Difference between revisions of "Talk:SEC Yield"

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(reply: issues with needing details)
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--[[User:Grabiner|Grabiner]] 02:52, 4 July 2020 (UTC)
 
--[[User:Grabiner|Grabiner]] 02:52, 4 July 2020 (UTC)
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Here is a cached version of the formula with SEC guidance: [https://webcache.googleusercontent.com/search?q=cache:Ek7ipB0FyiEJ:https://www.sec.gov/Archives/edgar/data/351601/000119312506178640/dex99d314.htm+&cd=18&hl=en&ct=clnk&gl=us&client=firefox-b-1-d Form of Amended and Restated Yield Calculation Services Agreement]--[[User:Blbarnitz|Blbarnitz]] 04:21, 4 July 2020 (UTC)

Revision as of 23:21, 3 July 2020

Bond fund yield calculation

30-day yield, Wikipedia

The formula for SEC 30-day yield is

Where:

  • a = dividends and interest collected during the past 30 days
  • b = accrued expenses of the past 30 days
  • c = average daily number of outstanding shares that were entitled to distributions
  • d = the maximum public offering price per share on the last day of the period

--Blbarnitz 22:40, 3 July 2020 (UTC)

Including the formula in this form might be useful, but it needs clarification. In particular, this formula from Wikipedia does not explain that the income for a bond is based on yield to maturity (or to call); if a bond rises in price, the value of a will be less than the coupon payment. I was hoping to find a more official SEC page giving the full SEC definitions.

--Grabiner 02:52, 4 July 2020 (UTC)

Here is a cached version of the formula with SEC guidance: Form of Amended and Restated Yield Calculation Services Agreement--Blbarnitz 04:21, 4 July 2020 (UTC)