Yield Sustainability
Also written sustainability band, earned in full, partly earned, mostly principal, paid from principal.
What the fund earned against what it paid over 12 months. Earned is distributions plus the change in NAV.
Definition
What a covered-call ETF earned against what it paid over its last 12 monthly or 52 weekly distributions, per $100 of NAV at the start and with every distribution taken in cash. Earned is the distributions plus the change in NAV. A fund is Earned in full when earned covers the payout or NAV slipped by less than 1% a year; Partly earned when it earned half or more; Mostly principal when it earned less than half; and Paid from principal when NAV fell by more than the fund paid out. Prices are adjusted for splits.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.