HomeDefinitionsCompareDebt Portfolio turnover rateThe financial definition for Portfolio turnover rate:For an investment company, an annualized rate found by dividing the lesser of purchases and sales by the average of portfolio assets. Similar MatchesCharacteristic portfolioCharacteristic portfolioA portfolio which efficiently represents a particular asset characteristic. For a given characteristic, it is the minimum risk portfolio, with portfolio characteristic equal to 1. For example, the characteristic portfolio of asset betas is the benchmark. It is the minimum risk beta = 1 portfolio. Complete portfolioComplete portfolioThe entire portfolio, including risky and risk-free assets. Duplicative portfolioDuplicative portfolioMainly applies to derivative products. Basket of stocks that imitates the price movement of another set of securities (e.g., S&P 500 index). Further SuggestionsExcess return on the market portfolioFactor portfolio Feasible set of portfolios Hedged portfolio Inefficient portfolio Levered portfolio Minimum variance portfolio Click to compare definitions of Portfolio turnover rate Click to view definitions beginning po |