News Results

  1. AM Best Affirms Credit Ratings of Berkley International Seguros Mexico S.A.
    Business Wire | 06/01/23 06:41 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Seguros Mexico S.A.. The outlook of these Credit Ratings is stable.

  2. KBRA Assigns AA- Rating to the City of Lansing, MI Capital Improvement and Refunding Bonds, Series 2023B; Outlook is Stable
    Business Wire | 06/01/23 06:38 PM EDT

    KBRA assigns a long-term rating of AA- to the City of Lansing, Michigan Capital Improvement and Refunding Bonds, Series 2023B. Key Credit Considerations The rating reflects the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.

  3. AM Best Affirms Credit Ratings of Berkley International Fianzas Mexico S.A.
    Business Wire | 06/01/23 06:16 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Fianzas Mexico S.A.. The outlook of these Credit Ratings is stable.

  4. AM Best Affirms Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries
    Business Wire | 06/01/23 06:00 PM EDT

    AM Best has affirmed the Long-Term Issuer Credit Rating of ?a-? of W. R. Berkley Corporation (WRB) [NYSE: WRB] and all associated Long-Term Issue Credit Ratings and indicative Long-Term IRs for securities issued by W. R. Berkley (WRB). Concurrently, AM Best has assigned an FSR of A+ and a Long-Term ICR of ?aa-? to W. R. Berkley?s newly reinsured affiliate, Berkley Prestige Insurance Company.

  5. Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
    Business Wire | 06/01/23 04:30 PM EDT

    Certain BlackRock closed-end funds announced distributions today as detailed below. BlackRock Floating Rate Income Trust (BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) and BlackRock Debt Strategies Fund, Inc. (DSU) announced increases to their monthly distributions, and BlackRock Taxable Municipal Bond Trust (BBN) announced a decrease to its monthly distribution.

  6. AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Net Insurance S.p.A.
    Business Wire | 06/01/23 11:10 AM EDT

    AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Net Insurance S.p.A.. The outlook assigned to these Credit Ratings is stable.

  7. AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
    Business Wire | 06/01/23 10:00 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.

  8. AM Best Assigns Credit Ratings to GEICO Texas County Mutual Insurance Company
    Business Wire | 06/01/23 09:56 AM EDT

    AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of ?aaa? to GEICO Texas County Mutual Insurance Company.

  9. CSquared brings high-speed connectivity to West Africa with Adtran open optical solution
    Business Wire | 06/01/23 08:00 AM EDT

    News summary: MONROVIA, Liberia---- Adtran (ADTN) today announced that CSquared is using its FSP 3000 open optical transport technology to bring high-speed broadband connectivity to homes and businesses across Liberia. This press release features multimedia. ?In the race to digitalize the global economy, it?s important that Africa doesn?t get left behind.

  10. Nuveen Corporate Income 2023 Target Term Fund Announces Wind-Up Period
    Business Wire | 06/01/23 08:00 AM EDT

    Nuveen Corporate Income 2023 Target Term Fund (JHAA) has entered the wind-up period in anticipation of its termination date. The fund has the investment objective to provide a high level of current income and to return the fund?s original $9.875 net asset value to shareholders at termination. Under normal circumstances, the fund invests at least 80% of its managed assets in corporate debt securities.

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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