Additionally, municipal bonds can carry the following risk: The municipal market can be affected by adverse tax, legislative, or political changes, and the financial condition
of the issuers of municipal securities.
The municipal market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition
of the issuers of municipal securities.
The municipal market can be affected by adverse tax, legislative or political changes and the financial condition
of the issuers of municipal securities.
There may be less information available on the financial condition
of issuers of municipal securities than for public corporations.
The municipal market can be adversely affected by tax, legislative, or political changes, and by the financial condition
of the issuers of municipal securities.
The municipal market can be adversely affected by tax, legislative, or political changes and the financial condition
of the issuers of municipal securities.
The municipal market can be affected by adverse tax, legislative or political changes and the financial condition
of the issuers of municipal securities.
Not exact matches
This can be attributed to the large number
of municipal issuers and variety
of securities.
●
Municipal securities may be adversely impacted by state / local, political, economic, or market conditions; these risks may be magnified if the fund focuses its assets in municipal securities of issuers in a few selec
Municipal securities may be adversely impacted by state / local, political, economic, or market conditions; these risks may be magnified if the fund focuses its assets in
municipal securities of issuers in a few selec
municipal securities of issuers in a few select states.
Federal covered
security: A
security that is exempt from state registration because either it must be registered with the Federal government under the
Securities Act of 1933 or it is exempt from federal registration under the 1933 Act (except that municipal securities may be regulated by the state of which the issuer i
Securities Act
of 1933 or it is exempt from federal registration under the 1933 Act (except that
municipal securities may be regulated by the state of which the issuer i
securities may be regulated by the state
of which the
issuer is a part).
The MSRB's portal EMMA also provides free access to annual continuing disclosure about the financial condition
of an
issuer as well as additional specific data on individual
municipal securities.
Issuers disclose details
of their financial condition through «official statements» or «offering circulars,» which are available from your bank, brokerage firm, or on the Internet or through the
Municipal Securities Rulemaking Board's Electronic
Municipal Market Access (EMMA) website at http://emma.msrb.org.
Fifth Third
Securities Public Finance Group provides a broad range
of debt underwriting, placement and financial advisory services to
municipal issuers including state level
issuers, cities, villages, townships, counties, school districts, water and sewer districts and other public utility systems, health care facilities, and higher education institutions.
Municipal bonds can be significantly affected by political or economic changes as well as uncertainties in the municipal market related to taxation, legislative changes or the rights of municipal security holders, including in connection with an issuer in
Municipal bonds can be significantly affected by political or economic changes as well as uncertainties in the
municipal market related to taxation, legislative changes or the rights of municipal security holders, including in connection with an issuer in
municipal market related to taxation, legislative changes or the rights
of municipal security holders, including in connection with an issuer in
municipal security holders, including in connection with an
issuer insolvency.
The Fund's portfolio is generally widely diversified among
issuers of municipal securities.
A consultant to an
issuer of municipal securities who provides the
issuer with advice with respect to the structure, timing, terms or other similar matters concerning a new issue
of securities.
A sale
of municipal securities by an
issuer in which underwriters or syndicates
of underwriters submit sealed bids (or oral auction bids) to purchase the
securities.
An official document disseminated by an
issuer of municipal securities that gives pertinent information regarding an upcoming bond issue and invites bids from prospective underwriters.
Debt
Securities Risk (Municipal Bond Fund only): The issuer of a debt security may fail to pay interest or principal when due, and that changes in market interest rates may reduce the value of debt securities or reduce the Fund'
Securities Risk (
Municipal Bond Fund only): The
issuer of a debt
security may fail to pay interest or principal when due, and that changes in market interest rates may reduce the value
of debt
securities or reduce the Fund'
securities or reduce the Fund's returns.
A callable
municipal, corporate, federal agency or government
security gives the
issuer of the bond the right to redeem it at predetermined prices at specified times prior to maturity.
«
Issuers of municipal securities are not required to disclose information that is not yet available or reasonably reliable,» Haines, wrote in her report.
Affiliations Board
of Directors, Project Row Houses Board
of Directors, Project Row House CDC Board
of Directors, Boy Scouts
of America's Sam Houston Area Council
Municipal Securities Rulemaking Board
Issuer Advisory Committee Texas Association
of Counties Investment Officers County Investment Officer Certification Committee