News Results

  1. Mexico arrests local security chief for murder of Chilpancingo mayor
    Reuters | 11/12/24 08:12 PM EST

    Mexican law enforcement announced on Tuesday the arrest of a top municipal security official for the assassination of the mayor of the capital of the violence-plagued state of Guerrero. The murder and decapitation of Chilpancingo Mayor Alejandro Arcos shocked the country, coming just days after he took office.

  2. KBRA Places the City of Chicago, IL G.O. Bonds on Watch Downgrade; Assigns "A" Rating to the City's G.O. Bonds, Refunding Series 2024B and Taxable Refunding Series 2024C
    Business Wire | 11/12/24 06:01 PM EST

    KBRA places the City's G.O. Bond rating on Watch Downgrade and assigns a long-term rating of "A" to the City of Chicago?s General Obligation Bonds, Refunding Series 2024B and Taxable Refunding Series 2024C. Concurrently, KBRA affirms the long-term rating of "A" on the City's outstanding General Obligation Bonds.

  3. KBRA Assigns Long-Term Rating of AA- to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024B; Outlook Stable
    Business Wire | 11/12/24 05:44 PM EST

    KBRA assigns a long-term rating of AA- with a Stable Outlook to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024B. The Second Lien Wastewater bonds are limited obligations of the City of Chicago, payable solely from a second lien on net revenues of the sewer revenue fund.

  4. Muni returns in the black, outperforming USTs in November
    SourceMedia Bond Buyer | 11/12/24 04:16 PM EST

    Municipals ignored USTs losses, leading to lower muni to UST ratios and adding to the better performance across the curve and credit spectrum.

  5. KBRA Assigns AAA Rating to State of Connecticut Special Tax Obligation Bonds, Transportation Infrastructure Purposes 2024 Series A and Refunding Bonds 2024 Series B; Affirms Rating for Outstanding Bonds
    Business Wire | 11/12/24 02:37 PM EST

    KBRA assigns a long-term rating of AAA to the State of Connecticut Special Tax Obligation Bonds, Transportation Infrastructure Purposes, 2024 Series A and Special Tax Obligation Refunding Bonds, Transportation Infrastructure Purposes, 2024 Series B. KBRA additionally affirms the long-term rating of AAA for the State's outstanding Special Tax Obligation Bonds, Transportation Infrastructure Purpo...

  6. Public finance leaders brace for Trump transition
    SourceMedia Bond Buyer | 11/12/24 01:32 PM EST

    Numerous vital issues are on the docket for the new Trump administration.

  7. MSRB seeks volunteers for technology, compliance groups
    SourceMedia Bond Buyer | 11/12/24 11:31 AM EST

    The board has launched the new Technology Advisory Group and relaunched the Compliance Advisory Group and is seeking volunteers for both.

  8. Form SC TO-C EATON VANCE MUNICIPAL Filed by: EATON VANCE MUNICIPAL BOND FUND
    EDGAR SEC Filings | 11/12/24 09:32 AM EST

    http://archive.fast-edgar.com/20241112/AB2S8222Z222Q2Z2222J224CPNSNZC22L262 Filed on: November 12, 2024.

  9. Eaton Vance Municipal Bond Fund Announces Tender Offer to Purchase up to 5% of Outstanding Shares
    Business Wire | 11/12/24 09:10 AM EST

    Eaton Vance Municipal Bond Fund (EIM) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund?s then-outstanding common shares if, during the four-month measurement period beginning July 9, 2024 through November 8, 2024, the Fund?s common shares trade at an average discount to net asset value of more than 7.5%. The Fund has determined that the conditions of the First T...

  10. Private jet operator Million Air preps high-yield borrowing
    SourceMedia Bond Buyer | 11/12/24 07:55 AM EST

    The borrower is planning to use a convertible taxable "Cinderella" structure in the wake of a delay in securing tax exemption for a chunk of the deal.

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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