Glossary
Tax Savings Investment

This indicates if the product is available for tax saving accounts.

Ticker
An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors use to place trade orders. Every listed security has a unique ticker symbol, facilitating the vast array of trade orders that flow through the financial markets every day.
Top Holdings

The highest amount of publicly traded assets held by a fund. These publicly traded assets may include company stock, mutual funds or other investment vehicles.

Total Assets

The total of all assets listed on the institution’s balance sheet. This figure primarily consists of loans, investments, and fixed assets.

Total Return

The rate of return on an investment over a period of time that includes interest, capital gains, dividends and distributions realized.

Trailing Twelve Months (TTM)

A company's trailing twelve months is a representation of its financial performance over the most recent 12 months. TTM uses the latest available financial data from a company’s interim, quarterly or annual reports.

Treasury Bill (T-Bill)

A short-term debt obligation backed by the U.S. government with a maturity of less than one year. It yields no interest, but is issued at a discount on its redemption price. For example, a 13 week T-bill priced at $14,800 will be worth $15,000 when it matures in 13 weeks. There will be no regular payments during the 13 weeks, just the final $15,000 pay out at the end.

TTM

Trailing Twelve Months (see Trailing Twelve Months).

Turnover Ratio

The percentage of a mutual fund or other investment vehicle's holdings that have been replaced with other holdings in a given year. Generally, low turnover ratio is favorable, because high turnover equates to higher brokerage transaction fees, which reduce fund returns.

Weiss Ratings