News Results

  1. Talen Energy Announces Successful Remarketing of PEDFA Unsecured Municipal Bonds
    PR Newswire | 06/13/24 11:16 AM EDT

    HOUSTON, June 13, 2024 Talen Energy Corporation (TLNE) today announced the successful remarketing of $50,000,000 aggregate principal amount of Pennsylvania Economic Development Finance Authority Exempt Facilities Revenue Refunding Bonds Series 2009B and ?$80,570,000 aggregate principal amount of PEDFA Exempt Facilities Revenue Refunding Bonds Series 2009C.

  2. Genter Capital Management Launches 2 New ETFs
    PR Newswire | 05/24/24 09:30 AM EDT

    Genter Capital's actively managed fixed income ETFs focus on high quality, income-oriented investments in taxable and municipal securities Veteran Portfolio Managers Alex Hall, Brian Pytlewski, Taylor Rudnick, and Paul Ryan to Head the Funds LOS ANGELES, May 24, 2024 /PRNewswire/ -- Genter Capital Management, LLC today announced the listing of the Genter Capital Taxable Quality Intermediate and...

  3. Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends
    PR Newswire | 05/23/24 12:15 PM EDT

    ATLANTA, May 23, 2024 The Board of Trustees authorized several Invesco (IVZ) closed-end funds to declare dividends. Today's announcement is the result of Invesco (IVZ) and the Board's ongoing evaluation of the role distributions have on total return outcomes experienced by our closed-end fund investors. ?. ?. Form 1099-DIV for the calendar year will report distributions for federal income tax purposes.

  4. WHITE MOUNTAINS REPORTS FIRST QUARTER RESULTS
    PR Newswire | 05/09/24 04:01 PM EDT

    HAMILTON, Bermuda, May 9, 2024 White Mountains Insurance Group, Ltd. (WTM) reported book value per share of $1,742 and adjusted book value per share of $1,797 as of March 31, 2024. Manning Rountree, CEO, commented, "We had a good first quarter, with ABVPS up 6%.? Our position in MediaAlpha was a key driver.

  5. S&P Global Sustainable1 Launches Dataset Measuring Climate Risk Exposure of U.S. Municipal Bonds
    PR Newswire | 04/29/24 08:30 AM EDT

    NEW YORK, April 29, 2024 /PRNewswire/ -- S&P Global Sustainable1 announced today the launch of Municipal Climate Physical Risk, a new solution helping investors, local governments, and other market participants navigate critical decisions on climate change.

  6. ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS
    PR Newswire | 04/25/24 04:05 PM EDT

    GAAP Diluted Net Income of $0.67 per Unit Adjusted Diluted Net Income of $0.73 per Unit Cash Distribution of $0.73 per Unit NASHVILLE, Tenn. "Global equity markets continued their strong gains in the first quarter, while bond market returns reflected a more cautious stance on inflation and interest rates," said Seth P. Bernstein, President and CEO of AllianceBernstein.

  7. Israel Bonds Surpasses $3 Billion in Global Sales Since October 7th
    PR Newswire | 04/18/24 02:55 PM EDT

    Unprecedented surge in retail, government and institutional sales offers powerful display of international support for Israel. LOS ANGELES, April 18, 2024 /PRNewswire/ -- Israel Bonds has surpassed $3 billion in global sales in the six months since the?Hamas terrorist attacks of October 7th ? a sum almost three times the company's average annual sales volume in recent years.

  8. HOME BANCORP, INC. ANNOUNCES 2024 FIRST QUARTER RESULTS AND DECLARES QUARTERLY DIVIDEND
    PR Newswire | 04/17/24 05:14 PM EDT

    LAFAYETTE, La., April 17, 2024 Home?Bancorp, Inc., the parent company for Home Bank, N.A., reported financial results for the first quarter of 2024. First Quarter 2024 Highlights Loans Loans totaled $2.6 billion at March?31, 2024, up $40.1 million, or 2%, from December?31, 2023. The average loan yield was 6.18% for the first quarter of 2024, up 10 basis points, from the fourth quarter of 2023.

  9. Whistleblower Secures $70MM Settlement for Alleged Municipal Bond Fraud and Price-Fixing
    PR Newswire | 03/21/24 10:00 AM EDT

    It is the largest reported recovery ever under the Illinois False Claims Act CHICAGO, March 21, 2024 ?A $70 million settlement in a whistleblower lawsuit against eight of the nation's largest banks has been finalized and executed, making it the largest reported settlement ever under the Illinois False Claims Act.

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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