Sentences with phrase «daily net asset»

Certain «Daily Net Asset Value (NAV) REITs» may provide enhanced liquidity by offering periodic, e.g., daily (or less frequent) repurchase options at net asset value.

Price securities to calculate daily Net Asset Values on client's mutual funds with the Pricing Source Agreement, guaranteeing client fulfillment and claim.

The shareholder servicing fee paid to a particular service provider is calculated at the annual rate set forth in the chart above and is based on the average daily net asset value of the fund shares owned by shareholders holding shares through such service provider.

The shareholder servicing fee paid to a particular service provider is calculated at an annual rate and is based on the average daily net asset value of the fund shares owned by shareholders holding shares through such service provider.

These fees are based on the daily net asset value of the annuity's underlying investment portfolios, which can change every day as the market shifts.

Instead of using intraday pricing, NextShares» pricing will be based on the fund's daily net asset value plus or minus a trading cost that is determined in the market.

Until the payout date, dividends and capital gains awaiting distribution are included in a fund's daily net asset value (NAV).

The exciting aspect of the strategy is these CEFs trade on stock exchanges and they often trade at market values well below their published daily Net Asset Values (NAV).

Following the financial crisis, I argued that regulators should look into whether or not the mutual fund rules and current accounting rules were appropriately structured given the growing presence of firms like Berkshire Hathaway (BRKA), which get a pass from daily net asset value calculations and other requirements.

^ The Fund's investment adviser, SSGA Funds Management, Inc. (the «Adviser» or «SSGA FM»), is contractually obligated until December 31, 2018 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and sub-transfer agency fees) exceed 0.85 % of average daily net assets on an annual basis.

1The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until May 1, 2019 to waive its management fee and / or to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and any class specific expenses such as Distribution, Shareholder Servicing, Administration, and Sub-Transfer Agency Fees, as measured on an annualized basis) exceed 0.07 % of average daily net assets on an annual basis.

^ The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees, and any class - specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees) exceed 0.01 % of average daily net assets on an annual basis.

^ The Fund's investment adviser is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund and / or (ii) to reimburse the Fund to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, and distribution, shareholder servicing, and sub-transfer agency fees) exceed 0.13 % of average daily net assets on an annual basis.

* The Advisor has contractually agreed to defer its investment advisory fees and / or absorb or reimburse Fund expenses until at least November 1, 2018 to the extent necessary to limit the Fund's annual ordinary operating expenses (excluding acquired fund fees and expenses) to an amount not exceeding 1.13 % annually of the Fund's average daily net assets.

The Fund's advisor & administrator have entered into a series of agreements that run through September 30, 2017 which limit the Fund's operating expenses to 1.70 % of the average daily net assets of the Fund, exclusive of brokerage fees and commissions, taxes, borrowing costs (such as interest or dividend expenses on securities sold short), acquired fund fees and expenses, extraordinary expenses, and distribution and / or service (12b - 1) fees.

The Advisor has contractually agreed to waive its fees and / or reimburse expenses at least through April 30, 2019 to the extent necessary to ensure that the total operating expenses do not exceed 1.20 % of the Investor Class's average daily net assets and 0.95 % of the Institutional Class's average daily net assets for the Chautauqua Global Growth Fund, 1.20 % of the Investor Class's average daily net assets and 0.95 % of the Institutional Class's average daily net assets for the Chautauqua International Growth Fund, 1.10 % of the Investor Class's average daily net assets and 0.85 % of the Institutional Class's average daily net assets for the Baird MidCap Fund, 1.20 % of the Investor Class's average daily net assets and 0.95 % of the Institutional Class's average daily net assets for the Baird Small / Mid Cap Value Fund, and 1.25 % of the Investor Class's average daily net assets and 1.00 % of the Institutional Class's average daily net assets for the Baird SmallCap Value Fund.

Expense ratio represents the annual fund operating expenses of a scheme, expressed as apercentage of the fund's daily net assets.

Ultra Short Bond Fund - The Advisor has contractually agreed to waive management fees in an amount equal to an annual rate of 0.15 % of the average daily net assets for the Fund until April 30, 2019.

The Fund's advisor has contractually agreed to waive its fees and / or pay for operating expenses of the Fund to ensure that total annual fund operating expenses do not exceed 1.50 % and 1.25 % of the average daily net assets for Advisor Class and Institutional Class shares of the Fund, respectively.

(2) Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the Plan Manager a fee at an annual rate of 0.03 % of the average daily net assets held by that Investment Portfolio.

* As stated in the prospectus (pdf) dated 5/1/2018 ** Pursuant to an operating expense limitation agreement between Heartland Advisors and Heartland Group, Inc., on behalf of the Fund, Heartland Advisors has agreed to waive its management fees and / or pay expenses of the Fund to ensure that the Fund's total annual fund operating expenses (excluding front - end or contingent deferred sales loads, taxes, leverage, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividends or interest expenses on short positions, acquired fund fees and expenses, or extraordinary expenses) do not exceed 1.25 % of the Fund's average daily net assets for the Investor Class Shares and 0.99 % for the Institutional Class Shares through at least May 1, 2019, and subject to annual re-approval of the agreement by the Board of Directors, thereafter.

The Program Manager is paid a program management fee at an annual rate of 0.05 % of the average daily net assets of each of the Investment Options (excluding any assets in the Principal Plus Interest Option).

