SEC Yield



A standard yield calculation developed by the Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC. The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund's expenses. This is also referred to as the "standardized yield."


The SEC yield is a good yield to use when you compare bond funds because it captures the effective rate of interest that an investor can receive in the future.

  1. Bond

    A debt investment in which an investor loans money to an entity ...
  2. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  3. Yield

    The income return on an investment. This refers to the interest ...
  4. Effective Annual Interest Rate

    Effective Annual Interest Rate is an investment's annual rate ...
  5. Bond Fund

    A fund invested primarily in bonds and other debt instruments. ...
  6. Stripped Yield

    A measure of the non-collateralized, independent return of a ...
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