News Results

  1. DWS?s RREEF Property Trust Closes on $30.9 Million Real Estate Credit Investment in Multifamily Sector
    Business Wire | 11/30/22 01:09 PM EST

    RREEF Property Trust, Inc., a publicly registered, daily NAV REIT that is advised by DWS through an affiliate, has acquired a 100 percent interest in the Class D Certificate and the related interest-only securities of a fixed rate Freddie Mac Multifamily CMBS Securitization known as FREMF 2021-K150 for a total investment of approximately $30.9 million.

  2. Bank of Charles Town Receives 2022 FHLBank Pittsburgh Diversity, Equity and Inclusion Membership Award; Group Tours Facility of Banking On Diversity Funding Recipient
    Business Wire | 11/30/22 12:36 PM EST

    Today, the Federal Home Loan Bank of Pittsburgh announced that Bank of Charles Town received the inaugural 2022 FHLBank Diversity, Equity and Inclusion Membership Award for their Banking On Diversity program. This press release features multimedia.

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.