TIAA - CREF Life also pays the Board a fee, equal to 0.05 % of the average daily net assets held by the Principal Plus Interest Portfolio.

For its services administering MESP, a state administrative fee is paid to the Michigan Department of Treasury at an annual rate of 0.02 % of the average daily net assets of MESP.

TIAA - CREF Life pays the Michigan Department of the Treasury a fee equal to 0.02 % of the average daily net assets held by the Principal Plus Interest Option.

^ SSGA Funds Management, Inc. (the «Adviser») has contractually agreed to waive its management fee and reimburse certain expenses, until October 31, 2018, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviserpursuant to the Investment Advisory Agreement, if any, are limited to 0.45 % of the Fund's average daily net assets.

(3) Each Investment Portfolio (with the exception of the Principal Plus Interest Option) pays to the Michigan Department of Treasury a State Administrative Fee at an annual rate of 0.05 % (5 basis points) of the average daily net assets of the Investment Portfolio.

The Plan Manager is paid a program management fee at an annual rate of 0.15 % of the average daily net assets of each of the Investment Options (excluding any assets in the Principal Plus Interest Option).

(2) Each Investment Portfolio (with the exception of the Principal Plus Interest Option) pays the Program Manager a fee at an annual rate of 0.32 % (32 basis points) of the average daily net assets of the Investment Portfolio.

The fee is usually expressed as a percentage of the fund's average daily net assets.

A State administrative fee is paid to the Michigan Department of Treasury at an annual rate of 0.05 % of the average daily net assets.

^ SSGA Funds Management, Inc. (the «Adviser») has contractually agreed to waive its management fee and / or reimburse certain expenses, until January 31, 2019, so that the net annual Fund operating expenses of the Fund, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.30 % of the Fund's average daily net assets.

Institutional Class shares pay up to 0.25 % on an annualized basis of the average daily net assets as reimbursement or compensation for service and distribution - related activities with respect to a Fund and / or shareholder services.

The Board has approved a distribution and shareholder servicing fee at the rate of up to 0.50 % for Investor Class shares and 0.25 % for Institutional Class shares of the Fund's average daily net assets attributable to the relevant class.

Distribution Fees: The Trust, with respect to each Fund, has adopted the Trust's Master Distribution and Shareholder Servicing Plan for Investor Class shares and Institutional Class shares (the «Plans»), pursuant to Rule 12b - 1 of the 1940 Act, which allows each Fund to pay the Fund's distributor an annual fee for distribution and shareholder servicing expenses of 0.50 % and 0.25 % of the Fund's average daily net assets attributable to Investor Class shares and Institutional Class shares, respectively.

Each Fund pays an annual management fee (computed daily and payable monthly) of 1.60 % of the Fund's average daily net assets to the Adviser pursuant to the Advisory Agreement.

(CollegeInvest will charge an administrative fee at an annual rate of 0.71 % of the average daily net assets in each Account.

The Advisor has contractually agreed to waive its fees and / or reimburse expenses at least through April 30, 2019 to the extent necessary to ensure that the total operating expenses do not exceed 1.10 % of the Investor Class's average daily net assets and 0.85 % of the Institutional Class's average daily net assets.

Not exact matches

Mutual funds have traditionally invested in baskets of publicly traded securities, which collectively make up the fund's net asset value, or daily share price.

At Fiji, Robbins offered some insight into what Jones» daily email updates look like, saying, «he sends me a checklist of what we measure, everything from his NAV [net asset value] to his [portfolio] weights, what's happening in his body, to his focus, to ratios of risk - reward that we're measuring, and then he does a narrative for me.»

UNG's investment objective is for the daily changes in percentage terms of its shares» net asset value to reflect the daily changes in percentage terms of the natural gas price delivered at the Henry Hub, La., as measured by the daily changes in the benchmark futures contract minus expenses.

MLP funds accrue deferred income taxes for future tax liabilities associated with the portion of MLP distributions considered to be a tax - deferred return of capital and for any net operating gains as well as capital appreciation of its investments; this deferred tax liability is reflected in the daily NAV; and, as a result, the MLP fund's after - tax performance could differ significantly from the underlying assets even if the pre-tax performance is closely tracked.

Another advantage of mutual fund shares is that they can be bought and sold daily at a price that is calculated daily which is what as known as Net Asset Value per share.

Mutual Funds Data — Canadian Mutual Funds Data — Daily navps (net asset value per share) each and every mutual fund company all investment and mutual funds.

The Sponsor's Fee will accrue daily at an annualized rate equal to -LSB--RSB- percent of the adjusted net asset value («ANAV») of the Trust and will be payable monthly in arrears.

You can only sell them at the last daily closing net asset value (NAV), in contrast to ETFs, whose market value may vary minute to minute.

The performance information displayed here is calculated on a daily time - weighted basis, including cash, dividends and earnings distributions, is presented «net of fees,» and reflects the deduction of IB Asset Management advisory fees, Interactive Brokers LLC brokerage and other commissions and expenses that a client will have to pay if he invests in any of these portfolios.

The investment seeks to have the daily changes in percentage terms of the fund's net assets value per share reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts.

Below you can find continuously updated views of the portfolio's daily and weekly liquid asset levels, its net asset value (NAV), and asset flows into and out of the portfolio.

The biggest change is that both institutional and municipal money market funds must move from a stable $ 1.00 price per share to a floating net asset value based on the underlying investments on a daily basis.