Glossary of Terms

The information presented here is not intended as financial, investment, tax or legal advice and is provided for educational purposes only.
X
Term
Explanation
X
Appears next to a fund's listing in the newspaper to indicate that the fund recently paid a capital gain or income dividend. This amount was previously included in the funds' net asset value and is deducted from the net asset value when it is paid out. The "x" stands for "ex-dividend."