The legal name for a mutual fund. An open-end company is a type of investment company.
An old stock or bond certificate may still be valuable even if it no longer trades under the name printed…
The disclosure document prepared by a bond issuer that gives detailed financial information about the issuer and the bond offering.…
A fund that does not charge any type of sales load. But not every type of shareholder fee is a…
An individual or entity who is not certain whether a particular product, service, or action would constitute a violation of…
The profit earned by a company after all expenses and taxes have been deducted from revenue. A simple way to think…
"Net asset value," or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an…
Prior to July 1, 2009, a Nationally Recognized Municipal Securities Information Repository (NRMSIR) was an entity, designated by the Securities…
A "national securities exchange" is a securities exchange that has registered with the SEC under Section 6 of the Securities Exchange Act…
This year's top-performing mutual funds aren't necessarily going to be next year's best performers. It’s not uncommon for a fund…