News Results

  1. Application Window Now Open for The Sallie Mae Fund?s Completing the Dream Scholarship Program
    Business Wire | 02:00 PM EDT

    The Sallie Mae Fund, in Partnership with Thurgood Marshall College Fund, to Provide up to $650,000 in Scholarships for AY2022-23 Scholarships Designed to Remove Financial Obstacles to College Completion for Students From Historically Underserved Communities NEWARK, Del. This press release features multimedia.

  2. AIR Issues $400 Million of Senior Unsecured Notes
    Business Wire | 09:00 AM EDT

    Apartment Income REIT Corp. (AIRC) today announced the issuance of three tranches of guaranteed, senior unsecured notes, totaling $400 million at a weighted average effective interest rate of 4.3%, inclusive of a previously placed treasury lock, and a weighted average maturity of eight years. Proceeds from the offering were used to repay borrowings under the revolving credit facility.

  3. Rapaport Press Release: Diamond Prices Slide Amid Economic Uncertainty
    Business Wire | 07:13 AM EDT

    1ct. Diamond market sentiment received a boost from the Las Vegas shows, which demonstrated robust US demand. The RapNet Diamond Index for 1-carat diamonds slid 1.8% in June but increased 7.4% between the beginning of the year and July 1. Trading in Las Vegas reflected jewelers? strong liquidity after a profitable 2021.

  4. Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
    Business Wire | 07/01/22 02:26 PM EDT

    The following Eaton Vance closed-end funds announced distributions today as detailed below. Declaration ? 7/1/2022 ????Ex-Date ? 7/21/2022 ????Record ? 7/22/2022 ????Payable ? 7/29/2022. Municipal Bond Funds: Fund Ticker ?. Distribution ?. Change From Prior Distribution ?. Closing Market Price ? 6/30/22 ?. Distribution Rate at Market Price Eaton Vance California Municipal Bond Fund. EVM.

  5. Enviva Prices $250 Million in Tax-Exempt Green Bonds
    Business Wire | 06/30/22 04:53 PM EDT

    Enviva Inc. (EVA) today announced that it has priced $250,000,000 of bonds in the U.S. tax-exempt market through the Industrial Development Authority of Sumter County, Alabama. Use of Proceeds Enviva (EVA) estimates that the net proceeds of this Offering will be $246,000,000, after deducting the underwriters? discount and other transaction-related costs.

  6. BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
    Business Wire | 06/29/22 04:24 PM EDT

    BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below.

  7. KBRA Releases Report Assigning AAA Rating to Commonwealth of Massachusetts Unemployment Insurance Trust Fund 2022 Series A and 2022 Series B; Outlook is Stable
    Business Wire | 06/29/22 03:06 PM EDT

    On June 24, 2022 KBRA assigned a long-term rating of AAA with a Stable Outlook to the Commonwealth of Massachusetts Special Obligation Revenue Bonds 2022 Series A and Special Obligation Revenue Bonds 2022 Series B. Click here to view the report.

  8. AM Best Affirms Credit Ratings of Thrivent Financial for Lutherans
    Business Wire | 06/29/22 02:47 PM EDT

    AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of ?aa+? of Thrivent Financial for Lutherans. The ratings reflect Thrivent?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.

  9. Pentair Prices $400 Million Senior Notes Offering
    Business Wire | 06/28/22 04:36 PM EDT

    Pentair plc (PNR) announced today that Pentair Finance S.? r.l., a wholly-owned subsidiary of Pentair (PNR), priced a public offering of $400.0 million of 5.900% senior notes due 2032.

  10. U.S. Home Prices Post Record Gains in May, Face Stronger Headwinds, Reveals homegenius Home Price Index
    Business Wire | 06/28/22 04:30 PM EDT

    Home prices across the United States set a new all-time record for price appreciation, rising at an annualized rate of 18.0 percent in May 2022 from April 2022, according to homegenius Home Price Index data released today by homegenius Real Estate LLC, a Radian Group Inc. (RDN) company. 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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