Homework Question: Mutual Funds?

      • I had to take a (required) business course, and one assignment was to track two stocks, two bonds and two mutual funds. We had to pick them all at the beginning of the course, so being the freewheeling and lazy type, I picked mine near the beginning of the listings so they’d be easy to find.
  • Problem is, I can’t find any info at all on the mutual fund symbols I picked. I chose them out of the St Louis newspaper’s listing, which carries them every day, but they do not list on any online financial site and we’re supposed to write out a paper saying why we felt this whatever was such a good pick. So, what is this sh!t?
    ~
    On the “Mutual Funds” page of the newspaper-
    AAL Mutual A:
    -----BalncA p
    -----CaGr
    ?
  • DougC
      • Also, while we’re here, I noticed that for one of the stocks, when I looked up the symbol, it gave me a company, but then the company’s stock symbol given in the profile was different than the one I looked it up by, and the different symbol was not listed at all…? What’s that mean? - DougC
      • Also, while we’re here, I noticed that for one of the stocks, when I looked up the symbol, it gave me a company, but then the company’s stock symbol given in the profile was different than the one I looked it up by, and the different symbol was not listed at all…? What’s that mean? - DougC

For the class A shares:

AABFX

AALGX

The difference in ticker symbols is probably just an extra code letter attached to the ticker symbol. The stock exchanges will add a one letter tag to the end of the ticker symbol to indicate the issue is not a regular issue of common stock (e.g. it’s a perferred stock).