Personal Investments • Bond Yields

Read the rest of the instructions from the SEC that I just posted on exactly how you compute "a" for debt obligations. Hint, it ain't based on the actual distributions for the past 30 days!

I just did, thanks.

So they determine interest earned over the past 30-day period by each fund holding by calculating YTM based on the prior day's market value of that holding (including actual accrued interest) instead of just using actual accrued interest? Got it.

For that matter, you could just say SEC yield is basically YTM.

So what's the point of publishing a quarterly YTM then? Just as something to benchmark SEC yield against to see how much YTM has changed since X date?

Statistics: Posted by Beensabu — Mon May 13, 2024 4:35 pm — Replies 70 — Views 4344

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