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Target Date Fund

A diversified mutual fund that automatically shifts towards a more conservative mix of investments as it approaches a particular year in the future, known as its "target date." A target date fund…

Tarifas y gastos de fondos mutuos

Como ocurre con cualquier negocio, administrar un fondo mutuo implica costos. Por ejemplo, existen…

Tax Questions

Investors sometimes contact the SEC asking about the tax consequences when they sell securities.  In particular, investors want to know whether they will have to pay a capital gains tax or can…

Tender Offer

A tender offer is typically an active and widespread solicitation by a company or third party (often called the “bidder” or “offeror”) to purchase a substantial percentage of the company’s securities…

Threshold Securities

Threshold securities are equity securities that have an aggregate fail to deliver position for: Five consecutive settlement days at a…

Ticker

Each publicly traded common stock in the U.S. receives a short abbreviation that identifies it, known as its stock symbol or stock ticker symbol. Some stocks have single-letter ticker symbols while…

Time Horizon

Your time horizon is the number of months, years, or decades you need to invest to achieve your financial goal.

Total Annual Fund Operating Expense

The total of a fund's annual fund operating expenses, expressed as a percentage of the fund's average net assets. You'll find the total in the fund's fee table in the prospectus.

Trading Halts and Delays

There are two types of trading halts and delays -- regulatory and non-regulatory. The most common regulatory halt and delay happens when a company has pending news that may affect the security’s…

Tráfico de Información Privilegiada

El tráfico de información privilegiada generalmente se refiere a la compra o venta de un valor, en contravención de una obligación fiduciaria u otra relación de confianza y fiabilidad, basándose en…

Transfer Agents

Transfer agents work for the security issuer to record changes of ownership, maintain the issuer's security holder records, cancel and issue certificates, and distribute dividends.  Transfer…

Transferring Assets

There are at least two ways to transfer assets from one person to another, including Transfer on Death (TOD) Registration, which allows you to pass the securities you own directly to another person…

Transferring Your Brokerage Account

All brokerage account transfers start and end with your new firm.  Customers initiate the transfer process by completing a Transfer Instruction Form (TIF) and sending it to the new firm.  …

Treasury Securities

Treasury securities—including Treasury bills, notes, and bonds—are debt obligations issued by the U.S. Department of the Treasury. Treasury securities are considered one of the safest investments…

Trustee

An institution, usually a bank, designated by the issuer as the custodian of funds and official representative of bondholders.