{"id":30201,"date":"2023-12-07T09:03:03","date_gmt":"2023-12-07T09:03:03","guid":{"rendered":"https:\/\/masterskills.org\/blog\/khai-niem-tren-menh-gia-above-par-trong-chung-khoan-la-gi-dac-diem.html"},"modified":"2023-12-23T06:12:18","modified_gmt":"2023-12-22T23:12:18","slug":"khai-niem-tren-menh-gia-above-par-trong-chung-khoan-la-gi-dac-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/khai-niem-tren-menh-gia-above-par-trong-chung-khoan-la-gi-dac-diem.html","title":{"rendered":"Kh\u00e1i ni\u1ec7m Tr\u00ean m\u1ec7nh gi\u00e1 (Above Par) trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<figure class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div><figcaption class=\"PhotoCMS_Caption\">\n<p data-placeholder=\"[Nh\u1eadp ch\u00fa th\u00edch \u1ea3nh]\">(\u1ea2nh minh h\u1ecda: Catana Capital)<\/p>\n<\/figcaption><\/figure>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Tr\u00ean m\u1ec7nh gi\u00e1\u00a0<\/font><\/h2>\n<p><b>Kh\u00e1i ni\u1ec7m<\/b><\/p>\n<p><b>Tr\u00ean m\u1ec7nh gi\u00e1<\/b> trong ti\u1ebfng Anh l\u00e0 <b>Above Par.<\/b><\/p>\n<p><b>Tr\u00ean m\u1ec7nh gi\u00e1 <\/b>l\u00e0 thu\u1eadt ng\u1eef trong ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 m\u00f4 t\u1ea3 gi\u00e1 c\u1ee7a tr\u00e1i phi\u1ebfu \u0111ang giao d\u1ecbch cao h\u01a1n m\u1ec7nh gi\u00e1 c\u1ee7a n\u00f3.<\/p>\n<p>M\u1ed9t tr\u00e1i phi\u1ebfu th\u01b0\u1eddng giao d\u1ecbch \u1edf m\u1ee9c tr\u00ean m\u1ec7nh gi\u00e1 khi ph\u00e2n ph\u1ed1i thu nh\u1eadp c\u1ee7a n\u00f3 cao h\u01a1n so v\u1edbi c\u00e1c tr\u00e1i phi\u1ebfu kh\u00e1c hi\u1ec7n c\u00f3 tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h3><b><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">T\u1ea1i sao tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c giao d\u1ecbch Tr\u00ean m\u1ec7nh gi\u00e1?<\/font><\/b><\/h3>\n<p>Tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c giao d\u1ecbch <b>tr\u00ean m\u1ec7nh gi\u00e1 <\/b>b\u1edfi v\u00ec c\u00f3 m\u1ed9t m\u1ed1i quan h\u1ec7 ngh\u1ecbch \u0111\u1ea3o gi\u1eefa l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 gi\u00e1 c\u1ea3.<\/p>\n<p>Khi l\u1ee3i t\u1ee9c gi\u1ea3m do l\u00e3i su\u1ea5t trong n\u1ec1n kinh t\u00ea gi\u1ea3m, gi\u00e1 tr\u00e1i phi\u1ebfu t\u0103ng. Ng\u01b0\u1ee3c l\u1ea1i, khi l\u00e3i su\u1ea5t t\u0103ng, gi\u00e1 tr\u00e1i phi\u1ebfu s\u1ebd gi\u1ea3m.<\/p>\n<p>L\u00ed do c\u01a1 b\u1ea3n cho m\u1ed1i quan h\u1ec7 ngh\u1ecbch \u0111\u1ea3o n\u00e0y l\u00e0 l\u1ee3i t\u1ee9c hi\u1ec7n t\u1ea1i c\u1ee7a tr\u00e1i phi\u1ebfu ph\u1ea3i ph\u00f9 h\u1ee3p v\u1edbi l\u1ee3i t\u1ee9c c\u1ee7a tr\u00e1i phi\u1ebfu m\u1edbi \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u1edbi l\u00e3i su\u1ea5t hi\u1ec7n h\u00e0nh cao h\u01a1n ho\u1eb7c th\u1ea5p h\u01a1n.<\/p>\n<p>Gi\u1ea3 s\u1eed m\u1ed9t tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh v\u1edbi m\u1ec7nh gi\u00e1 1.000 USD mang\u00a0l\u00e3i su\u1ea5t coupon\u00a0l\u00e0 5%. S\u00e1u th\u00e1ng sau, do n\u1ec1n kinh t\u1ebf suy tho\u00e1i, l\u00e3i su\u1ea5t th\u1ea5p h\u01a1n. Tr\u00e1i phi\u1ebfu s\u1ebd giao d\u1ecbch tr\u00ean m\u1ec7nh gi\u00e1 v\u00ec m\u1ed1i quan h\u1ec7 ngh\u1ecbch \u0111\u1ea3o gi\u1eefa l\u1ee3i t\u1ee9c v\u00e0 gi\u00e1 c\u1ea3.