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Bank of America Merrill Lynch
Domeniu: Financial services
Number of terms: 10107
Number of blossaries: 0
Company Profile:
Related to IPOs: The amount of securities assigned to each of the participants in an investment banking syndicate formed to underwrite and distribute a new issue, called subscribers. The financial responsibilities of the subscribers are set forth in an allotment notice, which is prepared by the syndicate manager.
Industry:Financial services
Current- Indicated Dividends per share, annualized, for current year. Indicated dividend/yield per share based on current rate (calculated on a daily basis). Estimated- Indicated Dividends per share estimates, annualized, for next year. Indicated dividend/yield per share based on estimate for next year (calculated on a daily basis). Est 5 Yr Gr- Projected Average annual growth rate in dividends per share for next five years. For MMS: Dividends consist of dividend and interest payments, short and long term capital gains and cash in lieu payments. Dividends on cash investments in MMDA and the CMA family of funds hit the cash dividend bucket although they are paid out as a security in additional shares.
Industry:Financial services
Funds whose primary objective is to conserve principal by maintaining at all times a balanced portfolio of both stocks and bonds. Typically, the stock/bond ratio ranges around 60%/40%.
Industry:Financial services
Measures the difference between a fund's actual returns and its expected performance, given its level of risk (as measured by its beta). A positive alpha figure indicates that a fund has performed better than its beta would predict. Alternatively, a negative alpha figure indicates that a fund has under-performed, given the expectations established by the fund's beta. A high alpha is generally considered to be an indication of good, active management.
Industry:Financial services
The multiplier used to calculate the effect of the changes in the securities in the Dow 30 on the Dow Jones Industrial Average.
Industry:Financial services
Funds that invest to provide a guaranteed return of investment at maturity (targeted periods). Some of the assets are invested in zero-coupon U.S. Treasury securities, while the remainder is invested in equity securities for long-term growth of capital and income.
Industry:Financial services
Investments whose risks and returns are generally not correlated with more traditional investments (i.e., equities, fixed income and cash) which can include managed futures, hedge funds, private equities, income producing real estate, precious metals and structured products. Alternative investments should be carefully considered based on an investor抯 investment objectives, risk tolerance and net worth (for some alternative investments, net worth of $5 million or more is required). Alternative investments are often long-term, illiquid investments that are not easily valued.
Industry:Financial services
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Industry:Financial services
Smallest measure used in quoting yields. One basis point is 0.01% or one one-hundredth of a percent. For example, 100 basis points equal 1%.
Industry:Financial services
The difference between the purchase price of a fixed-income security and its maturity value.
Industry:Financial services