The Amex Major Market Index is an index of 20 blue chip industrial stocks, 15 of the stocks are included in the Dow Jones Industrial Average. Please note an investor cannot invest directly in an index.
The Amex Pharmaceutical Index or DRG Index, is a market-capitalization weighted index designed to represent a cross section of widely held, highly capitalized companies involved in various phases of the pharmaceutical industry. The DRG Index was developed with a base value of 200.00 on July 31, 1991.
Barclays Inflation/Linked All Maturities Index measures the performance of the major
government inflation linked bond markets, which currently include the U.K., Australia, Canada,
Sweden, the U.S., France and Italy. All maturities are included. Prior to September 1, 2006, the Fund's benchmark was Lehman Brothers Global Real: U.S. TIPS Index.
The BCI General Index is comprised of 296 companies traded on the Milan Stock Exchange. Please note an investor cannot invest directly in an index.
The Bear Stearns High Yield Index comprises securities across a wide spectrum of industries with at least one year to maturity. All fixed-income, non-convertible, dollar-denominated securities rated both BB+ and Ba1 or lower (split-rated crossover issues are not included) with outstanding par value of at least $100 million are included. Please note an investor cannot invest directly in an index.
The Bond Buyer 25-Revenue Bond Index is the average yield on 25 revenue bonds rating "A1" by Moody's Investors Service, which is a nationally recognized agency. The Bond Buyer is a daily publication specializing in fixed-income securities. Please note an investor cannot invest directly in an index.
The Bond Buyer One Year Note Index is an index calculated using 10 note issuers: California, Colorado, Idaho, Michigan, Pennsylvania, Texas, Wisconsin, Los Angeles County, NYC, and NJ. All issues are rated MIG-1 by Moody's Investor Service. Please note an investor cannot invest directly in an index.
The 20-Bond Bond Buyer Index is the average tax-exempt market value, expressed in terms of yield, on the general obligation bonds of twenty selected issuers with Moody's ratings ranging from Baa1 to Aaa, averaging Al, and maturing in twenty years.
CBOE Market Volatility Index was introduced in 1993 by the Chicago Board Options Exchange (CBOE) to measure the implied volatility of the U.S. equity market. The index is calculated in real-time using the Standard and Poor's 100 Index (OEX) options. The index is calculated by taking a weighted average of the implied volatilities of eight OEX calls and puts having an average time to maturity of 30 days. Please note an investor cannot invest directly in an index
The Chicago Board Options Exchange SPX Volatility Index reflects a market estimate of future volatility, based on the weighted average of the implied volatilities for a wide range of strikes, first and second month expirations are used until eight days from expiration, then the second and third are used.
The Citi 1 Month U.S Treasury Bill Index measures monthly returns equivalent of yield averages that are not market to market. Returns are calculated on a monthly basis.
The Citigroup 6-Month U.S. Treasury Bill Index performance is an average of the last 6-Month Treasury Bill issues. 6-Month U.S. Treasury Bills are guaranteed by the U.S. government and provide a fixed rate of return when held to maturity.
The Citigroup 1-5 Year Treasury Bond Index is a broad measure of the performance of short-term U.S. Treasury securities. Please note an investor cannot invest directly in an index.
The Citigroup 1-10 Year Treasury Bond Index is a broad measure of the performance of the short-term and medium-term U.S. Treasury securities.
The Citigroup Broad Investment Grade Bond Index includes institutionally traded U.S. Treasury Bonds, government-sponsored bonds (U.S. Agency and supranational), mortgage-backed securities and corporate securities. Please note an investor cannot invest directly in an index.
The Citi Euro Big Index provides a benchmark for Euro Bonds fixed-income portfolios. It covers all sectors of the investment grade fixed income market that are accessible to institutional investors and accurately measures their performance and its characteristics.
The Citigroup Corporate Index 10+ is an unmanaged broad-based index of corporate bonds with maturities greater than 10 years. Please note an investor cannot invest directly in an index.
The Citigroup High Yield Market (7-10 Year) Index is an unmanaged broad-based index of high yield bonds with a remaining maturity of at least seven years, but less than ten years. Please note an investor cannot invest directly in an index.
The Citigroup High Yield Market Index is a broad-based unmanaged index of high yield securities. Please note an investor cannot invest directly in an index.
The Citigroup Mortgage Index includes GNMA, FHLMC, and FNMA pass-throughs and is re-weighted each month to reflect new issuance and
principal paydowns. All mortgage pools are aggregated by coupon within agency or product type. Only coupons with at least US$5 billion in aggregated face amount outstanding are included in the index. Please note that an investor cannot invest directly in an index
The Citigroup Mortgage Securities Index is the mortgage component of the Citigroup Broad Investment-Grade Bond Index. It includes 30- and 15-year GNMA, Fannie Mae and Freddie Mac pass-throughs, and Fannie Mae and Freddie Mac balloon mortgages. Please note an investor cannot invest directly in an index.
