Business and Personal Finance Dictionary
# 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
- SEC YIELD
A measure of return for investments in mutual bond funds. The SEC yield is calculated by dividing the net investment income per share for the 30 days ended on the date of the calculation by the net asset value per share on that date. The SEC has required fund managers to report uniform, annualized 30-day yields since 1988.Back