Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

30-day yield

30-day yield Definition

Bond mutual funds state their yield calculated by an SEC specified formula. This formula translates the fund's current portfolio income into the standardized 30-day yield for reporting and comparison purposes. The formula usually appears the the fund's Statement of Additional Information (SIA) a treasury of arcana too dense to be included in the fund's prospectus.





Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z