The Citigroup Non-U.S. Government Bond Index is an index of bonds from several major world government bond markets outside the U.S. with maturities of less than 1 year. Please note an investor cannot invest directly in an index.
The Citigroup One-Year Treasury Bill Index consists of one 1-Year United States Treasury Bill whose return is tracked until its maturity. Please note an investor cannot invest directly in an index.
The Citigroup Treasury/Government Sponsored/Credit 1-3 Year Index is a broad-based index of short-term U.S. Treasury and corporate debt securities. An index does not reflect deductions for fees, expenses or taxes. It is not possible to invest directly in an index.
The Citigroup Treasury/Government Sponsored/Corporate 1-5 Year Index is a broad measure of the performance of short-term U.S. Treasury and corporate fixed-income securities. Please note an investor cannot invest directly in an index.
The Citigroup Treasury/Mortgage Index is a component of the Citigroup US Broad
Investment-Grade (USBIG) Bond Index. It includes institutionally-traded fixed
rate US Treasury securities and mortgages. Mortgages are comprised of 30- and
15-year GNMA, FNMA and FHLMC pass-throughs and FNMA and FHLMC balloon mortgages. Please note an investor cannot invest directly in an index.
The Citigroup U.S. Agency Index is the U.S. Agency component of the Citigroup Broad Investment-Grade Bond Index. Please note an investor cannot invest directly in an index.
The Citigroup World Extended Market Index is a component of the Broad Market Index, which defines the small-capitalization stock universe or remaining 20% of the capital of each country within the index. Its universe spans 22 countries and includes listed shares of countries with a total available market capitalization of at least the local equivalent of $100 million on the last business day of May each year. Please note an investor cannot invest directly in an index.
The Citigroup World Government Bond Index is a market capitalization-weighted benchmark that tracks the performance of the government bond markets of 14 countries. Please note that an investor cannot invest directly in an index.
The World Broad Investment Grade (WorldBIG) Bond Index is a composite of a number of smaller indexes. It is divided into three asset classes: (1) government/government-sponsored, (2) collateralized, and (3) corporate. The index includes sovereign debt of Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Bonds included in the index are sovereign debt denominated in the local currency of the issuing country, and must have at least one year remaining to maturity and rated at a minimum of BBB-/Baa3 by either S&P or Moody's ratings services with some exceptions.
The Commodity Research Bureau Index is an index that measures the overall direction of commodity sectors. The Index was designed to isolate and reveal the directional movement of prices in overall commodity trades. Please note an investor cannot invest directly in an index
The Consumer Expectation Index gauges future household spending projections and includes: business performance, household life, consumer spending, purchase of durable goods, dining, entertainment and cultural activities. Please note an investor cannot invest directly in an index.
Small-cap stocks are represented by the DFA Small Cap Stock Index, a market value-weighted index of the ninth and tenth deciles of the NYSE, plus stocks listed on the AMEX and over-the-counter markets with the same or less capitalizations as the upper bound of the NYSE ninth docile. Please note an investor cannot invest directly in an index.
The DJIA is a widely followed measurement of the stock market. The average is comprised of 30 stocks that represent leading companies in major industries. These stocks, widely held by both individual and institutional investors, are considered to be all blue-chip companies. Please note an investor cannot directly invest in an index.
The Dow Jones U.S. Biotechnology Index measures the performance of U.S. companies that are in genetic research, marketing and development of recombinant DNA products, makers of artificial blood and contract biotechnology researchers. The Biotech Index is one of four sub-groups within the Dow Jones U.S. Healthcare Sector Index. The stocks represented by this index involve investment risks, which may include the loss of principal invested.
Dow Jones Wilshire Real Estate Securities Index is a broad measure of the performance of publicly traded real estate securities, such as Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs). The index is capitalization-weighted
The FTSE World Europe ex. U.K. index consists of large and mid-cap public equities in the countries of Europe, including all of the advanced emerging markets and all developed markets. It is part of the FTSE All World/World (Large and Mid) group.
The Goldman Sachs 100 Convertible Securities Index is an equally-weighted index of 100 leading convertible securities, designed to represent the broad U.S. convertibles market. Please note an investor cannot invest directly in an index.
The Goldman Sachs Financials Index is an unmanaged market-value weighted index comprised of companies in the banking services, brokerage, asset management, insurance and real estate industries. Please note an investor cannot invest directly in an index.
