Specialist in bonds serving knowledgeable Bond Buyers

Bonds are subject to availability. Minimum purchases may apply. Information as of 12/20/2024. Yields represent yield to maturity or yield to worst call as indicated. Prices and yields are subject to change based upon market conditions and availability. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency. Ratings do not remove market risk.

Credit quality ratings are assigned by Moody's Investor Service, Standard & Poor's and Fitch Ratings, Inc. See table below for a description of the various ratings.

Insurance, if specified, relates to the timely payment of principal and interest. Insurance does not guarantee market value or protect against fluctuations in bond prices. No representation is made as to the insurer's ability to meet its financial commitments.

Income from tax-free municipal bonds is not subject to federal income taxation; however, it may be subject to state and local taxes and, for certain investors, to the alternative minimum tax. Income from taxable municipal bonds is subject to federal income taxation, and it may be subject to state and local taxes. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. However, bonds may be subject to the federal alternative minimum tax (AMT), and profits and losses on tax-free bonds may be subject to capital gains tax treatment. Interest from taxable zero coupon securities is subject to annual taxation as ordinary income, even though no income is received until maturity. Zero coupon bonds may have increased price fluctuations since there are no regular interest payments. The principal value of the bond may be worth more or less if sold prior to maturity.

High-yield bonds are not suitable for all investors. The risk of default may increase due to changes in the issuer's credit quality. Price changes may occur due to changes in interest rates and the liquidity of the bond. When appropriate, these bonds should only comprise a modest portion of your portfolio.

Certain early redemption features, such as a call at issuer's option, provide the issuer an option to repay principal prior to maturity and may change the term of the investment. If bonds are sold prior to maturity, proceeds may be more or less than the initial investment due to market fluctuations. There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise. Investing involves risk and investors may incur a profit or a loss.

Corporate Bonds are debt obligations of the issuing corporation. Corporate bonds offer a wide variety of yields based not only on different maturities but also the rank in issuer's capital structure, the sector and credit quality. For those investors willing to take on extra credit risk, corporate bonds often provide opportunities for increased income.

Bonds are subject to risk factors including:

1) Default Risk - the risk that the issuer of the bond might default on its obligation

2) Rating Downgrade - the risk that a rating agency lowers a debt issuer's bond rating

3) Reinvestment Risk - the risk that a bond might mature when interest rates fall, forcing the investor to accept lower rates of interest (this includes the risk of early redemption when a company calls its bonds before maturity)

4) Interest Rate Risk - this is the risk that bond prices tend to fall as interest rates rise

5) Liquidity Risk - the risk that a creditor may not be able to liquidate the bond before maturity

To request more information regarding this bond offer, please contact us using the information below:

Email: SearchForBonds@RaymondJames.com

Toll Free Phone: 800.657.8622

Local: 561.630.8417

Mail:
Raymond James & Associates, Inc.
3399 PGA Boulevard, Suite 200
Palm Beach Gardens, FL 33410