Estimated Long-Term Return
- A unit investment trust's estimated return over the life of the portfolio, calculated according to formulas proposed by the Securities and Exchange Commission (SEC). The return is calculated as the annual percentage return based on the yields of all the underlying securities in the portfolio, but is weighted to account for each security's market value and maturity. The return is presented net of estimated fees and the maximum offering price, but does not account for delays in income distributions from the fund.
When looking to invest in a unit investment trust, you will be shown both the estimated long-term return and estimated current return. The estimated long-term return may be the metric that you should look at if you are planning on investing for the duration of the trust. This will give a fairly accurate estimation of the return on the portfolio. It is similar to the yield to maturity measure of a single bond extended to a portfolio, with some adjustments.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Estimated Current Return — The estimated return for a unit investment trust over the short term. The estimated current return is calculated by taking the estimated annual interest income from the securities of the portfolio and dividing by the maximum public offering price … Investment dictionary
Crew Return Vehicle — ISS Crew Return Vehicle – CRV (X 38 Prototype) Operator NASA The Crew Return Vehicle (CRV), sometimes referred to as the Assured Crew Return Vehicle (ACRV), is the proposed lifeboat or escape module for the International Spa … Wikipedia
Right of return — The term right of return refers to the principle in international law that members of an ethnic or national group have a right to immigration and naturalization into the country that they, the destination country, or both consider to be that… … Wikipedia
Gia Long — 嘉隆 Emperor of Vietnam Emperor Gia Long Emperor of Nguyễn Dynasty … Wikipedia
Palestinian right of return — The Palestinian right of return (Arabic: حق العودة Ḥaqq al ʿawda ; Hebrew: זכות השיבה zkhut hashivah ) is a political position or principle asserting that Palestinian refugees, both first generation refugees and their descendants, have a right to … Wikipedia
France in the long nineteenth century — History of France … Wikipedia
Huey Long — Infobox Governor name= Huey P. Long small order= 40th office= Governor of Louisiana term start= May 28, 1928 term end= January 25, 1932 lieutenant= Paul Narcisse Cyr predecessor= Oramel H. Simpson successor= Alvin Olin King birth date= birth… … Wikipedia
George W. Bush's second term as President of the United States — began at noon on January 20, 2005 and is due to expire with the swearing in of the 44th President of the United States at noon, Washington, D.C. time, on January 20, 2009.tated goalsBush s stated goals for his second term: # Major changes to the… … Wikipedia
Ao Man-long — Infobox Minister honorific prefix = name = Ao Man long zh t|t=歐文龍 zh p|p=Ōu Wénlóng honorific suffix = imagesize = birth date = birth place = Macau spouse = Chan Meng leng caption = Ao being escorted to the dock by police officers order = office … Wikipedia
George W. Bush's first term as President of the United States — began January 20 2001 and ended January 20 2005, with the beginning of his second term as president. Conservative agendaOn his first day in office, Bush moved to block federal aid to foreign groups that offered counseling or any other assistance… … Wikipedia