The Goldman Sachs Healthcare Index is an unmanaged market-value weighted index comprised of healthcare service companies including long-term care and hospital facilities, healthcare management organizations and continuing care services and pharmaceutical companies. Please note an investor cannot invest directly in an index.
The Goldman Sachs Technology Index is a broad-based measure of U.S.-traded technology stocks. The Index is comprised of six sub-indices—hardware, computer software, services, semiconductors, Internet and multimedia networking. Please note an investor cannot invest directly in an index.
The Government National Mortgage Association Master Mortgage Index includes various weightings of all outstanding coupons issued in 15- and 30-year GNMA mortgage pass-throughs. Please note an investor cannot invest directly in an index.
Average for all major taxable and tax-free money market mutual fund yields published weekly for 7- and 30-day simple and compound (assumes reinvested dividends) yields. IMoneyNet also tracks the average maturity of securities in money fund portfolios. A short maturity of about 30 days or less reflects the conviction of funds managers that interest rates will rise, and a long maturity of 60 days or more reflects a sentiment that rates will fall.
Institute for Supply Management Index (formerly the National Association of Purchasing Managers Index)
The Institute for Supply Management's composite PMI Index (formerly the National Association of Purchasing Managers Index) is based on a survey of purchasing executives who buy the raw materials for manufacturing at more than 350 companies. It offers an early reading on the health of the manufacturing sector. Please note an investor cannot invest directly in an index.
The JPMorgan Emerging Markets Bond Index Global ("EMBI Global") tracks total returns for U.S. dollar denominated debt instruments issued by emerging market sovereign and quasi-sovereign entities: Brady bonds, loans, Eurobonds, and local market instruments. Countries covered are Algeria, Argentina, Brazil, Bulgaria, Chile, China, Colombia, Cote d'Ivoire, Croatia, Ecuador, Greece, Hungary, Lebanon, Malaysia, Mexico, Morocco, Nigeria, Panama, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Thailand, Turkey and Venezuela. Please note an investor cannot invest directly in an index
The JPMorgan Emerging Markets Bond Index Plus is a total return index that tracks the traded market for U.S. dollar-denominated Brady and other similar sovereign restructured bonds traded in the emerging markets. Please note an investor cannot invest directly in an index.
The JPMorgan Global Government Bond Market Index is a daily, market capitalization-weighted, international fixed-income index consisting of 13 countries. Please note an investor cannot invest directly in an index.
The JPMorgan Government Bond Index—Global Unhedged is a daily, market capitalization-weighted, international fixed-income index consisting of 13 countries. Please note an investor cannot invest directly in an index.
The JPMorgan U.S. Dollar Global High Yield Bond Index is a dollar-denominated index consisting of non-investment-grade corporate bonds, which are issued by both U.S. and non-U.S. companies. Please note an investor cannot invest directly in an index.
A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in the state of New York. All securities have long-term maturities (greater than 2 years) and are selected from issues larger than $50 million.
An unmanaged index of municipal bonds issued after January 1, 1999 with a minimum credit rating of at least Baa, been issued as part of a deal of at least $50 million, have a maturity value of at least $5 million and a maturity range of 12 to 17 years. As of January 1996, the index also includes zero coupon bonds and bonds subject to the Alternative Minimum Tax.
The Lehman Brothers 1-10 Year Municipal Bond Index is a broad-based, total-return index comprised of bonds which are all investment-grade, fixed-rate securities with maturities between one and ten years. Please note an investor cannot invest directly in an index.
The Lehman Brothers Three-Year Municipal Bond Index is a broad measure of the municipal bond market with maturities of approximately three years.
The Lehman Brothers Five-Year Municipal Bond Index is a market-value-weighted index representative of the medium term (4 to 6 years) tax-exempt bond market.
The Lehman Brothers 7-Year Municipal Bond Index is an unmanaged index comprised of investment grade municipal bonds with maturities of six to eight years. It is weighted according to the total market value of each bond in the Index.
The Lehman Brothers 10-Year Municipal Bond Index is a broad-based index comprised of approximately 5,000 bonds. Please note an investor cannot invest directly in an index.
The Lehman Brothers 1-3 Year Government Bond Index is a broad measure of the performance of short-term government bonds. Please note an investor cannot invest directly in an index.
The Lehman Brothers 1-3 Year Government/Corporate Bond Index is a broad measure of the performance of short-term government and corporate fixed-rate debt issues. Please note an investor cannot invest directly in an index.
The Lehman Brothers 4 Years Plus Index is a broad measure of the municipal bond market with maturities of at least four years. Please note an investor cannot invest directly in an index.
