Muni masterclass: Expert opinions

BY SourceMedia | MUNICIPAL | 12/01/23 12:01 AM EST

Is now an enticing time to invest in municipal bonds? Join a panel of experts for a discussion about factors investors should consider, including the impact of monetary policy moving forward, the potential repercussions of hybrid work arrangements becoming more permanent, and more. Featuring BAM Chief Credit Officer Suzanne Finnegan, Hilltop's Tom Kozlik, and Allspring's Nicholos Venditti.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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