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.
Money Market Fund Dividend Accrual Policy. 1  The funds accrue dividends daily. 2  Dividends are paid out on the last business day of the month. 3  Reinvested dividends begin accruing on the first business day of the month.  For same-day transactions, dividends accrue on the date of the purchase and do not accrue on the date of redemption.