<\/p>\n<p>M\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 mua m\u1ed9t giao d\u1ecbch tr\u00e1i phi\u1ebfu tr\u00ean m\u1ec7nh gi\u00e1 s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c kho\u1ea3n thanh to\u00e1n l\u00e3i cao h\u01a1n v\u00ec l\u00e3i su\u1ea5t coupon \u0111ang trong th\u1ecb tr\u01b0\u1eddng c\u00f3 l\u00e3i su\u1ea5t cao h\u01a1n. N\u1ebfu tr\u00e1i phi\u1ebfu ch\u1ecbu thu\u1ebf, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 ch\u1ecdn kh\u1ea5u hao ph\u00ed b\u1ea3o hi\u1ec3m tr\u00e1i phi\u1ebfu \u0111\u1ec3 b\u00f9 \u0111\u1eafp ph\u1ea7n thu nh\u1eadp l\u00e3i ch\u1ecbu thu\u1ebf; n\u1ebfu tr\u00e1i phi\u1ebfu t\u1ea1o ra l\u00e3i su\u1ea5t \u0111\u01b0\u1ee3c mi\u1ec5n thu\u1ebf, nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i kh\u1ea5u hao ph\u00ed b\u1ea3o hi\u1ec3m theo quy \u0111\u1ecbnh c\u1ee7a S\u1edf Thu\u1ebf v\u1ee5 M\u1ef9 IRS.<\/p>\n<h3><b><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a tr\u00e1i phi\u1ebfu Tr\u00ean m\u1ec7nh gi\u00e1<\/font><\/b><\/h3>\n<p>S\u1ef1 thay \u0111\u1ed5i <b>tr\u00ean m\u1ec7nh gi\u00e1<\/b> c\u1ee7a tr\u00e1i phi\u1ebfu kh\u00f4ng th\u1ec3 mua b\u00e1n, ph\u1ee5 thu\u1ed9c v\u00e0o th\u1eddi gian c\u1ee7a tr\u00e1i phi\u1ebfu. Th\u1eddi h\u1ea1n c\u00e0ng l\u1edbn, \u0111\u1ed9 nh\u1ea1y c\u1ea3m v\u1edbi nh\u1eefng thay \u0111\u1ed5i c\u1ee7a l\u00e3i su\u1ea5t c\u00e0ng l\u1edbn.<\/p>\n<p>V\u00ed d\u1ee5, m\u1ed9t tr\u00e1i phi\u1ebfu c\u00f3 th\u1eddi h\u1ea1n 8 n\u0103m s\u1ebd t\u0103ng gi\u00e1 kho\u1ea3ng 8% n\u1ebfu l\u1ee3i su\u1ea5t gi\u1ea3m 1%.<\/p>\n<p>Tuy nhi\u00ean, \u0111\u1ed1i v\u1edbi m\u1ed9t tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 mua b\u00e1n, s\u1ef1 gia t\u0103ng gi\u00e1 tr\u00ean m\u1ec7nh gi\u00e1 b\u1ecb h\u1ea1n ch\u1ebf v\u00ec tr\u00e1i phi\u1ebfu r\u1ea5t c\u00f3 th\u1ec3 s\u1ebd \u0111\u01b0\u1ee3c nh\u00e0 ph\u00e1t h\u00e0nh mua l\u1ea1i khi l\u00e3i su\u1ea5t gi\u1ea3m. L\u00fac n\u00e0y, nh\u00e0 ph\u00e1t h\u00e0nh s\u1ebd lo\u1ea1i b\u1ecf nh\u1eefng tr\u00e1i phi\u1ebfu c\u0169 \u0111\u00f3 v\u00e0 ph\u00e1t h\u00e0nh l\u1ea1i tr\u00e1i phi\u1ebfu m\u1edbi v\u1edbi l\u00e3i su\u1ea5t coupon th\u1ea5p h\u01a1n.<\/p>\n<p><i>(Theo Investopedia)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            Kh\u00e1i ni\u1ec7m Tr\u00ean m\u1ec7nh gi\u00e1 (ti\u1ebfng Anh: Above Par) l\u00e0 thu\u1eadt ng\u1eef trong ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 m\u00f4 t\u1ea3 gi\u00e1 c\u1ee7a tr\u00e1i phi\u1ebfu \u0111ang giao d\u1ecbch cao h\u01a1n m\u1ec7nh gi\u00e1 c\u1ee7a n\u00f3.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30201"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=30201"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30201\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}