DMF News and Press, Dreyfus Municipal Income Inc. From 06/25/20

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By Daryl Clements Caught in the COVID-19 economic downdraft, the municipal market suffered unprecedented volatility in March. Since then, however, demand for higher-grade municipal bonds has soared, driving the Bloomberg Barclays AAA Municipal Index up 11% between its March 23 low and May ...

By Mark Paris, Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income , and Timothy Spitz, Product Director We examine the state of the municipal bond market over the past few months. The municipal bond market has seen a nice recovery in investment-grade names ...

By David Ambler, Matthew Norton Default rates by municipal bond issuers have been remarkably low over the years. It's an impressive track record, and it explains why defaults by municipal issuers Puerto Rico and Detroit have made front-page news when they happen-they're actually quite rare...

By Patricia Healy, CFA, Senior Vice President of Research and Portfolio Manager Municipalities derive their revenues from many sources. At the state level, sales taxes, personal income taxes, and corporate taxes are the largest sources of revenue; and there are other taxes and fees that st...

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Author's note: This article was initially released on May 15, 2020 and data are from that date. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end ...

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc., BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF), BNY Mello...

During periods of economic uncertainty, near-term decisions can determine the nature and durability of the recovery that drives long-term credit quality. I believe there is some cause for optimism for recovery in the municipal bond market. There may be many bumps in the road, but fears of many...

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