Municipal Securities definition

Municipal Securities means municipal securities as described under the heading “Portfolio Contents” in the prospectus or other offering document for a Series of RVMTP Shares.
Municipal Securities means municipal securities as described under “The Fund’s Investments—Municipal Securities” in the Memorandum.
Municipal Securities means municipal securities as described under “The Fund’s Investments – Municipal Securities” in the Prospectus.

Examples of Municipal Securities in a sentence

  • Certain employees involved with the offering or distribution of municipal fund securities (e.g., a “529 Plan”) or acting as a director for certain subsidiaries, must also adhere to the restrictions and reporting requirements of the Municipal Securities Rulemaking Board.

  • Federated Hermes Municipal Securities Income Trust Federated Hermes Municipal High Yield Advantage Fund Federated Hermes Ohio Municipal Income Fund Federated Hermes Pennsylvania Municipal Income Fund Federated Hermes Total Return Series, Inc.

  • Interest shall be computed upon the basis of a 360-day year of twelve 30-day months and will be rounded pursuant to the rules of the Municipal Securities Rulemaking Board.

  • Federated Intermediate Municipal Trust, a portfolio of Intermediate Municipal Trust Federated Michigan Intermediate Municipal Trust, a portfolio of Federated Municipal Securities Income Trust Federated Municipal High Yield Advantage Fund, a portfolio of Federated Municipal Securities Income Trust The agreements referenced herein shall remain in full force and effect as amended by this Amendment.

  • Federated Enhanced Treasury Income Fund Federated Global Equity Fund Federated Intermediate Municipal Trust Federated Market Opportunity Fund Federated MDT Stock Trust Federated Michigan Intermediate Municipal Trust Federated Municipal High Yield Advantage Fund Federated Municipal Securities Fund, Inc.


More Definitions of Municipal Securities

Municipal Securities means securities of, or guaranteed by, any municipal corporation in Canada;
Municipal Securities defined as obligations of a State, the District of Columbia, a U.S. territory, or a political subdivision thereof and including general obligations, limited obligation bonds, revenue bonds, and obligations that satisfy the requirements of section 142(b)(1) of the Internal Revenue Code of 1986 issued by or on behalf of any State, the District of Columbia, any U.S. territory or any political subdivision thereof, including any municipal corporate instrumentality of one or more States, or any public agency or authority of any State, the District of Columbia, any U.S. territory or any political subdivision thereof, including, for example, where otherwise consistent with the securities described in this paragraph, securities financing a 501(c)(3) organization. The purchase of any municipal security will be based upon the Investment Adviser’s assessment of an asset’s relative value in terms of current yield, price, credit quality, and future prospects; and the Investment Adviser will monitor the creditworthiness of the Fund’s portfolio investments and analyze economic, political and demographic trends affecting the markets for such assets. Eligible Assets shall include any municipal securities that at the time of purchase are paying scheduled principal and interest or if at the time of purchase are in payment default, then in the sole judgment of the Investment Adviser are expected to produce payments of principal and interest whose present value exceeds the purchase price.
Municipal Securities means publicly traded debt securities issued by any state or municipality or subdivision or instrumentality thereunder located in the United States.
Municipal Securities defined as obligations (whether documented as securities or as loans) of a State, the District of Columbia, a U.S. territory, or a political subdivision thereof and including general obligations, limited obligation bonds, revenue bonds, and obligations that satisfy the requirements of section 142(b)(1) of the Internal Revenue Code of 1986 issued by or on behalf of any State, the District of Columbia, any U.S. territory or any political subdivision thereof, including any municipal corporate instrumentality of one or more States, or any public agency or authority of any State, the District of Columbia, any U.S. territory or any political subdivision thereof, including, for example, where otherwise consistent with the securities described in this paragraph, securities financing a 501(c)(3) organization. The purchase of any municipal security will be based upon the Investment Adviser’s assessment of an asset’s relative value in terms of current yield, price, credit quality, and future prospects; and the Investment Adviser will monitor the creditworthiness of the Fund’s portfolio investments and analyze economic, political and demographic trends affecting the markets for such assets. Eligible Assets shall include any municipal securities that at the time of purchase are paying scheduled principal and interest or if at the time of purchase are in payment default, then in the sole judgment of the Investment Adviser are expected to produce payments of principal and interest whose present value exceeds the purchase price.
Municipal Securities means municipal securities as described under the heading "Portfolio Composition" in the prospectus or other offering document for a Series of VMTP Shares.
Municipal Securities defined as obligations of a state, the District of Columbia, U.S. territory, 501(c)(3) organization or political subdivision thereof and include general obligations, limited obligation bonds, revenue bonds and obligations that satisfy the requirements of section 142(b)(1) of the Internal Revenue Code of 1986 issued by or on behalf of any state, the District of Columbia, U.S. territory or political subdivision thereof, including any municipal corporate instrumentality of one or more states, or any public agency or authority of any state, the District of Columbia, U.S. territory or political subdivision of thereof. The purchase of any municipal security will be based upon the Adviser’s assessment of an asset’s relative value in terms of current yield, price, credit quality and future prospects; and the Adviser will monitor the creditworthiness of the Issuer’s portfolio investments and analyze economic, political and demographic trends affecting the markets for such assets. Eligible Assets shall include any municipal securities that at the time of purchase are distressed but paying scheduled principal and interest and that at the time of purchase are in payment default but, in the sole judgment of the Adviser, are expected to produce payments of principal and interest whose present value exceeds the purchase price.
Municipal Securities means senior and unsubordinated debt obligations that are obligations (whether direct or by virtue of guarantees) of U.S. state or municipal issuers whose long-term, unsecured, unsubordinated, debt securities are rated at least “A” (or its equivalent successor rating) in the case of Standard & Poor’s Ratings Group or “A2” (or its equivalent successor rating) in the case of Xxxxx’x Investors Service, Inc., excluding “A” or “A2” rated debt securities of housing and hospital issuers and municipal funds and partnerships where the rating is not based upon the rating of a third-party credit enhancer of such securities.