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  1. BRIEF-Fannie Mae Appoints Data Science And Technology Executive Diane Lye To Its Board Of Directors
    Reuters | 05/14/24 04:19 PM EDT

    Federal National Mortgage Association (FNMA) : * FANNIE MAE APPOINTS DATA SCIENCE AND TECHNOLOGY EXECUTIVE DIANE N. LYE TO ITS BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

  2. US home prices jump by most in nearly two years in February, FHFA says
    Reuters | 04/30/24 09:03 AM EDT

    - U.S. home prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday, reflecting the effects that lean home supply continue to have on the nation's housing market. Prices climbed 1.2% in February from January, the largest month-to-month increase since April 2022, the Federal Housing Finance Agency said in its monthly report on home prices.

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.