Meaning SPDRS: SPDRs (Spiders) are designed to track the value of the Standard ; Poor's 500 Composite Price Index. Stands for Standard ; Poor's Depositary Receipt. They trade on the American Stock Exchange under the symbol SPY. SPDRs are similar to closed-end funds but are formally known as, a unit investment trust. One SPDR unit is valued at approximately one-tenth (1/10) of the value of the S;P 500. Dividends are disbursed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust. See: Mid-cap SPDR
More terms such as SPDRs in Dictionary S.
- Definition Security Characteristic Line:
- Examples A plot on a graph of the excess return on a security over the risk-free rate as a function of the excess return on the market. The slope of this line is the security's beta spdrs definition.
- Definition Structured Portfolio Strategy:
- Examples Desigining a portfolio to achieve a level of performance that matches some predetermined liabilities that must be paid out in the future spdrs explain.
- Definition Short:
- Examples One who has sold a contract to establish a market position and who has not yet closed out this position through an offsetting purchase; the opposite of a long position. Related: Long spdrs what is.
- Definition Subscription Price:
- Examples Price that current shareholders pay for a share of stock in a rights offering spdrs meaning.
- Definition Short Coupon:
- Examples covering less than six-months' interest, because the original issue date is less than six months from the first scheduled interest payment. A bond with a short time to maturity, usually two spdrs abbreviation.
