News Results

  1. Waste Pro USA, Inc. Announces Closing of $50.0 million of Remarketed Solid Waste Disposal Revenue Bonds
    PR Newswire | 08/01/22 02:37 PM EDT

    LONGWOOD, Fla. The remarketing consisted of $32.5 million of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds, Series 2017, and $17.5 million of Mississippi Business Finance Corporation Solid Waste Disposal Revenue Bonds, Series 2017.

  2. Federated Hermes, Inc. agrees to acquire the $3.63 billion investment advisory business of C.W. Henderson, a specialist in municipal-bond separately managed accounts
    PR Newswire | 07/18/22 08:31 AM EDT

    PITTSBURGH, July 18, 2022 Federated Hermes (FHI), Inc., a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor specializing in the management of tax-exempt municipal securities.

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.