The sale and repurchase of the same asset within 30 days. The IRS does not allow an investor to claim a tax loss on a wash sale.
Weighted Average Days to Expiration
Average days to expiration for all call options in the fund's portfolio, weighted by notional values.
Weighted Average Rating Factor (WARF)
A measure that is used by credit rating companies to determine the credit quality of a portfolio. This measure allows rating companies to look at a portfolio as a single security and assign it a single rating. WARFs are usually calculated by rating companies for collateralized debt obligations (CDOs).
Wilshire U.S. Real Estate Securities IndexSM
The index is designed to measure U.S. publicly-traded real estate securities.
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