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Why It Matters: Barclays Withdraws from a Prison Financing Deal


Why It Matters: Barclays Withdraws from a Prison Financing Deal
May 10, 2021
Last month the American Sustainable Business Council (ASBC) and Social Venture Circle (SVC) announced that we terminated the membership of and were refunding dues paid by Barclays. This was first-of-its-kind decision for our organizations and one we did not take lightly. This resulted from Barclays’ decision to participate in a prison financing deal in Alabama, which violates our membership criteria by making investments that perpetuate systemic racism and inequity, instead of driving positive change.
Barclays may have viewed their role as underwriting the deal as separate from their direct investment in the prison construction or operations; nevertheless, for us, our membership, and the values on which we advocate, we did not distinguish the difference as meaningful. Regardless of any distinction, the outcome of the deal was to be more investment in an unjust incarceration system. Meanwhil ....

United States , State Of Alabama , Christina Hollenback , Alabama Department Of Corrections , Wisconsin Public Finance Authority , American Sustainable Business Council , Social Venture Circle , Justice Capital , Alabama Department , Wisconsin Public Finance , ஒன்றுபட்டது மாநிலங்களில் , நிலை ஆஃப் அலபாமா , அலபாமா துறை ஆஃப் திருத்தங்கள் , விஸ்கான்சின் பொது நிதி அதிகாரம் , அமெரிக்கன் நிலையான வணிக சபை , சமூக துணிகர வட்டம் , அலபாமா துறை ,

AllianceBernstein National Municipal Income Fund Releases Monthly Portfolio Update


AllianceBernstein National Municipal Income Fund Releases Monthly Portfolio Update
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NEW YORK, April 26, 2021 /PRNewswire/ AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (the Fund ) today released its monthly portfolio update as of March 31,2021.
AllianceBernstein National Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings
2.50%
2.17%
2.03%
1.73%
1.68%
1.63%
1.60%
1.53%
1.51%
10) Miami Beach Health Facilities Authority  (Mount Sinai Medical Center of Florida, Inc.)  Series 2014  5.00%, 11/15/39
1.47%
35.07%
$15.29
6%
The total percentage of leverage constitutes 3.96% through the use of tender option bonds, 35.07%  in issued and outstanding VMTPs and 0.00% in investment operations, which may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, rever ....

United States , District Of Columbia , Jefferson County , West Virginia , South Carolina , Los Angeles , New York , New Hampshire , North Carolina , Puerto Rico , New Jersey , Miami Beach , Detroit Downtown Development Authority , Miami Beach Health Facilities Authority , Alliancebernstein National Municipal Income Fund Inc , Goldman Sachs Group Inc , Wisconsin Public Finance Authority , Bank Borrowing , Income Holdings , Transportation Authority Ded Tax , Fund Leverage , Number Of Holdings , Tobacco Settlement Financing Corp , Florida Inc , Investment Companies , Industrial Development ,