Investor Education

The date on which a dividend is paid.

The date on which interest, or principal and interest, is payable on a debt security. Interest payment dates usually occur semi-annually for bonds. *

A mutual fund sales contract in which the customer commits to buying shares in the fund on a periodic basis over a long time period in exchange for a lower minimum investment.

Holdings of securities by an individual or institution, which may include bonds, preferred and common stocks of various enterprises.

Any bond that sells at a price above the face amount, usually because interest rates have fallen since its issuance. (See "Discount Bond.")

The original sale of a security; all further trades are in the secondary market.

A document stating material information for an offering of securities (containing most of the information included in the registration statement), that is used for solicitation purposes by the issuer and underwriters.