Unit investment trust

Unit Investment Trust
A sort of mutual fund that holds a fixed portfolio of bonds; when these mature, the trust is dissolved.

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Unit investment trusts
By Jakob Jelling
Cashbazar.com
Investing in a unit investment trust is a good idea if you do not want to manage your own investments.

Unit Investment Trust (UIT)
A type of investment company that typically makes a one-time "public offering" of only a specific, fixed number of units.

A unit Investment trust featuring a fixed Portfolio of High-grade securities and other investments, usually with monthly Distribution of income.

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Unit investment trusts are fixed portfolios that are composed of securities that are understood to be income producing in nature.

Unit Investment Trust (UIT)
Definition: A unit investment trust (UIT) is a trust set up to invest in income securities, such as bonds. When the securities generate income, it is paid out to shareholders in the trust.

Unit Investment Trust A structure used by some ETFs. One important difference between this format and the open-end fund format is that the latter allows ETFs to reinvest dividends immediately, while the former does not.

Unit Investment Trust or U.I.T. - A fixed portfolio of municipal securities sold to investors in trust "units" that represents fractional undivided ownership interests in the portfolio.

Unit investment trust Investment company that buys a portfolio of stocks, bonds or other securities that is fixed for the life of the fund and sold as a package.

Unit Investment Trust (UIT) An investment vehicle (offered by a large investment firm) that consists of a fixed portfolio of securities (e.g., bonds, shares, or mortgage-backed securities). Units in the trust are sold to investors through brokers.

Unit Investment Trusts (UITs) - which make a one-time public offering of only a specific, fixed number of redeemable securities called "units" and which will terminate and dissolve on a date specified at the creation of the UIT.

Unit Investment Trust (UIT)
A fixed portfolio of securities purchased by a company registered with the SEC, offering shares in the trust to investors. The difference between a unit trust and a mutual fund is the lack of active management.

Unit investment trust:
A portfolio set up at the fund's launch which remains unchanged. As each bond reaches maturity, the trust holder receives payments until the fund dissolves. They provide a steady, periodic flow of income to investors.

Unit Investment Trust - UIT
An investment company that offers a fixed, unmanaged portfolio, generally of stocks and bonds, as redeemable "units" to investors for a specific period of time.

Unit Investment Trust (UIT): An unmanaged portfolio of professionally selected securities that are held for a specified period of time.

Unit Investment Trust - An investment company organized under a trust indenture that sells interest in its portfolio in terms of redeemable securities.

Unit Investment Trust (UIT)
Unit Investment Trusts are far less common than Open End Mutual Funds.

Fixed-unit investment trust: A trust that buys a fixed portfolio of securities (usually municipal bonds) and sells that portfolio to investors in units. Each unit represents an undivided interest in the portfolio.

Unit investment trust
Money invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value.

UNIT INVESTMENT TRUST
This type of fund structure does not reinvest dividends in the fund and pays them out via a quarterly cash distribution.

See unit investment trust.
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u Unit Investment Trust (UIT) An SEC-registered investment company which purchases a fixed, unmanaged portfolio of income-producing securities and then sells shares in the trust to investors.

Fixed trust
A unit investment trust consisting of securities that were agreed upon at the time of investment and do not change.

fixed investment trust See unit investment trust. Also known as unit investment trust or participating trust or fixed investment trust. fixed premium Periodic, equal-sized payments made to an insurance firm for an insurance policy or annuity.

You can buy bond funds, individual bonds, invest in money market funds, or you can purchase unit investment trusts. Bond funds are like stock funds, in that they offer professional selection and management of a portfolio of securities.

An ETF combines the valuation feature of a mutual fund or unit investment trust, which can be purchased or redeemed at the end of each trading day for its net asset value, with the tradability feature of a closed-end fund, ...

A DIAMOND is an index-based unit investment trust (UIT) that holds the 30 stocks in the Dow Jones Industrial Average (DJIA). It's similar in structure to an exchange traded fund (ETF).

Mutual funds, exchange-traded funds (ETFs), and other equitized investments (such as unit investment trusts or UITs, ...

You could buy individual bonds, invest in a bond fund, which is like a stock mutual fund only it invests in bonds, or you can invest in unit investment trusts.

A company or trust, such as unit investment trusts and management companies, engaged in the business of investing the pooled funds of small investors in securities appropriate for stated investment objectives.

Exchange-Traded Funds and Unit Investment Trusts
Holding Company Depositary Recepits (HOLDRs)
Income and Royalty Trusts
Types of Indexes
The Dow Jones Industrial Average
Other Indexes
Market Volatility Index (VIX)
Investor Rights Movement ...

Examples include stocks, bonds, mutual funds, unit investment trusts, certificates of deposit, money market funds and collectibles (not lottery tickets; that would be speculation not investment).

ETFs can be bought and sold at current market prices at any time during the trading day, unlike mutual funds and unit investment trusts, which can only be traded at the end of the trading day.

Section 2: Closed-End Funds, Exchange-Traded Funds, and Unit Investment Trusts
Section 3: U.S. Long-Term Mutual Funds
Section 4: U.S. Money Market Funds ...

In the United States, closed-end funds, or CEF, are also referred to as closed-end companies. In the United Kingdom, they are called Unit Investment Trusts; while in Australia they go by the name Listed Investment Companies.
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Our Motley Fool Income Investor and Motley Fool Inside Value newsletters include dividends in their return, accounted for by adjusting the cost bases of the respective stocks. These newsletters compare their returns to the SPDR unit investment trust, ...

Most investment companies pool funds from many small investors and invest it in a large portfolio, depending on its return objective. Examples of investment companies are unit investment trusts, mutual funds and closed-end funds.

Service designed to eliminate submission of trade-data paperwork to the clearing corporation and to assist in the comparison and clearing of municipal bond, over-the-counter corporate bond, and unit investment trust trades. Municipal bonds ...

See also: Investment, Trust, Investment trust, Unit, Market