News Results

  1. Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends
    PR Newswire | 09/03/24 12:15 PM EDT

    ATLANTA, Sept. 3, 2024 The Board of Trustees of each of the Invesco closed-end funds listed below declared dividends. ?. Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.

  2. Tower Health Announces Offer to Exchange and Consent Solicitation
    PR Newswire | 08/16/24 10:05 PM EDT

    WEST READING, Pa., Aug. 16, 2024 Tower Health today announced that it has commenced an offer to exchange all or any portion of certain outstanding debt securities issued by or on behalf of Tower Health described in the table below for a specified amount of new bonds to be issued by The Berks County Municipal Authority, as identified in the table below.

  3. Vanguard to Bolster Active Fixed Income Lineup with Two Active Municipal ETFs
    PR Newswire | 08/16/24 09:24 AM EDT

    VALLEY FORGE, Pa., Aug. 16, 2024 ?Vanguard today announced plans to introduce Vanguard Core Tax-Exempt Bond ETF and Vanguard Short Duration Tax-Exempt Bond ETF, two active municipal ETFs that will be managed by Vanguard Fixed Income Group.

  4. Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends
    PR Newswire | 08/01/24 12:00 PM EDT

    ATLANTA, Aug. 1, 2024 The Board of Trustees of each of the Invesco (IVZ) closed-end funds listed below declared dividends. ?. ?. Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.

  5. Ferrovial reached $447 million net profit in the first half of the year
    PR Newswire | 07/30/24 09:15 PM EDT

    AMSTERDAM, July 30, 2024 /PRNewswire/ --?Ferrovial, a leading global infrastructure company, reported a $447 million net profit for the first half of 2024, compared with $123 million in the same period of 2023, driven by strong operating performance across all business areas.

  6. Fundamental Forms Strategic Partnership with New Municipal Bond-Focused Originator, V2 Municipal Capital
    PR Newswire | 07/24/24 11:30 AM EDT

    NEW YORK and DALLAS, July 24, 2024 V2 Municipal Capital, a sourcing company for high-yield tax-exempt and taxable municipal bonds, and Fundamental Advisors, an established alternative asset manager focused on municipal, public purpose and community assets, today announced that they have entered a partnership to launch V2MC as an independent firm.

  7. SWBC Investment Services Co-Manages a $155M Unlimited Tax School Building Bond, Series 2024
    PR Newswire | 07/24/24 08:30 AM EDT

    Texas-based firm issues bond to make a difference for Weslaco ISD students SAN ANTONIO, July 24, 2024 /PRNewswire/ -- SWBC Investment Services, LLC, announced it was named a Co-Manager on the Weslaco Unlimited Tax School Building Bond, Series 2024.

  8. AMERICAN CENTURY LAUNCHES CALIFORNIA MUNICIPAL BOND ETF
    PR Newswire | 07/18/24 10:36 AM EDT

    KANSAS CITY, Mo., July 18, 2024 American Century Investments, the $250 billion global asset manager*, expands its investment capabilities with the launch of its first California municipal bond exchange traded fund.

  9. Betterment and Goldman Sachs Launch Industry-First Tax-Smart Bonds Portfolio
    PR Newswire | 07/18/24 10:30 AM EDT

    Betterment to Personalize Strategies for Investors Seeking After-Tax Yield NEW YORK, July 18, 2024 Betterment and?Goldman Sachs Asset Management are excited to announce the launch of the Goldman Sachs Tax-Smart Bonds portfolio.

  10. Goodwin University and University of Bridgeport Issue Tax-Exempt Social Bonds to Improve Access to Education for Underserved and Low-Income Students
    PR Newswire | 07/17/24 02:49 PM EDT

    BRIDGEPORT, Conn. and EAST HARTFORD,?Conn. The bonds will be used to finance facility improvements for academic and technical education as well as affordable housing for non-traditional students.

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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