- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The percentage of a Fund's assets deducted each fiscal year for fund expenses, including Rule 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by a fund. Portfolio transaction fees, or brokerage costs, as well as initial or deferred sales charges are not included in the expense ratio.
Industry:Financial services
Seeks both long-term (LT) capital appreciation and preservation, current income and LT growth of income, investing in dividend-paying stocks and interest-bearing securities. Capital shares incur no management-fees, receive no income, and bear gains/losses of capital.
Industry:Financial services
The highest percentage return measured during any consecutive three month period during the last 3 years. This figure includes dividends or interest payments and capital gains or losses, but excludes sales charges or loads, redemption fees and taxes.
Industry:Financial services
The effective, or true, annual rate of return. The Annual Yield is the rate actually earned or paid in one year, taking into account the effect of compounding. The Annual Yield is calculated by taking one plus the periodic rate and raising it to the number of periods in a year. For example, a 1% per month rate has an Annual Yield of 12.68% (1.01^12).
Industry:Financial services
Seeks long-term capital appreciation and preservation of capital, and current income and long-term growth of income, primarily by investing in dividend-paying common stocks and interest-bearing securities. Income shares have priority on redemption.
Industry:Financial services
Related to Mutual Funds: Measures a Fund's relative volatility, as compared to a standard market index, such as the S&P 500. (By definition a market's beta will always be equal to one.) A Fund with a higher beta (more than 1) is more volatile than the market.
Related to Equities: Beta is used to measure the volatility of a stock's price relative to the general market. The S&P 500 index is used as a proxy for the general market. Betas are shown for all U.S. stocks where a five-year trading history is available. A stock with a higher beta (more than 1) is more volatile than the market and vice versa.
Industry:Financial services
Total return per year from an investment, including dividends or interest and capital gains or losses, but excluding commissions and other transaction costs and taxes. Average annual return is simply the arithmetic average of annual returns over a specified period of time.
Industry:Financial services
A legal document granting authority to an individual to conduct legal business on another person's behalf. This authority is not affected by subsequent disability.
Industry:Financial services
A percentage rate that reflects the total amount of interest to be paid based on the coupon or interest rate and frequency of compounding for an annual period.
Industry:Financial services
