Trust Share

(redirected from Trust Shares)

Trust Share

A share in a closed-end fund entitling the holder to a share of the fund's profits.
References in periodicals archive ?
" THE Newcastle United Supporters Trust shares the sense of fanbase disappointment and despondency at the news Rafa Benitez has left Newcastle United.
JPMorgan Asian Investment Trust shares were trading 0.4% lower at 352.57p each on Wednesday.
Replying to Ahmad Amzad's supplementary question on the government's willingness to consider the additional option of distributing cash bonuses instead of unit trust shares which has been the practice, Mohamad said the government would continue with the latter, as it provided more long term benefits for LTAT contributors.
"The offer would have seen the Trust shares purchased on terms more preferential than those accepted by the previous shareholders in July 2016.
A Swansea City Supporters' Trust statement read: "The closing date for the receipt of votes in the member consultation on a potential sale of trust shares in Swansea City was on Tuesday, August 15, and a majority of trust members who took part have voted in favour of option one - to accept the offer for a part sale of shares."
"Future Trust shares our vision to improve children's lives by collecting and analyzing genetic data.
M2 EQUITYBITES-May 22, 2017-Hansteen Grabs 90.46% of Industrial Multi Property Trust Shares
The underwriters will have a 30-day option to purchase up to an additional 900,000 trust shares from CODI.
He used the trust shares in Otter Creek Development to borrow a combined $720,000 from two Little Rock banks: Worthen Bank & Trust and First National Bank.
The children are given general powers of appointment over their pro rata trust shares, but only upon the death of their mother.
SecondMarket also intends to facilitate two-way trading of the trust shares on its proprietary platform to enable both long and short positions, CoinDesk reported.
They will get cash for any fractional Royce Global Value Trust shares they are entitled to, with Royce Value Trust aggregating such shares to sell them on the open market and distributing the proceeds back to the shareholders pro rata.