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a value selected at a point in the domain of a multiple-valued function, chosen so that the function has a single value at the point.
Based on the Random House Dictionary, © Random House, Inc. 2015.
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In general, when interest rates rise, bond fund values fall and investors may lose
Figures include changes in
, reinvested dividends and capital gains distributions.
Investment return and
will fluctuate, so you may have a gain or loss when shares are sold.
Investments will be made to minimize the volatility of
, liquidity risk and credit risk.
So even though the fund had a higher return for the one-year holding period, it did lose
For non-priced collateral, a haircut is applied to the outstanding
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