Portfolio Duration definition

Portfolio Duration means, with respect to more than one type of Fixed Income Securities held by any PPF on any Valuation Date, an amount equal to the average of the Modified Duration of each such Fixed Income Security, weighted on the basis of the Market Values thereof, calculated using the Lehman Brothers Analytics Model or a Substitute Valuation Sou▇▇▇, ▇s of the close of business on such Valuation Date.
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Portfolio Duration. The targeted duration of the portfolio will be that of the liability stream, which Platinum will provide as needed. If no liability stream is available, a duration target of 3.5 years will apply. The portfolio could deviate as much as +/- one year away from this target. There is no limitation placed on the duration of individual securities.
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Portfolio Duration means a weighted average age of cash flows received from assets of a provident fund, calculated according to the rules and procedures as specified by the association;
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Examples of Portfolio Duration in a sentence

  • Treasury Fund Class I ▇▇▇▇▇▇▇▇▇ HBIXX Portfolio Duration and Maturity: · Maximum weighted average maturity not to exceed 30 calendar days, based on time of purchase · Maximum final maturity for Repurchase Transactions not to exceed 95 calendar days (if the 95th calendar day is not a Business Day, then the final maturity shall be the next succeeding Business Day).

  • Portfolio Average Maturity: 28 Years Expected Portfolio Duration: 25 Years Beginning in 2027 (7 years from closing) NLS will make best efforts to market the 2019 PSSA loan portfolio for purchase by interested investors.


More Definitions of Portfolio Duration

Portfolio Duration means, with respect to any group of securities, the Market Value weighted average Modified Duration of such securities as calculated using ▇▇▇▇▇▇ Brothers analytics or another widely recognized, reputable source as of the close of business on the Business Day preceding the relevant Valuation Date, based on the Market Value for each such security on such Business Day.
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Portfolio Duration means the average life of the assets in the investment portfolio of the Fund
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Related to Portfolio Duration

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Portfolio Asset means an asset of an investment fund;

  • Permitted Receivables Net Investment means the aggregate cash amount paid by the purchasers under any Permitted Receivables Financing in the form of a factoring program in connection with their purchase of accounts receivable and customary related assets or interests therein, as the same may be reduced from time to time by collections with respect to such accounts receivable and related assets or otherwise in accordance with the terms of such Permitted Receivables Financing (but excluding any such collections used to make payments of commissions, discounts, yield and other fees and charges incurred in connection with any Permitted Receivables Financing in the form of a factoring program which are payable to any Person other than the Borrower or a Restricted Subsidiary).

  • Portfolio Yield means, with respect to any Due Period, the annualized percentage equivalent of a fraction, the numerator of which shall be the sum of (i) the amount of Finance Charge Collections received during such Due Period, (ii) the amount of Series Yield Collections for each Series then outstanding for such Due Period and (iii) the amount of Series Additional Funds for each Series then outstanding for such Due Period, and the denominator of which shall be the total amount of Principal Receivables in the Trust as of the first day of such Due Period.