Eaton Vance California Municipal Bond Fund (EVM) and Eaton Vance New York Municipal Bond Fund (ENX) announced the results of each Fund?s Annual Meeting of Shareholders, which was convened on September 9, 2024 and adjourned to September 30, 2024, for the election of three members of the Fund?s board of trustees to serve three-year terms ending in 2027.
KBRA assigns an A+ rating, with a Stable Outlook to General Airport Senior Lien Revenue Refunding Bonds, Series 2024C and Series 2024D; and General Airport Senior Lien PFC Revenue Refunding Bonds, Series 2024E and Series 2024F to be issued by the City of Chicago on behalf of Chicago O'Hare International Airport.
Holistic Emissions Data Now Available for Municipal Bonds, Mortgage-backed Securities and Real Estate, as well as Corporate and Sovereign Bonds Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced the launch of a multi-asset class climate transition risk solution, which provides emissions estimates and portfolio analytics across various fixed income...
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Kansas City Life Insurance Company [OTCQX: KCLI]. Additionally, AM Best has revised the outlook of the Long-Term ICR to stable from negative and affirmed the FSR of B++ and the Long-Term ICR of ?bbb+? of Old American Insurance Company, a who...
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0300 per share of common stock, payable on November 1, 2024 to shareholders of record at the close of business on October 18, 2024. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.
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.