# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z all
$25 par preferreds
ICE BofA Core Plus Fixed Rate Preferred Index: index designed to measure the performance of fixed rate U.S. dollar-denominated preferred securities issued in the U.S domestic market with a rating of at least B3 (based on an average of Moody’s, S&P and Fitch) and an investment-grade country risk profile.
The 3-Year Discount Margin is the yield-to-refunding of a loan facility less the current 3-month LIBOR rate, assuming a 3-year average life for the loan.
40 Act
The Investment Company Act of 1940 was established by Congress to set standards for regulating investment companies, which includes mutual funds, closed-end funds, and unit investment trusts.
401(k) Plan
A type of defined contribution plan (defined by section 401(k) of the Internal Revenue Code) that allows an employee to elect to defer income by making pre- or post-tax contributions to an investment plan. Contributions may be matched at some level by employers. Contributions and earnings grow tax deferred until withdrawn.
403(b) Plan
A retirement plan for employees of nonprofit organizations such as universities, churches, or public schools. The employee can contribute a portion of their salary to the plan each year, and the contributions and earnings grow tax-deferred until withdrawn.