The Lehman Brothers 1-3 Year U.S. Government Index is a broad measure of the performance of short-term government bonds. Please note an investor cannot invest directly in an index.
The Lehman Brothers 1-5 Year U.S. Treasury Index is a market capitalization-weighted index including all U.S. Treasury notes and bonds with maturities greater than or equal to one year and less than five years. Please note an investor cannot invest directly in an index
The Lehman Brothers Asset-Backed Index is composed of debt securities backed by credit card, auto and home equity loans that are rated investment grade or higher by Moody's Investors Service, Standard & Poor's Ratings Service or Fitch Investor's Service, in that order. Issues must have at least one year to maturity and an outstanding par value of at least $50 million. Price, coupon and total return are reported on a month-end to month-end basis. All returns are market value-weighted inclusive of accrued interest but do not include adjustments for advisory fees or other expenses. Please note an investor cannot invest directly in an index.
The Lehman Brothers California Intermediate Municipal Bond Index is a market value weighted index of California investment grade (Baa3/BBB- or higher) fixed-rate municipal bonds with maturities of five to ten years. Please note that an investor cannot invest directly in an index.
Lehman Brothers California Municipal Bond Index is a market value weighted index of California investment grade fixed-rate municipal bonds with maturities of one year or more. Please note an investor cannot invest directly in an index.
The Lehman Brothers CA 1-17 Year Municipal Bond Index includes investment-grade California Municipal bonds with maturities between 1 and 17 years. Please note an investor cannot invest directly in an index.
The Lehman Brothers General U.S. Government Index includes U.S. Treasuries and agencies with maturities of one year or greater having a minimum outstanding principal of $100 million and are only fixed coupon securities.
The Lehman Brothers Global Aggregate Index is an index comprised of several other Lehman Brothers indexes that measure fixed income performance of regions around the world.
The Lehman Brothers Global High-Yield Index provides a broad-based measure of the global high-yield fixed income markets. The Global High-Yield Index represents that union of the U.S. High-Yield, Pan-European High-Yield, U.S. Emerging Markets High-Yield, CMBS High-Yield, and Pan-European Emerging Markets High-Yield Indices.
The Lehman Brothers NY 4+ Year Index is a market value-weighted index of New York fixed-rate investment grade municipal bonds with maturity of at least four years.
The Lehman Brothers Government Bond Index is a broad-based index of all public debt obligations of the U.S. government and its agencies that have an average maturity of roughly nine years.
The Lehman Brothers Government/Corporate Bond Index tracks the performance of the overall bond market and is a broad measure of the performance of government and corporate fixed-rate debt issues. Please note an investor cannot invest directly in an index.
The Lehman Brothers Government/Corporate Intermediate Bond Index is a broad measure of bonds with maturities of up to ten years. Please note an investor cannot invest directly in an index.
The Lehman Brothers Government/Corporate Long Bond Index is a broad measure of bonds with maturities of more than ten years. Please note an investor cannot invest directly in an index.
The Lehman Brothers Long Term Credit Bond Index is a broad-based unmanaged index of investment-grade corporate bonds.
The Lehman Brothers High Yield Index covers the universe of fixed rate, non-investment grade debt, including corporate and non-corporate sectors. Pay-in-kind (PIK) bonds, Eurobonds, and debt issues from countries designated as emerging markets are excluded, but Canadian and global bonds (SEC registered) of issuers in non-emerging market countries are included. Original issue zero coupon bonds, step-up coupon structures, and 144-As are also included. Please note an investor cannot invest directly in an index.
The Lehman Brothers High Yield 2% Iss Cap Index consists of all domestic and Yankee bonds with a minimum outstanding amount of $100 million and maturing over one year.
The Lehman Brothers Global Real Index: U.S. TIPS ("LBGR TIPS") represents an unmanaged market index made up of U.S. Treasury Inflation Linked Index securities. Please note an investor cannot invest directly in an index
The Lehman Government/Corporate Bond Index is a broad- based bond index composed of government and corporate debt issues that are investment grade (rated Baa/BBB or higher). Please note an investor cannot invest directly in an index.
The Lehman Brothers Government/Credit Bond Index is a broad-based index composed of government and corporate debt issues that are investment grade (rated Baa/BBB or higher). Please note an investor cannot invest directly in an index
The Lehman Brothers Intermediate Government/Credit Index is a market value weighted performance benchmark for government and corporate fixed-rate debt issues (rated Baa/BBB or higher) with maturities between one and ten years. Please note an investor cannot invest directly in an index.
The Lehman Brothers Intermediate Term Government Bond Index is comprised of approximately 1,000 issues of U.S. Government Treasury and Agency Securities. Please note an investor cannot invest directly in an index.
