This amount is the net asset value per share ("NAV") of the Fund caluclated using amortized cost. The Fund transacts (trades) using this price.
WAM (Weighted Average Maturity) is a measure of a fund's sensitivity to interest rate movements utilizing the interest-rate reset date and not a security's stated final maturity.
WAL (Weighted Average Life) is a measure of a fund's sensitivity to credit spreads or liquidity conditions utilizing a security's stated final maturity date or the date of the next demand feature. WAL does not reflect changes in the interest rate reset date.
A decimal representing the portion of an annual yield earned in one day.