News Results

  1. CDIAC attempts to close information gap between green bond issuers, investors
    SourceMedia Bond Buyer | 09/20/23 11:15 AM EDT

    The event heavily focused on the kind of and how much disclosure issuers need to offer in order to attract investor interest.

  2. Munis slightly weaker while focus is on primary
    SourceMedia Bond Buyer | 09/13/23 04:11 PM EDT

    There hasn't been a huge return of capital in the muni market so far this year, with fund flows being rather anemic, said Chad Farrington, co-head of municipal bond strategy at DWS Group.

  3. Huntsville Healthcare Authority deal came amid financial rebound
    SourceMedia Bond Buyer | 09/05/23 04:57 PM EDT

    The North Alabama operator priced $190 million of revenue bonds Aug. 29 to support among other things the purchase of an orthopedic physicians' practice.

  4. Fitch U.S. downgrade cuts country's largest public utility
    SourceMedia Bond Buyer | 08/04/23 01:53 PM EDT

    The Tennessee Valley Authority has $19 billion of outstanding bonds and provides power to 10 million people.

  5. Munis largely ignore Fitch downgrade, but wider economic impact unclear
    SourceMedia Bond Buyer | 08/02/23 03:07 PM EDT

    While it's still relatively early to tell how much ? if at all ? the muni market will be impacted, Kara South, portfolio manager at GW&K Investment Management, said downgrades of certain municipal bonds are likely to follow.

  6. PortMiami prepares to issue $500 million of seaport revenue bonds
    SourceMedia Bond Buyer | 08/02/23 01:07 PM EDT

    Proceeds, along with additional monies, will be used to fund the cost of the Royal Caribbean Cruises Ltd. (RCL) campus project as well as a debt service reserve fund.

  7. Munis weaker in spots, USTs better after FOMC meeting
    SourceMedia Bond Buyer | 07/26/23 04:04 PM EDT

    The Investment Company Institute reported investors added $453 million to municipal bond mutual funds in the week ending July 19, after $111 million of inflows the previous week.

  8. Secondary constructive while new deals upsized, see strong demand
    SourceMedia Bond Buyer | 07/19/23 04:06 PM EDT

    The Investment Company Institute reported investors added $111 million to municipal bond mutual funds in the week ending July 12, after $ 23 million of outflows the previous week.

  9. Munis steady, UST yields rise after FOMC minutes show more hikes
    SourceMedia Bond Buyer | 07/05/23 04:12 PM EDT

    The Investment Company Institute reported investors pulled $136 million from municipal bond mutual funds in the week ending June 28, after $338 million of inflows the previous week.

  10. S&P revises outlook on Dallas Fort Worth Airport's A-plus rating to positive
    SourceMedia Bond Buyer | 07/05/23 01:57 PM EDT

    The rating agency said the airport has a one-in-three chance of an upgrade over the two-year outlook period.

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.