wellsfargo.com

Website:https://www.wellsfargo.com
Upvotes received1
Downvotes received0
Karma:0 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (186)

1

1 Thumbs up   0 Thumbs down

minimum subsequent investment


The smallest additional amount of money that can be invested into a security after an initial investment. Generally associated with mutual fund investing.
Source: wellsfargo.com

2

0 Thumbs up   0 Thumbs down

12b-1 fee


Part of the overall expense ratio of mutual funds, this is an annual fee to cover a mutual fund's marketing and distribution cost and is disclosed in a fund's prospectus. Not all funds charge this fee, but a fund that charges more than 0.25% in 12b-1 fees cannot advertise as a no-load fund.
Source: wellsfargo.com

3

0 Thumbs up   0 Thumbs down

401(k)


A defined-contribution retirement plan that allows employees of a company to defer salary pre-tax to invest for retirement. Employers can also make a matching contribution in the plan.
Source: wellsfargo.com

4

0 Thumbs up   0 Thumbs down

403


A defined-contribution retirement plan similar to a 401(k) plan that allows employees of a non-profit organization to defer salary pre-tax to invest for retirement.
Source: wellsfargo.com

5

0 Thumbs up   0 Thumbs down

457


A retirement plan that allows state employees to defer salary pre-tax to invest for retirement.
Source: wellsfargo.com

6

0 Thumbs up   0 Thumbs down

529 college savings plan


A savings plan sponsored by a state to assist with saving money to cover the cost of educational expenses. Earnings grow tax-deferred, but contributions are not tax-deductible. Withdrawals for non-qualified educational expenses are subject to income tax and a 10% IRS penalty. Distributions may be taxable.
Source: wellsfargo.com

7

0 Thumbs up   0 Thumbs down

52-week high


The highest price of a security over the past 52 weeks (split-adjusted).
Source: wellsfargo.com

8

0 Thumbs up   0 Thumbs down

52-week low


The lowest price of a security over the past 52 weeks (split adjusted).
Source: wellsfargo.com

9

0 Thumbs up   0 Thumbs down

actively managed mutual fund


A type of mutual fund where a portfolio manager makes day-to-day decisions about what securities to buy, sell or hold in the portfolio in accordance with the fund's investment objective in an effort to outperform its benchmark index.
Source: wellsfargo.com

10

0 Thumbs up   0 Thumbs down

after-tax return


The profit or loss made on the sale of an investment after all fees, commissions, and income and capital gains taxes have been deducted.
Source: wellsfargo.com


To view all 186 definitions, please sign in.