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.

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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