The Lehman Brothers Long-Term Corporate Bond Index is comprised of all publicly issued, fixed rate, non-convertible and dollar-denominated investment-grade corporate debt from a diverse range of industries with an average maturity of approximately 23 years. Please note an investor cannot invest directly in an index.
The Lehman Brothers Massachusetts Municipal Bond Index is a market value weighted index of Massachusetts investment grade (Baa3/BBB- or higher) fixed-rate municipal bonds with maturities of one year or more. Please note that an investor cannot invest directly in an index.
The Lehman Brothers Mortgage Bond Index is a broad measure of the performance of mortgage-backed bonds in the U.S. market. Please note an investor cannot invest directly in an index.
The Lehman Brothers Mortgage-Backed Securities Index is composed of about 600 15-year to 30-year fixed-rate mortgage-backed pools of Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Corporation. Please note an investor cannot invest directly in an index.
The Lehman Brothers Municipal Bond Index is a market value weighted index of investment grade municipal bonds with maturities of one year or more.
The Lehman Brothers Municipal Long Bond Index is a sub-index (consisting of bonds with maturities of at least 22 years) of the Lehman Brothers Municipal Bonds Index, a broad-based, total return index comprised of investment grade, fixed rate municipal bonds selected from issues larger than $50 million issued since January 1991. Please note an investor cannot invest directly in an index.
The Lehman Brothers Municipal Non-Investment Grade Bond Index includes issues which have a maximum credit rating of Ba1, as rated by Moody's, are issued as part of a deal of at least $20 million, have an amount outstanding of at least $3 million, have a maturity of at least one year, and have been issued after December 31, 1990. Please note an investor cannot invest directly in an index.
A market value-weighted index of New Jersey fixed-rate investment-grade municipal bonds, including Port Authority of New York and New Jersey bonds, with maturities of one year or more.
The Lehman Brothers New York Intermediate Municipal Bond Index is a market value weighted index of New York investment grade (Baa3/BBB- or higher) fixed-rate municipal bonds with maturities of five to ten years. Please note that an investor cannot invest directly in an index.
Lehman Brothers Oregon Municipal Bond Index is a market value weighted index of Oregon investment grade fixed-rate municipal bonds with maturities of one year or more. Please note an investor cannot invest directly in an index.
Comprised of investment-grade, tax exempt Pennsylvania municipal bonds with maturities of 2 years or greater.
The Lehman Brothers Treasury Index is a measure of the public obligations of the U.S. Treasury. Please note an investor cannot invest directly in an index.
Composed of all bonds covered by the Lehman Brothers Treasury Index with maturities between one and 9.9 years. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. Indexes are rebalanced monthly by market capitalization.The Lehman Brothers Treasury Index is a measure of the public obligations of the U.S. Treasury. Please note an investor cannot invest directly in an index.
The Lehman Brothers U.S. Aggregate Index is a broad-based bond index comprised of government, corporate, mortgage and asset-backed issues, rated investment grade or higher, and having at least one year to maturity. Please note an investor cannot invest directly in an index.
The Lehman Brothers U.S. Credit Index is a broad-based index composed of government and corporate debt issues that are investment grade (rated Baa/BBB or higher). Please note an investor cannot invest directly in an index
The Lehman Brothers U.S. Corporate High Yield 2% Issuer Cap Index is an index of the 2%
Issuer Cap component of the Lehman Brothers U.S. Corporate High Yield Index, which covers
the U.S. dollar-denominated, non-investment grade fixed-rate, taxable corporate bond market.
An investor cannot invest directly in an index.
The Lehman Brothers U.S. Corporate Investment Grade Index is an unmanaged index consisting of publicly issued US Corporate and specified foreign debentures and secured notes that are rated investment grade (Baa3/BBB- or higher) by at least two ratings agencies, have at least one year to final maturity and have at least $250 million par amount outstanding. To qualify, bonds must be SEC-registered.
The Lehman Brothers U.S. Dollar Floating Rate Note (FRN) Index provides a measure of the U.S. dollar denominated floating rate note market. The index measures the performance of floating rate notes across sector, credit quality, maturity, and asset class sectors
Lehman Brothers U.S. Fixed-Rate Mortgage Backed Securities Index is an unmanaged index composed of securities backed by 15-year to 30-year fixed-rate mortgage pools of Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation.
The Lipper Large Growth is an equally weighted index of the largest 30 funds within the large company growth funds investment objective as defined by Lipper Inc. The index is adjusted for the reinvestment of capital gains and income dividends. The Lipper Numeric Rank is the numerical position achieved by the fund within its Lipper classification universe of funds that existed for that time period.
