What is a 'Yield'
The income return on an investment. This refers to the interest or dividends received from a security and is usually expressed annually as a percentage based on the investment's cost, its current market value or its face value.
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BREAKING DOWN 'Yield'
This seemingly simple term, without a qualifier, can be rather confusing to investors.
For example, there are two stock dividend yields. If you buy a stock for $30 (cost basis) and its current price and annual dividend is $33 and $1, respectively, the "cost yield" will be 3.3% ($1/$30) and the "current yield" will be 3% ($1/$33).
Bonds have four yields: coupon (the bond interest rate fixed at issuance), current (the bond interest rate as a percentage of the current price of the bond), and yield to maturity (an estimate of what an investor will receive if the bond is held to its maturity date). Nontaxable municipal bonds will have a taxequivalent (TE) yield determined by the investor's tax bracket.
Mutual fund yields are an annual percentage measure of income (dividends and interest) earned by the fund's portfolio, net of the fund's expenses. In addition, the "SEC yield" is an indicator of the percentage yield on a fund based on a 30day period.

Running Yield
The annual income on an investment divided by its current market ... 
Current Yield
Annual income (interest or dividends) divided by the current ... 
Bond Yield
The amount of return an investor will realize on a bond. Several ... 
Yield On Cost  YOC
The annual dividend rate of a security divided by the average ... 
Gross Yield
The yield on an investment before the deduction of taxes and ... 
Indicated Yield
The dividend yield that a share of stock would return based on ...

Professionals
Bond Yields
A bond’s yield is the investor’s return for holding the bond. Many factors affect the yield that an investor will receive from a bond such as: Current interest rates Term of the bond ... 
Investing
Understanding the Different Types of Bond Yields
Any investor, private or institutional, should be aware of the diverse types and calculations of bond yields before an actual investment. 
Bonds & Fixed Income
Advanced Bond Concepts: Yield and Bond Price
In the last section of this tutorial, we touched on the concept of required yield. In this section we'll explain what this means and take a closer look into how various yields are calculated. ... 
Bonds & Fixed Income
Simple Math for FixedCoupon Corporate Bonds
A guide to help to understand the simple math behind fixedcoupon corporate bonds. 
Bonds & Fixed Income
Bond Yields: Current Yield And YTM
A bond's current yield, also called "bond yield," is the interest it pays annually divided by the bond's price. A stock's current yield, also called "dividend yield," is the sum of its annual ... 
Active Trading
Finding The Best Yields
Using yields to supplement earnings can mean big bucks, with the right strategy. 
Retirement
Bond Basics: Yield, Price And Other Confusion
Investopedia Explains: Bond yield, Bond price, yield to maturity, the link between price and yield and bond price in the market. 
Professionals
Typical Yield Measures
CFA Level 1  Typical Yield Measures. Learn the various measures of yield on a bond. Includes yield to first call, first par call, put, refunding and yield to maturity. 
Professionals
Individual bonds
Individual bonds 
Professionals
Yield Terms
FINRA Series 6 Exam Study Guide  Yield Terms. This section distinguishes three types of yield calculations for bonds.

What is the difference between the yield of stock and the yield of a bond?
Explore and understand the various meanings of the investment term "yield" as it is applied to equity investments and bond ... Read Answer >> 
Can I use the current yield to compare a bond to an equity investment?
Learn about the different types of yield measurements for stocks and bonds, and find out how to make careful comparisons ... Read Answer >> 
What is the difference between yield and rate of return?
Read about the differences between yield and rate of return. See why many novice investors often struggle more with the concept ... Read Answer >> 
Should investors focus more on the current yield or face value of a bond?
Find out when investors should focus on a bond's current yield versus its face value, including an example of how current ... Read Answer >> 
What is the difference between yield to maturity and the yield to call?
Determining various the various yields that callable bonds can provide investors is an important factor in the bond purchasing ... Read Answer >> 
What is the difference between yields and interest rates?
The main difference between yields and interest rates is that each term refers to different financial instruments. Yield ... Read Answer >>