Funds

Funds

Contributors in Funds

Funds

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 ...

Best rolling 3 month performance over last 3 years

Financial services; Funds

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 ...

Annual percentage yield

Financial services; Funds

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 ...

Dual-purpose income funds

Financial services; Funds

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 ...

Beta

Financial services; Funds

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 ...

Annual return

Financial services; Funds

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 ...

Durable power of attorney

Financial services; Funds

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.