Multiple Choice
Weighted-average maturity (WAM) is a measurement of
A) how old,on average,the assets are in a fund.
B) how long,on average,the assets are held in the fund.
C) the length of time until the average security in a fund will mature or be redeemed by its issuer.
D) the average tenure of the mutual fund's money managers.
Correct Answer:

Verified
Correct Answer:
Verified
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