News Results

  1. iShares? iBonds Dec 2022 Term Muni Bond ETF Nears Final Distribution Date
    Business Wire | 09/30/22 05:45 PM EDT

    BlackRock (BLK) announced today the planned termination of the iShares iBonds Dec 2022 Term Muni Bond ETF.

  2. KBRA Releases Report Assigning AA+ Rating with Stable Outlook to North Slope Borough, Alaska General Obligation Bonds, Series 2022A (General Purpose), 2022B (Schools) and 2022C (Public Housing); Affirms Parity Debt
    Business Wire | 09/29/22 05:16 PM EDT

    On September 28, 2022 KBRA assigned a long-term rating of AA+ with a Stable Outlook to the North Slope Borough, Alaska: General Obligation Bonds, Series 2022A; General Obligation Bonds, Series 2022B; and, General Obligation Bonds, Series 2022C. Click here to view the report.

  3. BNY Mellon Municipal Bond Closed-end Funds Declare Distributions
    Business Wire | 09/29/22 04:07 PM EDT

    BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below.

  4. Schwab to Launch the Schwab Municipal Bond ETF
    Business Wire | 09/28/22 09:00 AM EDT

    Schwab Asset Management, the asset management arm of The Charles Schwab Corporation (SCHW), today announced the launch of the Schwab Municipal Bond ETF. With an expense ratio of 0.03%, the Schwab Municipal Bond ETF comes to market at a lower cost than comparable funds1.

  5. KBRA Releases Report Assigning AA+ Rating and Stable Outlook to the City of New York General Obligation Bonds, Fiscal 2023 Series B, Subseries B-1, and Taxable General Obligation Social Bonds, Fiscal 2023 Series B, Subseries B-2
    Business Wire | 09/26/22 10:32 AM EDT

    On September 23, 2022, KBRA assigned the long-term rating of AA+ with a Stable Outlook to the City of New York?s General Obligation Bonds, Fiscal 2023 Series B, Subseries B-1, and Taxable General Obligation Social Bonds, Fiscal 2023 Series B, Subseries B-2. Click here to view the report.

  6. KBRA Releases Report Assigning AA Rating with Stable Outlook to Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022 (Asset Improvement Program)
    Business Wire | 09/22/22 01:57 PM EDT

    On September 20, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022. Click here to view the report.

  7. AM Best Downgrades Issuer Credit Rating of Grange Life Insurance Company; Affirms Credit Ratings of Kansas City Life Insurance Company and Its Subsidiary
    Business Wire | 09/21/22 04:04 PM EDT

    AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Grange Life Insurance Company. The ratings of Grange Life reflect its balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.

  8. KBRA Issues Report Assigning AA- Rating and Stable Outlook to The Turnpike Authority of Kentucky Economic Development Road Revenue Bonds (Revitalization Projects) 2022 Series B
    Business Wire | 09/20/22 01:58 PM EDT

    On September 19, KBRA assigned a long-term rating of AA- with a Stable Outlook to the Turnpike Authority of Kentucky Economic Development Road Revenue Bonds 2022 Series B. Concurrently, KBRA affirmed the AA- rating and Stable Outlook on the Authority?s outstanding Economic Development Road Revenue Bonds. Click here to view the report.

  9. Hercules Receives a BBB+ Reaffirmed Investment Grade Corporate Rating from Kroll Bond Rating Agency, Inc.
    Business Wire | 09/13/22 06:00 AM EDT

    Hercules Capital, Inc. (HTGC), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. has reaffirmed Hercules? investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing ...

  10. KBRA Releases Report Assigning AAA Rating, Stable Outlook to State of Wisconsin G.O. Refunding Bonds
    Business Wire | 09/09/22 05:29 PM EDT

    On September 8, 2022, KBRA assigned a long-term rating of AAA, with a Stable Outlook to the State of Wisconsin?s General Obligation Refunding Bonds of 2022, Series 3. Concurrently, KBRA affirmed the long-term AAA rating with a Stable Outlook on the outstanding G.O. Bonds; the short-term K1+ rating on the G.O. Commercial Paper Program and G.O. Extendible Municipal Commercial Paper Program; and t...

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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