News Results

  1. Vectra Bank Welcomes New Municipal Finance Relationship Manager
    PR Newswire | 10/14/21 12:24 PM EDT

    DENVER, Oct. 13, 2021 ?Vectra Bank Colorado is pleased to welcome Ryan Morrill to the municipal finance team. Morrill will collaborate with governmental entities, municipal advisers, bond attorneys, trustees and governmental associations to identify, structure and fund tax-exempt and taxable transactions to meet capital needs.

  2. Vanguard Expands Active Roster with Launch of Core-Plus Bond Fund
    PR Newswire | 10/12/21 09:57 AM EDT

    VALLEY FORGE, Pa., Oct. 12, 2021 Vanguard today launched the actively managed Vanguard Core-Plus Bond Fund, which seeks to offer clients a broadly diversified, single-fund, core fixed income portfolio invested primarily in U.S. Treasury, mortgage-backed, and other U.S. investment-grade securities.

  3. Corporate and Municipal CUSIP Request Volumes Slow in August
    PR Newswire | 09/20/21 10:34 AM EDT

    NEW YORK, Sept. 20, 2021 CUSIP Global Services? today announced the release of its CUSIP Issuance Trends Report for August 2021. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly decrease in request volume for new corporate and municipal identifiers.

  4. Bitvore Announces Availability of Cellenus? ESG Dataset for the Municipal Bond Market
    PR Newswire | 09/14/21 08:40 AM EDT

    IRVINE, Calif. ESG refers to the three central factors in measuring the sustainability and societal impact of municipal bond debt issuances. "We're excited to announce our new Bitvore Cellenus ESG Dataset for the municipal bond market," said Elizabeth Pritchard, CEO, Bitvore.

  5. Manulife Investment Management fortifies fixed-income capabilities with new head of municipal bond strategies
    PR Newswire | 09/08/21 05:11 PM EDT

    Names Adam Weigold, CFA, senior managing director, senior portfolio manager and head of the municipal fixed-income team TSX/NYSE/PSE: MFC???? SEHK: 945 BOSTON, Sept. 8, 2021 /PRNewswire/ -?Manulife Investment Management today announced the appointment of Adam A. Weigold, CFA, senior managing director, senior portfolio manager, and head of its municipal fixed-income team, effective today.

  6. MIA and PortMiami earn upgraded outlooks from top bond ratings agencies
    PR Newswire | 08/12/21 02:27 PM EDT

    MIAMI, Aug. 12, 2021 ?On August 3, Fitch Ratings upgraded its outlook for Miami International Airport's and PortMiami's general revenue bonds from negative to stable, making it the third top rating agency this year to improve the outlook for MIA and PortMiami because of their recovery from the pandemic.

  7. Westminster College Announces Closing Of $13,010,000 Bond Financing
    PR Newswire | 08/11/21 01:30 PM EDT

    FULTON, Mo., Aug. 11, 2021 ?Westminster College announced the successful closing of its $13,010,000 Series 2021 Bonds issued through the Industrial Development Authority of Callaway County, MO, on July 29, 2021. The Series 2021 Bonds are a combination of tax-exempt and taxable revenue bonds. The College, located in Fulton, MO, is a nonprofit corporation and operates a private four-year college.

  8. Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings
    PR Newswire | 07/29/21 08:55 AM EDT

    PITTSBURGH, July 29, 2021 Federated Hermes Premier Municipal Income Fund (FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax, by investing in municipal securities from different sectors, states and issuers across the country.

  9. Franklin Financial Reports 2021 Q2 Earnings; Declares Dividend
    PR Newswire | 07/27/21 04:30 PM EDT

    CHAMBERSBURG, Pa., July 27, 2021 ?Franklin Financial Services Corporation (FRAF), the bank holding company of F&M Trust,?reported consolidated earnings of $5.3 million for the second quarter ended June 30, 2021, compared to $3.1?million for the second quarter ended June 30, 2020, and $4.8?million for the first quarter of 2021.

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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