The average remaining life of the portfolio loans is 31 years. (multihousingnews.com)
Duration is a measure of the effective average life of the portfolio. (mutualfundobserver.com)
When comparing how it performed vs a SP500 mirror fund over the life of my portfolio as well as the higher fees for TRR, I realized I'd missed out on about 1.5 % each year over the last 4 years. (financialsamurai.com)