NEW YORK, Aug. 13, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of shares of the Easterly ROCMuni High Income Municipal Bond Fund f/k/a Principal Street High Income Municipal Fund (the "Fund") (tickers: RMJAX, RMHVX, RMHIX), between May...
Related Questions
Are there any indications that the fund’s underlying municipal bond portfolio could be forced to sell assets, affecting yields and credit quality?
How does this legal risk compare to similar litigation faced by other municipal bond funds or closed‑end funds?
How will the lawsuit affect the net asset value (NAV) and liquidity of the Easterly ROCMuni High Income Municipal Bond Fund (RMJAX, RMHVX, RMHIX)?
What potential settlement scenarios or judgments could impact the fund’s holdings and expense ratio?
How might this legal action influence investor redemption flows and the fund’s cash position?
Will the lawsuit trigger any changes in the fund’s management or advisory fees that could affect performance?
What is the timeline for the lawsuit’s resolution, and how could interim developments move the market?
Could the publicity around the lawsuit lead to rating agency reviews or changes in the fund’s credit ratings?
What impact might this have on the broader municipal bond market sentiment and spreads?
Should we adjust our exposure to the fund or consider alternative high‑income municipal bond vehicles in response?