The phrase
"individual issuers" refers to companies or organizations that are selling or issuing something on their own, rather than as part of a group or collective. It implies that each entity is separate and independent, and responsible for their own actions or products.
Full definition
It acts as a forum for the review and evaluation of market cycle, sector, industry, and credit quality strategies, as well
as individual issuer ideas.
A non-diversified fund may be more exposed to the risks associated
with individual issuers than a diversified fund.
«This first phase includes navigational improvements to help investors more easily find information about individual bonds by drilling down through the intuitive map - based search functionality, and access clearly presented pricing, ratings and material information
about individual issuers and their securities.»
The funds are non-diversified funds and may be more sensitive to economic, business, political or other changes
affecting individual issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the funds» shares and greater risk of loss.
The document also notes that
individual issuer weights are capped at 5 % of the index and that the index normally includes 70 to 120 securities, with rebalances scheduled quarterly.
Below we have created three laddered model bond ETF portfolios based on ETFs
by individual issuers, which investors can use to employ a bond laddering strategy using target date bond ETFs.
The fund is considered non-diversified and can invest a greater portion of its assets in securities
of individual issuers than can a diversified fund.
The Fund is non-diversified, so it may be more exposed to the risks associated
with individual issuers than a diversified fund.
Bonds are weighted according to their market value; however,
individual issuers are capped at a maximum of 3 %.
One feature of bond markets that limits their liquidity is that
individual issuers may have a large number of different securities outstanding.
Click the header above for our full results and reports on each individual issuer
Fixed income — Fixed income prices respond to changing economic environments, including interest rate changes and credit risk perceptions of
individual issuers, which can negatively affect the price and income level.
But it doesn't necessarily follow that their large debt issuance makes the index or
any individual issuer more risky.
Except for mutual funds in the over $ 1 billion asset size class, it does not seem usual practice for individual mutual funds to accumulate greater than 5 % positions in the equities of
individual issuers.
The Fund is considered non-diversified and can invest a greater portion of assets in securities of
individual issuers than a diversified fund.
Investing in fixed - income securities may involve certain risks, including the credit quality of
individual issuers, possible prepayments, market or economic developments and yields and share price fluctuations due to changes in interest rates.
In the above - mentioned list of companies, whose common stocks all are selling at meaningful discounts from NAV and which also enjoy super-strong financial positions, long - term returns to TAM investors would likely be more than satisfactory, if
the individual issuers could increase their NAV after adding back dividends by at least 10 % per annum compounded.
The Bank of America Merrill Lynch U.S. High Yield Constrained Index limits
any individual issuer included in the Bank of America Merrill Lynch U.S. High Yield Index to a maximum of 2 % benchmark exposure.
Not only will each card have its own credit qualifications,
individual issuers may also have their own meticulous requirements (think Chase's 5/24 rule) that can leave you rejected despite killer credit scores.
The caveat to the near - guaranteed acceptance will often be meeting
an individual issuer's requirements for application frequency.