SEC yield
Also written 30-day SEC yield.
Net investment income over the latest 30 days, after expenses, annualized over the share price.
Definition
A standardized yield every fund must report under Securities and Exchange Commission rules: net investment income over the latest 30 days, after expenses, annualized over the share price. Because every fund computes it the same way, it compares preferred ETFs more fairly than their distribution rates do.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.