Unit Holder

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Related to Unit Holders: Homemade Dividends

Unit Holder

1. The owner of a combination of securities or types of securities that have been packaged together and bought and sold as one. For example, a unit holder may own a preferred share with warrants and/or common shares attached to it. See also: Paired shares, Cum warrant.

2. The owner of a portion of a company other than a corporation. For example, a unit holder may own part of a limited liability company.
References in periodicals archive ?
These requirements are envisaged to facilitate mutual fund unit holders and to enhance investors' confidence through better disclosures and more transparency.
Cross Timbers Royalty Trust was created in 1991 to collect and distribute monthly net profits income to unit holders from net profits interest in properties in Texas, Oklahoma and New Mexico owned by XTO Energy Inc.
This amount is being disbursed to unit holders immediately so that they can get credit in their specified bank account before 30th June.
KMP and EBP unit holders will be given the right to choose cash or Kinder Morgan shares for their interests, subject to proration.
Unit Holders who have opted for cash payout will receive cash payment while Unit Holders who have opted for bonus units were allocated units at the ex-dividend net asset value at the close of business on March 22, 2013.
The trustee of the mutual fund is required to attend every meeting of unit holders and is responsible to ensure that all regulatory requirements are complied with.
The cash distribution will be made to unit holders of record at August 5, 2011, on August 12, 2011.
In addition to providing unit holders with income from the working property, the trust passes through proportionate shares of any depreciation or depletion deductions or tax credits to which the underlying property is entitled.
Under the definitive merger agreement, Encore Energy will become a wholly owned subsidiary of Vanguard through a merger transaction in which Encore Energy unit holders will receive only 0.
The AMCs must also disclose to unit holders, within 48 hours of investment, the fees deducted and net amount invested in the mutual fund in the prescribed format.
SCITI is an investment trust whose portfolio comprises of income funds, corporations and other entities that reflect the make-up of the 50 highest yielding members of the Scotia Capital High Yielding Equity Index, on an approximately equal weight basis, to provide unit holders with a diversified and high yielding portfolio.
According to UTT Chief Operations Officer James Washima, the microfinance wing will give an opportunity to Unit holders for using their own savings in the form of collateral while securing loans to serve other economic purposes.

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