJ?s Wholesale Club.

  10. KBRA Assigns AA- Rating to Miami-Dade County, FL Aviation Revenue Refunding Bonds; Outlook Positive
    Business Wire | 05/21/26 06:06 PM EDT

    KBRA assigns a long-term AA- rating to Miami-Dade County, Florida, Aviation Revenue Refunding Bonds, Series 2026A and Aviation Revenue Refunding Bonds Series 2026B issued for Miami International Airport.

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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