News Results

  1. CIO Leadership: The Call for Visionary Leadership in the Face of Global Economic Pressures Will Drive the Discussion at the 2023 Florida CIO Executive Leadership Summit on May 11
    GlobeNewswire | 03/30/23 12:51 PM EDT

    HMG Strategy, the World?s #1 digital platform for enabling technology executives to reimagine the enterprise and reshape the business world, is excited to be hosting its 2023 Florida CIO Executive Leadership Summit at the Margaritaville Resort Orlando on May 11.

  2. Mortgage Rates Decrease for the Third Consecutive Week
    GlobeNewswire | 03/30/23 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage averaged 6.32 percent. ?Economic uncertainty continues to bring mortgage rates down,? said Sam Khater, Freddie Mac?s Chief Economist.

  3. Wolters Kluwer receives Moody?s rating upgrade to A3
    GlobeNewswire | 03/30/23 09:30 AM EDT

    Wolters Kluwer receives Moody?s rating upgrade to A3 Alphen aan den Rijn ? March 30, 2023 ? Moody's Investors Service has upgraded Wolters Kluwer N.V.'s (WOLTF) senior unsecured ratings to A3 from Baa1. According to Moody?s, the upgrade reflects Wolters Kluwer?s ?strong operating performance and credit metrics, as well as its improved business profile and resiliency to economic cycles.

  4. Freddie Mac Issues Monthly Volume Summary for February 2023
    GlobeNewswire | 03/27/23 04:40 PM EDT

    Freddie Mac today posted to its website its Monthly Volume Summary for February 2023, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac?s mission is to make home possible for families across the nation.

  5. Nationwide Survey Finds 48% of Americans Have Less Than $1,000 in Savings, While 20% Have No Savings at All
    GlobeNewswire | 03/27/23 03:00 PM EDT

    Provident Bank, a leading New Jersey-based financial institution, today released results from its 2023 Consumer Spending Survey, which polled 1,000 adults living in the U.S. to determine how consumers are adjusting their personal spending, saving and travel habits.

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.