Report post

What is a 30-day yield in a bond fund?

The formula translates the bond fund's current portfolio income into a standardized yield for reporting and comparison purposes. A bond fund's 30-day yield may appear in the fund's "Statement of Additional Information (SAI)" in its prospectus .

What is a 30-day yield?

The 30-day yield is an SEC-standardized metric that helps bond fund investors compare assets. It's based on the most recent 30 days of income for a particular bond fund. This metric is different from the distribution yield, which is in no way standardized or regulated.

How do you calculate a 30-day yield?

30-day yield = 2 x ( ( ($15,500 - $4,000) / (150,000 x $75) + 1) ^ 6 - 1), or 2 x (0.00615) = 1.23% The SEC yield is the standard yield calculation developed by the Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds.

The World's Leading Crypto Trading Platform

Get my welcome gifts