Fidelity Bond.

A fidelity bond is a type of financial insurance that protects a business from losses caused by the dishonest or fraudulent activities of its employees. Fidelity bonds are also known as surety bonds or dishonesty bonds.

What does DD mean for bonds?

In the context of bonds, DD typically refers to the "dividend date," which is the date on which the issuer of the bond pays out any dividends that are owed to the bondholders. This date is typically set forth in the bond's indenture, and may be different from the bond's "coupon date."

Does fidelity have a fixed income fund?

Fidelity does offer a fixed income fund, which is called the Fidelity Fixed Income Fund. This fund invests in a variety of fixed income securities, including government bonds, corporate bonds, and mortgage-backed securities. The fund is designed to provide investors with a consistent stream of income, while also preserving capital.

What is the difference between a surety bond and a fidelity bond?

A surety bond is a type of financial guarantee that is typically used in the construction industry. If a contractor defaults on a construction project, the surety bond will provide financial compensation to the project owner. A fidelity bond is a type of insurance that protects a business from losses that may occur as a result of employee theft or dishonesty. What interest rate does Fidelity pay on cash? Fidelity Investments pays interest on cash balances in customer accounts at a rate of 0.35% per year as of March 2021. This rate may change at any time at the discretion of Fidelity Investments.

Why are bonds called fixed income?

The term "fixed income" refers to investments that pay a regular, predetermined rate of interest. Bonds are one type of fixed income investment. When you buy a bond, you are lending money to the issuer, which can be a corporation, a government, or a municipality. In exchange for your loan, the issuer promises to pay you interest at a fixed rate for a specific period of time, and to repay the principal (the amount you loaned) when the bond matures.

The interest payments you receive from a bond are usually paid semi-annually. For example, if you buy a bond with a face value of $1,000 that pays 5% interest, you will receive two interest payments of $25 each year. At the end of the bond's term, you will receive your $1,000 back.

The interest rate on a bond is fixed, which means it does not fluctuate with changes in market interest rates. This predictability makes bonds an attractive investment for people who are looking for a steady stream of income.