classified stock

(redirected from Share class)
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Related to Share class: Class A Stock, Class B Share
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Noun1.classified stock - common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not
common shares, common stock, ordinary shares - stock other than preferred stock; entitles the owner to a share of the corporation's profits and a share of the voting power in shareholder elections; "over 40 million Americans invest in common stocks"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
One share class of Freddie Mac (OTCQB: FMCCK) saw $17 million worth of shares trade in July, a 9,000% month-over-month increase in activity.
At June 30, the ordinary share class had a net asset value of USD14.4 million, or USD0.9386 per share, down from USD22.9 million, or USD0.9778 per share, at the end of 2018.
The actions stem from the SEC's Share Class Selection Disclosure Initiative, which the SEC's Division of Enforcement announced in February 2018 in an effort to identify and promptly correct ongoing harm in the sale of mutual fund shares by investment advisers.
Some of these share classes allow for bundling of plan costs, while others, specifically the R6 share class, are ultra-low cost.
Yet, despite the enormous popularity of mutual funds, many investors do not understand the financial impact of a decision to purchase one share class over another.<br />The multi-class structure<br />Prior to the introduction of the "multi-class" mutual fund structure, choices for investors were limited to "load" or "no load" mutual funds.
The researchers are not suggesting that the valuation of any share class is incorrect, just that the use of the price of a single share class to value all of the outstanding shares can be inappropriate when trying to calculate a firm's aggregate valuation.
In some cases, the difference in share class expense ratios for a particular fund can translate to participants paying three times as much for using one share class over another, according to FeeX.
The first new share class to show up was T shares (or "transactional" shares), which are designed to help financial advisors maintain their traditional business model -- selling mutual funds on commission -- while complying with Labor's rules.
Committees who instead engage a 3(21) registered investment advisor retain ultimate responsibility for fund and share class selection, although these committees often mistakenly believe that they have delegated complete responsibility.
The changes will include the creation of new share classes for the funds, which currently only offer an institutional share class.
Securities and Exchange Commission Thursday, which would give it at most a 9.99 percent stake in the share class.
The National Bank of Abu Dhabi's NBAD Mena Bond Fund has earned dividend income equivalent to $4.58 million for the US dollar share class, Dh2.88 million for the UAE dirham share class and ?57,177.14 for the Euro share class.