News Results

  1. Puerto Rico's 2014 GO bond has rallied
    SourceMedia Bond Buyer | 01/17/20 04:37 PM EST

    The secondary market price has risen 40% since June 11.

  2. Taxable, corporate CUSIP healthcare bonds dominate $7.1B slate
    SourceMedia Bond Buyer | 01/17/20 03:16 PM EST

    Although municipal bond volume is anticipated to rise almost two billion, it won’t be nearly enough to satisfy investors’ thirst for the asset class.

  3. State of uncertainty: NYC’s FY 2021 budget cautious ahead of cuts
    SourceMedia Bond Buyer | 01/17/20 02:25 PM EST

    Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.

  4. FINRA taps Jessica Hopper to lead enforcement
    SourceMedia Bond Buyer | 01/17/20 12:21 PM EST

    Sources say Hopper has considerable experience with municipal securities in her many years at the Financial Industry Regulatory Authority.

  5. Electricity co-op's exit from coal is a sign of the times
    SourceMedia Bond Buyer | 01/17/20 11:42 AM EST

    The Colorado-based Tri-State Generating and Transmission Association said it would retire its coal-fired power plants within 10 years.

  6. Raimondo bond measures include affordable housing
    SourceMedia Bond Buyer | 01/17/20 10:15 AM EST

    Rhode Island's governor is asking lawmakers to forward $269 million worth of initiatives to voters.

  7. S&P's David Hitchcock marks 40 years as a top-rated municipal bond analyst
    SourceMedia Bond Buyer | 01/17/20 10:01 AM EST

    David Hitchcock is celebrating 40 years at S&P Global Ratings as a municipal bond analyst.

  8. New NFMA chair focused on interim financials
    SourceMedia Bond Buyer | 01/17/20 09:59 AM EST

    Nicole Byrd, a senior investment professional at Nationwide Mutual Insurance, will be the National Federation of Municipal Analysts chair for the next year.

  9. Trump plans to nominate Shelton, Waller to join Federal Reserve board
    SourceMedia Bond Buyer | 01/17/20 09:15 AM EST

    President Donald Trump plans to nominate Judy Shelton and Christopher Waller to Federal Reserve board seats.

  10. City of Fort Lauderdale, Florida (Series 2020B)
    SourceMedia Bond Buyer | 01/17/20 12:01 AM EST

    City of Fort Lauderdale, Florida's Notice of Bond Sale

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.