Definitions for "Average Maturity"
Average time until maturity for all the securities held by a fund.
An average of the maturity dates for all securities in a money market or bond fund. (The maturity date is the date that a money market instrument or bond buyer will be repaid by the security's issuer.) The longer the average maturity, the more a fund's share price will move up or down in response to changes in interest rates.
The average period it takes for securities to reach maturity held by a mutual fund. Funds with longer average maturity can be greatly affected by fluctuations in interest rates.
Keywords:  breakpoint, return, sale, rate
Average rate of return Breakpoint Sale
The weighted average of the remaining time to receipt of the outstanding principal of a security.