Uniform Gift to Minors Act (UGMA)
State laws that allow any adult to contribute to a custodian account in a minor child's name without having to name a legal guardian or establish a trust.
Undistributed Net Investment Income (UNII)
Represents the life-to-date balance of a fund's net investment income less distributions of net investment income. UNII appears in shareholder reports as a line item on a fund's statement of changes in net assets.
Upside Capture Ratio
Upside Capture Ratio represents the degree to which a strategy outperformed (greater than 100%) or underperformed (less than 100%) the benchmark in periods when the benchmark return was positive. The higher the upside capture ratio, the better.