The Lipper U.S. Mortgage Average is an average composed of mutual funds that invest in U.S. mortgage-backed securities. Lipper is an independent mutual fund-tracking organization. Please note an investor cannot invest directly in an index.
The Buying Power Index is an intermediate and longer-term measurement of the effect buyers are producing (Demand), as evidenced by the GAINS and UPSIDE VOLUME registered by advancing stocks. This is a multiple time period index, which in its final construction, not only takes into account the number of stocks registering advances, but includes and evaluates such upside action both in terms of actual POINTS GAINED and related UPSIDE VOLUME. The average time period for the several components making up this index is 50 trading days.
The Selling Pressure Index is Lowry's way of representing the force of supply. It is computed in the same manner as the Buying Power Index, but it is constructed from the action of declining stocks in terms of POINTS LOST and DOWNSIDE VOLUME.
The Merrill Lynch Global Government ex-US Index tracks the performance of investment grade sovereign debt publicly issued and denominated in its own domestic market and currency. Current countries that meet the qualification standards are: Australia, Canada , Denmark, Euro member countries, Japan, Mexico, Poland, South Korea, Sweden, Switzerland, United States, and United Kingdom.
The Merrill Lynch Investment Grade Convertible Bond Index is an index comprised of convertible bonds rated investment grade.
The Merrill Lynch 1-3 Year U.S. Treasury Index is a market capitalization-weighted index including all U.S. Treasury notes and bonds with maturities greater than or equal to one year and less than three years. Please note an investor cannot invest directly in an index.
The Merrill Lynch All Convertibles Index is a rule driven index, which includes all bonds and preferred stocks of U.S.-registered companies, which have $50 million or more in aggregate market value and are convertibles in U.S. dollar-denominated common stocks, ADRs or cash equivalents. Please note an investor cannot invest directly in an index.
The Merrill Lynch All Convertibles, All-Qualities (U.S.) Index is a rule driven index, which includes all convertible bonds and convertible preferred securities of U.S.-registered companies that have $50 million or more in aggregate market value and are convertible into U.S.-dollar denominated common stocks, ADRs or cash equivalents. Please note an investor cannot invest directly in an index.
The Merrill Lynch Global Index is a broad-based, unmanaged index of high-yield securities. Please note an investor cannot invest directly in an index.
The Merrill Lynch GNMA Master Index is a market capitalization weighted index of securities backed by mortgage pools of the Government National Mortgage Association (GNMA). Please note an investor cannot invest directly in an index.
The Merrill Lynch High Yield Master Index is a market capitalization-weighted index of all domestic and Yankee High-Yield Bonds. Issues included in the index have maturities of at least one year and have a credit rating lower than BBB-Baa3, but are not in default. Please note an investor cannot invest directly in an index.
The Merrill Lynch U.S. Corporate & Government 10+ Years Index is a broad measure of the performance of U.S. government and corporate fixed-rate debt issues with maturities greater than 10 years. Please note an investor cannot invest directly in an index.
Merrill Lynch 6-Month Treasury Bill Index is an unmanaged index of U.S. Treasury securities with maturities of six months, which securities are guaranteed as to the timely payment of interest and principal by the U.S. government. The Index assumes no management, custody, transaction or other expenses.
The Merrill Lynch U.S. Treasury 5-10 Years Index consists of bonds with an outstanding par, which is greater than or equal to $25 million, a maturity ranging between 5 and 10 years and have fixed rate coupons greater than 4.25%. Please note an investor cannot invest directly in an index.
The Milan MIBtel 30 Index is comprised of 30 of the most liquid and highly capitalized stocks listed on the Milan Stock Exchange, which account for 70% of the exchange's total market cap. Please note an investor cannot invest directly in an index.
The Morgan Stanley REIT Index is a capitalization-weighted index of the most actively traded Real Estate Investment trusts (REITs), designed to measure real estate equity performance. Please note an investor cannot invest directly in an index.
The MSCI (All Country World Index) Free Index represents the performance of 47 markets in both the developed and emerging markets in Africa, Europe, North America and South America. Please note an investor cannot invest directly in an index.
The MSCI All Country World Index is a market capitalization weighted equity index of stocks traded in 47 world markets. Please note that an investor cannot invest directly in an index.
The MSCI All Country Asia Free Ex-Japan Index is a broad-based unmanaged index of Asian stocks. It does not include the stocks of companies that are based in Japan. Please note an investor cannot invest directly in an index.
The MSCI All Country Asia Free Ex-Japan Index consists of the equity total returns for Europe and Southeast Asia--not including Japan. Please note an investor cannot invest directly in an index.
