The market capitalization of the stocks of companies with market values under $10 billion.
Broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks commonly known as the Standard & Poor's 500 or S&P 500.
A statistical measure of the degree to which an individual value in a probability distribution tends to vary from the mean of the distribution. Commonly used to measure investment volatility.
A long-term, growth-oriented investment representing ownership in a company; also known as 'equity.'
The owner of common or preferred stock of a corporation. Also called 'shareholder.'
Tax-exempt income is income that is exempt from income taxes. A purchaser of state municipal bonds is exempt from federal taxation on the income earned from the bonds.
The amount of time that you expect to stay invested in an asset or security.
Ten largest holdings in a portfolio based on asset value.
Represents all of the dividends and interest earned before deductions for fees and expenses, in addition to any changes in the value of the principal, including share price, assuming the funds' dividends and capital gains are reinvested.
Negotiable short-term (one year or less) debt obligations issued by the U.S. government and backed by its full faith and credit.
Negotiable long-term (10 years or longer) debt obligations issued by the U.S. government and backed by its full faith and credit.
Negotiable medium-term (one year to 10 years) debt obligations issued by the U.S. government and backed by its full faith and credit.
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