- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
A feature that provides such information as Market Data, NAV Data, BofAML Research or BofAML Investment Opinion, Earnings or Leverage and Fund Description or Company Description.
Industry:Financial services
The combined total short option positions held in account multiplied by the current market prices x the underlying unit of trading. (The underlying unit of trading for equity options is usually 100 shares.)
Industry:Financial services
Short-term municipal bond with a maturity of one year or less.
Industry:Financial services
Fundamental Equity Opinion Key: Opinions include a Volatility Risk Rating, an Investment Rating and an Income Rating.
VOLATILITY RISK RATINGS, indicators of potential price fluctuation, are:
A – Low
B – Medium
C – High
INVESTMENT RATINGS reflect the analyst’s assessment of a stock’s: absolute total return potential and attractiveness for investment relative to other stocks’ within its Coverage Cluster (defined below). There are three investment ratings:
1 – Buy (stocks are expected to have a total return of at least 10% and are the most attractive stocks in a Coverage Cluster)
2 – Neutral (stocks are expected to remain flat or increase in value and are less attractive than Buy rated stocks)
3 – Underperform (stocks are the least attractive stocks in a Coverage Cluster).
Analysts assign investment ratings considering, among other things, the 0 to 12 month total return expectation for a stock and the BofAML Research guidelines for ratings dispersions (shown in the table below). The current price objective for a stock should be referenced to better understand the total return expectation at any given time. The price objective reflects the analyst’s view of the potential price appreciation (depreciation).
INCOME RATINGS, indicators of potential cash dividends, are:
7 – Same/higher (dividend considered to be secure)
8 – Same/lower (dividend not considered to be secure)
9 – Pays no cash dividend
Coverage Cluster is comprised of stocks covered by a single analyst or two or more analysts sharing a common industry, sector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofAML Comment referencing the stock.
Closed-end Fund Investment Opinion Key: The Opinion key includes an identifier and an investment rating. The identifier, "F," denotes a closed-end fund and the number is a fund's investment rating, which is based on our 12 month expectation of stability of the Fund's distributions (including net investment income, short and long term capital gains and return of capital) and stock price from the date of the initial rating,
1 – Buy (indicating that distributions are expected to be the same or increase and that the stock price is expected to be stable or increase),
2 – Neutral (indicating that distributions are expected to remain the same or decrease and that the stock price is expected to be stable), and
3 – Underperform (indicating that distributions are expected to decrease and that the stock price is expected to decline).
Industry:Financial services
Is the conversion of the option contracts into "shares" of the corresponding underlying security. The normal or common case is when 1 option contract is equal to 100 shares of underlying security. For packaged options where the ratio or the contents more complex please refer to the packaging information at the bottom of the report. If multiple securities exist as part of one option position then only the first position of the package is being accounted for by this report.
Industry:Financial services
Bond issued by a municipality to finance a specific public works project and supported by the revenues of that project.
Industry:Financial services
The deadline by which you must submit your final Indication of Interest or lose the opportunity to participate in the program.
Industry:Financial services
The amount an uncovered (naked) option seller (writer) is required to deposit and maintain to cover daily position valuation and reasonably foreseeable intraday price changes.
Industry:Financial services
A managed portfolio of stocks, bonds and/or cash investments. The fund is professionally managed in accordance with the stated investment objective of the fund.
Industry:Financial services
Restoration stock options, also known as Reloads, are new options granted to "replace" or "restore" the already owned shares in a stock for stock exercise. The size of the restoration grant may vary based on your plan rules. The new exercise price is the current market price and the term is equal to that remaining on the original option grant.
Industry:Financial services
