A bond trustee is an institution which has the fiduciary responsibility of administering and enforcing the terms of the bond indenture. A bond indenture is the contract between the bond issuer and the bondholder.
A trustee has the resources to manage the distribution of the funds to the bondholders, to keep up with and distribute the required bookkeeping and statement information to the interested parties as well as regulators like the SEC. If there is a violation of the contract, the trustee must report it and act in the best interest of the wronged party.
That may mean sitting on the opposite side of the table from the issuing entity in legal proceedings and arbitration talks.
Active management is when an investor or money manager attempts to outperform an index or benchmark using tactic strategy
Asset allocation is theoretically the best way to control the return you experience, through diversification
Balanced funds offer a well-diversified investment that includes relatively equal exposure to stocks and bonds
If there is a lot of hype surrounding the IPO, it may be a good strategy to immediately sell them while the frenzy is on
There are pros and cons to buying so-called Medigap coverage, and it can depend on how much medical care and services...
A convertible bond, also known as convertible debt, is debt that can be converted to equity (in the form of common stock)
An interest rate is a simple principle that’s been around for centuries, whereby a borrower has to pay for money borrowed
Commodity ETFs are focused on tracking the performance of commodity prices and their derivatives contracts
The Symmetrical Triangle Top pattern forms when a stock price fails to retest a high or low and forms two trend lines
The Triple Tops pattern appears when there are three distinct minor Highs at about the same price level