The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 25, 2017
Filed:
Sep. 19, 2013
The Vanguard Group, Inc., Valley Forge, PA (US);
John Ameriks, Malvern, PA (US);
John Buhl, Wayne, PA (US);
Edward Delk, New York, NY (US);
Kathryn Hyatt, Wayne, PA (US);
Ranga Narayanan, Exton, PA (US);
Shawn Travis, Wayne, PA (US);
Daniel Wallick, Haverford, PA (US);
THE VANGUARD GROUP, INC., Valley Forge, PA (US);
Abstract
A method of administering an investment fund using a computer. The method includes the steps of creating shares for sale, providing a managed distribution schedule identifying a number of payments to be provided during each of consecutive periods, providing an investment strategy for investing in assets to provide funds sufficient to meet the managed distribution schedule, issuing a share to an investor in exchange for funds received from the investor, investing the received funds according to the investment strategy, calculating the value of each of the payments to be provided according to the managed distribution schedule in a period to the investor, and providing each of the payments to the investor during the period. Multiple embodiments relate to methods for calculation and sourcing of each payment.