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| {{Unreferenced|date=December 2009}}
| | Hi! <br>My name is Kim and I'm a 26 years old boy from Sao Paulo.<br><br>Feel free to visit my web-site [http://www.Acra.com.tw/frejoths/userinfo.php?uid=363672 Fifa coin Generator] |
| In the [[United States]], '''30-day yield''' is a standardized [[yield (finance)|yield]] calculation for [[bond fund]]s. The formula for calculating 30-day yield is specified by the [[U.S. Securities and Exchange Commission]] (SEC). The formula translates the bond fund's current [[Portfolio (finance)|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 (finance)|prospectus]].
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| Because the 30-day yield is a standardized mandatory calculation for all United States bond funds, it serves as a common ground comparison of yield performance. Its weakness lies in the fact that funds tend to [[trade]] actively and do not hold bonds until maturity. In addition, funds do not mature. For this reason, analysts{{who|date=October 2012}} often consider a [[distribution yield]] to be a better measure of a fund's income-generating potential.{{Citation needed|date=October 2012}}
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| United States [[money market]] funds report a [[7 Day SEC Yield]]. The rate expresses how much the fund would yield if it paid income at the same level as it did in the prior 7 days for a whole year. It is calculated by taking the sum of the income paid out over the period divided by 7, and multiplying that quantity by 36500 (365 days x 100).
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| ==Bond fund yield calculation==
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| The SEC yield calculation for a bond fund is essentially a [[yield to maturity]] for the bond portfolio. Because bond funds trade actively and prices fluctuate, the rate may not be a good indicator of future results. However, because the calculation is standardized, it provides a good comparison measure for funds.
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| The formula for SEC 30-day yield is <math>\mathrm{Yield} = 2 \left[ \left(\frac{a-b}{cd}+1\right)^6-1\right].</math>
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| Where:
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| *a = [[dividends]] and [[interest]] collected during the past 30 days
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| *b = accrued expenses of the past 30 days
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| *c = average daily number of outstanding [[shares]] that were entitled to distributions
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| *d = the maximum [[public offering]] price per share on the last day of the period
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| {{DEFAULTSORT:30-Day Yield}}
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| [[Category:Fixed income analysis]]
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Hi!
My name is Kim and I'm a 26 years old boy from Sao Paulo.
Feel free to visit my web-site Fifa coin Generator