Minimum Permissible NAV

Example Definitions of "Minimum Permissible NAV"
Minimum Permissible NAV. Means $0.9975 for so long as the Fund is rated by Standard & Poor's, and $0.995 if the Fund is not rated by Standard & Poor's.
Minimum Permissible NAV. Means $0.995.
Minimum Permissible NAV. Means $0.995 per share.
All Definitions