The MSCI All Country Asia Pacific Index is an unmanaged index of common stocks of companies located in Australia, New Zealand and the countries in the Far East. Please note an investor cannot invest directly in an index.
The MSCI EAFE Growth Index is a market capitalization-weighted index that measures the performance of the leading growth stocks in 21 developed countries outside of North America. (The 21countries include Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Australia, New Zealand, Hong Kong, Japan and Singapore.)
The MSCI EAFE GDP Index is an unmanaged index of common stocks of companies of companies located in Europe, Australasia and the Far East, generally considered representative of foreign markets.
The MSCI EAFE Index is a free float-adjusted market capitalization index designed to measure developed market equity performance, excluding the U.S. and Canada. The MSCI EAFE Index consists of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
The MSCI Europe, Australasia and Far East Index is an unmanaged index of value stocks of companies located in Europe, Australasia and the Far East. Please note an investor cannot invest directly in an index.
The MSCI Emerging Markets Free Index consists of emerging market companies with an average size of $800 million. The index measures the performance of emerging markets in South America, South Africa, Asia and Eastern Europe. Please note an investor cannot invest directly in an index.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The MSCI Emerging Markets Index consists of the following 25 emerging market country indices: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey.
The MSCI Europe Equity Index is a total return index, reported in U.S. dollars, based on share prices and reinvested gross dividends of approximately 600 companies from the following 14 countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom.
The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe. As of June 2006, the Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
The MSCI European Market Index is an unmanaged index of common stocks of companies located in Europe. Please note an investor cannot invest directly in an index.
The MSCI Italy Index is comprised of 50 companies traded on the Milan Stock Exchange. Please note an investor cannot invest directly in an index.
The MSCI USA Index is designed to broadly and fairly represent the full diversity of business activities in the United States. As of the close of May 31, 2002, the Index will aim to capture 85% of the free float adjusted market capitalization in each industry group. Please note an investor cannot invest directly in an index.
The MSCI World Energy Index is a free float-adjusted market capitalization index that is designed to measure global developed market equity performance and focuses on the energy sector. Please note an investor cannot invest directly in an index.
The MSCI All-Country World Free Index represents the performance of 47 markets in both the developed and the emerging markets in Africa, Asia, Australia, Europe, North America and South America. Please note an investor cannot invest directly in an index.
MSCI World Index, which is an unmanaged index of common stocks of companies representative of the market structure of 22 developed market countries in North America, Europe, and the Asia/Pacific Region. The index is calculated without dividends, with net or with gross dividends reinvested, in both U.S. dollars and local currencies.
The MSCI World Index is an unmanaged index considered representative of growth stocks of developed countries. Index performance is calculated with net dividends. Please note an investor cannot invest directly in an index.
The MSCI World Metals & Mining Index is a free float-adjusted market capitalization index that is designed to measure global developed market equity performance and focuses on the metal and mining sectors. Please note an investor cannot invest directly in an index.
The Nasdaq 100 Index is a modified capitalization-weighted index comprised of 100 of the largest non-financial companies listed on the National Market tier of the NASDAQ stock market. Please note an investor cannot invest directly in an index.
The Nasdaq Composite Index is a market-value weighted index, which measures all securities listed on the NASDAQ stock market. Please note an investor cannot invest directly in an index.
The Puerto Rico Stock Index (PRSI) is a market capitalization-weighted measure of all publicly traded stocks of companies headquartered in Puerto Rico. Please note an investor cannot invest directly in an index.
The Russell 1000 Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.
The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Please note an investor cannot invest directly in an index.
The Russell 1000 Value Index measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. An investor cannot invest directly in an index.
The Russell 2000 Growth Index measures the performance of those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.
The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, which represents approximately 8% of the total market capitalization of the Russell 3000 Index.
The Russell 2000 Value Index measures the performance of those Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values. Please note an investor cannot invest directly in an index.
The Russell 2500 Growth Index measures the performance of those Russell 2500 companies with higher price-to-book ratios and higher forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) The Russell 2500 Growth Index measures the performance of the 2,500 smallest companies in the Russell 3000 Index. Please note an investor cannot invest directly in an index.
Russell 2500 Growth Index measures the performance of the 2,500 smallest companies in the Russell 3000 companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.
The Russell 2500 Index measures the performance of the 2,500 smallest companies in the Russell 3000 Index, which represent approximately 16% of the total market capitalization of the Russell 3000 Index. Please note an investor cannot invest in an index.
The Russell 2500 Value Index measures the performance of those Russell 2500 companies with lower price-to-book ratios and lower forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) Please note an investor cannot invest directly in an index.
The Russell 3000 Growth Index measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.
The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization, which represents approximately 98% of the U.S. equity market. Please note an investor cannot invest directly in an index.
