News Results

  1. WHITE MOUNTAINS REPORTS FOURTH QUARTER RESULTS
    PR Newswire | 02/07/24 08:00 AM EST

    HAMILTON, Bermuda, Feb. 7, 2024 White Mountains Insurance Group, Ltd. (WTM) reported book value per share of $1,656 and adjusted book value per share of $1,704 as of December 31, 2023. Manning Rountree, CEO, commented, "We had a strong fourth quarter to cap off a good year.

  2. Vanguard Launches Two Tax-Exempt Bond ETFs
    PR Newswire | 01/30/24 09:00 AM EST

    VALLEY FORGE, Pa., Jan. 30, 2024 Vanguard today launched Vanguard Intermediate-Term Tax-Exempt Bond ETF and Vanguard California Tax-Exempt Bond ETF, two index municipal bond ETFs managed by Vanguard Fixed Income Group.

  3. The New Terminal One at JFK concludes successful refinancing with $2 billion Green Bonds issuance
    PR Newswire | 12/06/23 11:32 AM EST

    NEW YORK, Dec. 6, 2023 The New Terminal One at New York John F. Kennedy International Airport has announced a successful $2 billion bonds issuance, following a strong reception from the investor community. The Series 2023 Special Facilities Revenue Bonds were upsized by $500 million due to investor demand.

  4. Mesirow Institutional Sales & Trading Experts Bing Hsu, Ph.D., CFA, and Mark Whitaker, CFA, Recognized in Smith's 2023 All-Star Third Team
    PR Newswire | 12/06/23 11:00 AM EST

    CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced the selection of Bing Hsu, Ph.D., CFA, and Mark Whitaker, CFA in Mesirow Institutional Sales & Trading, to Smith's 2023 All-Star Third Team in the Sellside Director of Research Category. Smith's All-Star Team recognizes the brightest analysts of Tax-Free Municipal Bonds.

  5. Nuveen Launches Innovative Multi-Asset, Custom Direct Indexing Portfolio
    PR Newswire | 12/06/23 08:00 AM EST

    Strategy Combines Equities and Municipal Bonds in a Single Custodian Account NEW YORK, Dec. 6, 2023 /PRNewswire/ --?Nuveen, the investment manager of TIAA, has launched the Nuveen Tax Advantaged Balanced portfolio, which combines investment-grade municipal bonds and equities, featuring regular monitoring for automated tax-loss harvesting and rebalancing opportunities across both asset class sle...

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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