unit investment trust
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
State Street’s fund is technically set up as an unit investment trust, which pays dividends quarterly.
From Barron's ● Jun. 3, 2026
He begrudgingly created Berkshire’s Class B shares in 1996 after Samuel Katz, a self-described civic entrepreneur, gushed to Buffett in a letter about his plans to create a unit investment trust containing Berkshire’s stock.
From The Wall Street Journal ● Mar. 19, 2026
The reason QQQ is having a proxy vote is because Invesco wants to change the fund from a unit investment trust to an open-ended fund.
From MarketWatch ● Dec. 3, 2025
Further discounts can come for investors who roll the proceeds from one investment trust securities sale into purchasing another unit investment trust.
From Reuters ● Aug. 18, 2010
A unit investment trust is a type of investment company that holds a fixed portfolio of securities and offers redeemable units of that portfolio that terminate after a specified period of time.
From Reuters ● Aug. 18, 2010
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.