PILOT CLUB OF TITUSVILLE is a member of Pilot International, a global organization celebrating ninety-one exciting years of history-making service programs and projects. Chartered May 25, 1957 by the Pilot Club of Jacksonville, Florida.
Mutual funds can be bought and sold daily. However, unlike equities and other types of securities that trade on the secondary market throughout each trading day, share transactions in a fund are carried out once each day after the close of market at 4 p.m. Eastern Time.
The tax law provides special rules for determining how much gain or loss you have, and in what categories, when you sell mutual fund shares. Money market funds. There's an exception to the general rule. Most money market funds are set up so that you have no gain or loss when you sell shares to make a withdrawal.