News Results

  1. Federal Home Loan Bank of Dallas and Centinel Bank of Taos Award $30K Grant to Taos Housing Partnership
    Business Wire | 11/20/24 05:47 PM EST

    Funds to Assist Preservation of Affordable Housing and Community Education. Representatives from the Federal Home Loan Bank of Dallas and Centinel Bank of Taos awarded $30,000 in Partnership Grant Program funding to the Taos Housing Partnership to promote economic development in Taos, New Mexico. This press release features multimedia.

  2. FHLB Dallas Makes $250K Charitable Donation to Help Flooded New Mexico Region
    Business Wire | 11/19/24 07:47 PM EST

    Funds Will Assist Residents and Areas Impacted by Natural Disaster in Chaves County The Federal Home Loan Bank of Dallas has provided a $250,000 charitable donation to Community Foundation of Southern New Mexico to assist with recovery from flooding in Roswell, New Mexico.

  3. The Schwab Mortgage-Backed Securities ETF (SMBS) Starts Trading
    Business Wire | 11/19/24 09:00 AM EST

    Schwab Asset Management?, the asset management arm of The Charles Schwab Corporation (SCHW), announced the Schwab Mortgage-Backed Securities ETF (SMBS) began trading today. With an expense ratio of 0.03%, the Schwab Mortgage-Backed Securities ETF (SMBS) is priced in line with the lowest-priced peer ETFs based on the U.S. Mortgage Lipper category1.

  4. FHLBank Chicago Invests Over $27 Million to Support Small Businesses in Illinois and Wisconsin
    Business Wire | 11/19/24 08:05 AM EST

    More than 700 small businesses receive support through grants and discounted lending programs in 2024. In recognition of Small Business Saturday on November 30, the Federal Home Loan Bank of Chicago today announced it has invested over $27 million through its Community First? Accelerate Grants for Small Business and its Community Small Business Advance throughout 2024.

  5. Federal Home Loan Bank of Dallas and Veritex Community Bank Award $33.5K to Two Houston Community Development Organizations
    Business Wire | 11/18/24 06:19 PM EST

    Grants Will Be Used to Educate Homeowners and Transform Damaged Properties. Representatives from the Federal Home Loan Bank of Dallas joined Veritex Community Bank to award $12,500 in Partnership Grant Program funding to Credit Coalition and $21,000 to the Houston Land Bank Fund to help promote economic development in Houston, Texas. This press release features multimedia.

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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