Defined Asset Fund

0.01 sec.

Defined asset fund

A unit investment trust consisting of a fixed portfolio of securities, including blue chips, REITs, or high-yielding stocks on a major exchange such as the NYSE or FTSE.

Defined Asset Fund

A unit investment trust that exists only for a limited period of time, after which it is liquidated. A unit investment trust consists of an unmanaged portfolio of securities, the rights to which are sold to investors as shares or units. The dividends and/or coupons from these securities are passed on to unit holders, just as in a mutual fund. A defined asset fund works like this, with the addition that, at a certain maturity, the assets in the fund are liquidated and distributed to unit holders.

How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
defined-asset fund			If investors roll over into a new trust, and many of the same stocks are in that trust, taxes can be deferred on those companies," says Timothy Mahoney, chief investment officer with Defined Asset Funds in Princeton, New Jersey. Putting all your eggs in one sturdy basket by Korn, Donald Jay / Black Enterprise Before joining Banc of America Securities, he worked as a buyside equity trader at Merrill Lynch Defined Asset Funds. Michael Costa and Chris Godvin to Join UBS Investment Bank's Equities ... by Business Wire Prior to joining Prudential Financial, King was chief portfolio strategist for Merrill Lynch Defined Asset Funds, where he managed the investment process for equity assets held in strategy-based equity products and oversaw asset allocation and risk analysis functions. James J. King, Jr. Joins Prudential Retirement Services as Vice ... by Business Wire			Deferred Nominal Life Annuity Deferred Payment Annuity Deferred Payment Option deferred payments Deferred Premium Option Deferred Profit Sharing Plan Deferred Sales Charge Deferred strike option Deferred Tax Expense Deferred-Interest Bond deficiency Deficiency Agreement Deficiency Dividend deficiency judgment Deficiency Letter Deficit Deficit comercial Deficit de recursos Deficit estructural Deficit estrutural deficit financing Deficit Net Worth Deficit Reduction Act of 1984 Deficit Spending Deficit structurel Defined Asset Fund Defined Benefit Plan Defined Contribution Plan Defined event defined-asset fund Defined-Benefit Pension Plan Defined-Benefit Plan Defined-Contribution Pension Plan Defined-Contribution Plan definition of value Deflacion Deflacionador Deflactor Deflactor implicito de los precios Deflateur Deflateur implicite des prix Deflation Deflator Deflator implicito dos precos Degearing Deindustrialization Deinfed Contribution Plan Dejar de cotizar en bolsa Dekidaka Dekidaka Kajuu Heikin Kakaku Delai de grace			define location Define Measure Analyze Control Define Normal Define Review Identify Verify Execute Define risk or disease Define Storage Define Substrate Technology Define The File Define the Relationship Define Word Define Your Acronyms Define Your Own Software Define, Identify, Design, Optimize, Validate Define, Investigate, Verify, Ensure Define, Measure, Analyze, Design, Verify Define, Measure, Analyze, Improve, Control Define, Measure, Analyze, Improve, Control and Leverage Define, Measure, Analyze, Improve, Control, and Sustain Define, Measure, Analyze, Lean, Control Define, Measure, Explore, Develop and Implement Define, Observe, Record, Intervene, Test, Evaluate Define/Measure/Analyze/Develop/Deliver defined defined Defined and undefined Defined and undefined Defined Asset Fund Defined Asset Funds Defined Beauty Defined benefit Defined benefit Defined benefit Defined benefit Defined benefit Defined benefit Defined Benefit Fund Defined Benefit Obligation Defined Benefit Pension Plan Defined Benefit Pension Plan Defined Benefit Pension Plans Defined benefit plan Defined benefit plan Defined benefit plan Defined benefit plan Defined benefit plan Defined benefit plan Defined Benefit Plans Defined Benefit/Defined Contribution Defined Consulting Group Defined Context Set Defined contribution Defined contribution Defined contribution Defined contribution Defined contribution Defined contribution Defined Contribution Health Plan

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup \| Partner with us

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.