Turning the Lights Up on Utilities
All investments involve risk, including possible loss of principal. No investing strategy can overcome all market volatility or guarantee future results. The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies and/or sectors in the economy. The value of an investment in fixed-income securities will change as interest rates fluctuate and in response to market movements. As interest rates fall, the prices of debt securities tend to rise. As rates rise, prices tend to fall.