News Results

  1. 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.

    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.

  3. 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.

  4. Federated Hermes earns two LSEG Lipper Fund Awards
    PR Newswire | 03/14/24 09:11 AM EDT

    PITTSBURGH, March 14, 2024 /PRNewswire/ -- Federated Hermes, Inc. (FHI), a global leader in active, responsible investing, today announced that Federated Hermes Muni & Stock Advantage Fund and Federated Hermes SDG Engagement Equity Fund were recognized by the 2024 LSEG Lipper Fund Awards for consistently strong risk-adjusted three-year performance.

  5. BondBloxx and IR+M Launch New Fixed Income ETF (TAXX) that Aims to Maximize After-Tax Income
    PR Newswire | 03/14/24 08:45 AM EDT

    Partnership between two leaders in fixed income investing brings IR+M's institutional investment heritage and tax-aware strategy to the broader marketplace for the first time Designed for investors seeking core bond exposures, TAXX aims to maximize after-tax income by optimizing across a wider opportunity set of short duration municipal and taxable bonds LARKSPUR, Calif. and BOSTON, March 14, 2...

    PR Newswire | 02/07/24 08:00 AM EST

    HAMILTON, Bermuda, Feb. 7, 2024 White Mountains Insurance Group, Ltd. (WTM) reported book value per share of $1,656 and adjusted book value per share of $1,704 as of December 31, 2023. Manning Rountree, CEO, commented, "We had a strong fourth quarter to cap off a good year.

  7. Vanguard Launches Two Tax-Exempt Bond ETFs
    PR Newswire | 01/30/24 09:00 AM EST

    VALLEY FORGE, Pa., Jan. 30, 2024 Vanguard today launched Vanguard Intermediate-Term Tax-Exempt Bond ETF and Vanguard California Tax-Exempt Bond ETF, two index municipal bond ETFs managed by Vanguard Fixed Income Group.

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.