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Reuters
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09:44 AM EDT
The U.S. Supreme Court declined on Monday to hear a bid by Bank of America (BAC) and seven other major financial institutions to prevent American cities from banding together in a $12 billion class action accusing them of artificially inflating interest rates on a popular municipal bond.
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Reuters
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09:39 AM EDT
The U.S. Supreme Court declined on Monday to hear a bid by Bank of America (BAC) and seven other major financial institutions to prevent American cities from banding together in a $12 billion class action accusing them of artificially inflating interest rates on a popular municipal bond.
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Reuters
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04/17/26 05:02 PM EDT
Xtrackers California Municipal Bond ETF: * DWS ANNOUNCES LIQUIDATION OF TWO XTRACKERS ETFS Source text: Further company coverage:
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Reuters
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04/15/26 06:04 PM EDT
abrdn National Municipal Income
Fund (VFL): * ABRDN NATIONAL MUNICIPAL INCOME FUND ANNOUNCES REMOVAL OF NON-FUNDAMENTAL INVESTMENT POLICY RESTRICTING INVESTMENTS IN HIGH-YIELD MUNICIPAL SECURITIES. * abrdn National Municipal Income
Fund (VFL) - POLICY REMOVAL EFFECTIVE JUNE 1, 2026.
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Reuters
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04/02/26 05:35 PM EDT
BNY Mellon Municipal Bond
Infrastructure Fund Inc (DMB): * BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. ANNOUNCES DISTRIBUTION Source text: Further company coverage:
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Reuters
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03/26/26 10:38 AM EDT
FNB Corp (FNB): * FNB EXPANDS PUBLIC FINANCE CAPABILITIES WITH MUNICIPAL BOND UNDERWRITING Source text: Further company coverage:
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Reuters
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03/03/26 04:53 PM EST
BNY Mellon Municipal Bond
Infrastructure Fund Inc (DMB): * BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. ANNOUNCES DISTRIBUTION Source text: Further company coverage:
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Reuters
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02/25/26 10:58 PM EST
The University of California sold about $2 billion worth of general revenue bonds in the municipal market on Wednesday while U.S. President Donald Trump attempts a crackdown on the educational institution and other top schools. "The Regents continue to monitor the federal government's actions with respect to the higher education sector and, in particular, the university," a bond document said.
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Reuters
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02/03/26 04:24 PM EST
?BNY ?Mellon ?Municipal ?Bond Infrastructure ?Fund ?Inc: * ?BNY ?MELLON ?MUNICIPAL BOND ?INFRASTRUCTURE ?FUND, ?INC. ANNOUNCES ?DISTRIBUTION Source ?text: Further company ?coverage:
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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