The Russell 3000 Value Index measures the performance of those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) Please note an investor cannot invest directly in an index.
The Russell Midcap Growth Index measures the performance of those Russell Midcap companies with higher price-to-book ratios and higher forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.)
The Russell Midcap Index measures the performance of the 800 smallest companies in the Russell 1000 Index, which represents approximately 25% of the total market capitalization of the Russell 1000 Index. Please note an investor cannot invest directly in an index.
The Russell Midcap Value Index measures the performance of those Russell MidCap companies with lower price-to-book ratios and lower forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) The stocks are also members of the Russell 1000 Value Index. Please note an investor cannot invest directly in an index
The Russell Top 200 Growth Index measures the performance of those Russell Top 200 companies with higher price-to-book ratios and higher forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) Please note an investor cannot invest directly in an index.
The Russell Top 200 Index measures the performance of the 200 largest companies in the Russell 1000 Index, which represents approximately 76% of the total market capitalization of the Russell 1000 Index. Please note an investor cannot invest directly in an index.
The Russell Top 200 Value Index measures the performance of those Russell Top 200 Index companies with lower price-to-book ratios and lower forecasted growth values. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) Please note an investor cannot invest directly in an index.
The S&P MidCap 400/Citigroup Value Index is designed to provide a comprehensive measure of mid-cap U.S. equity "value" performance. It is an unmanaged float adjusted market capitalization weighted index comprised of stocks representing approximately half the market capitalization of the S&P MidCap 400 Index that have been identified as being on the value end of the growth-value spectrum. An investor cannot directly invest in an index.
The S&P MidCap 400/Citigroup Growth Index is designed to provide a comprehensive measure of mid-cap U.S. equity "growth" performance. It is an unmanaged float adjusted market capitalization weighted index comprised of stocks representing approximately half the market capitalization of the S&P MidCap 400 Index that have been identified as being on the growth end of the growth-value spectrum. An investor cannot directly invest in an index.
The S&P 500/Citigroup Growth Index is an index of stocks representing approximately half of the market capitalization of the stocks in the S&P 500 index that, on a growth-value spectrum, have been identified as falling either wholly or partially within the growth half of the spectrum based on a number of factors. Until December 16, 2005, when Standard & Poor's changed both the name of the index and its calculation methodology, the index was called the S&P 500/BARRA Growth Index..
The S&P 500/Citigroup Value Index is an index of stocks representing approximately half of the market capitalization of the stocks in the S&P 500 Index that, on a growth-value spectrum, have been identified as falling either wholly or partially within the value half of the spectrum based on a number of factors. Until December 16, 2005, when Standard & Poor's changed both the name of the index and its calculation methodology, the index was called the S&P 500/BARRA Value Index.
The S&P 500 Index is an unmanaged index of 500 stocks that is generally representative of the performance of larger companies in the U.S. Please note an investor cannot invest directly in an index.
The S&P MidCap 400 Index is a market-value weighted index which consists of 400 domestic stocks chosen for market size, liquidity, and industry group representation. An investor cannot invest directly in an index.
The S&P 400 MidCap Barra Growth Index is a market-capitalization weighted index of stocks in the S&P 400 MidCap having higher price-to-book ratios relative to the S&P 400 MidCap as a whole. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) An investor cannot invest directly in an index.
The S&P 400 MidCap Barra Value Index is a market-capitalization weighted index of stocks in the S&P 400 MidCap having lower price-to-book ratios relative to the S&P 400 MidCap as a whole. (A price-to-book ratio is the price of a stock compared to the difference between a company's assets and liabilities.) An investor cannot invest directly in an index.
The S&P SmallCap 600 Index is a market-value weighted index, which consists of 600 domestic stocks chosen for market size, liquidity, and industry group representation. An investor cannot invest directly in an index.
The S&P Financial Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate value of 500 stocks representing all major industries. The S&P Financial Index is one of 10 sectors and is a subset of the S&P 500.
The S&P Utility Index is an unmanaged market cap-weighted index of natural gas and electric companies. An investor cannot invest directly in an index.
The Value Line Composite Index-Geometric is composed of the 1,700 stocks traded by the Value Line Investment Survey. An investor cannot invest directly in an index.
The Wilshire 4500 Completion Index measures the performance of all small and midcap stocks. It's constructed using the Wilshire 5000 securities with the companies in the S&P's 500 Index removed. An investor cannot invest directly in an index.
The Wilshire 5000 Total Market Index is the broadest stock market indicator covering the performance of the entire U.S. equity market, which consists of over 7,000 U.S. headquartered equity securities individually weighted by market capitalization. Please note that an investor cannot invest directly in an index.