Investopedia explains 'Seven Day Yield'
For example, let's say one share of the fund was $18 in the beginning of a seven-day period, and $18.05 at the end of that same seven-day period. Fees for that week were 3 cents.
Seven-Day Annualized Yield =((18.05 - 18.00 - 0.03)/18.00) x 365/7 =0.0579 or 5.79%
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