30-Day Yield Formula:
From: | To: |
The 30-Day Yield is a standardized measure of the dividend income generated by an investment over a 30-day period, expressed as an annualized percentage of the net asset value (NAV). It's commonly used for mutual funds and ETFs to compare dividend-paying investments.
The calculator uses the 30-Day Yield formula:
Where:
Explanation: This calculation standardizes dividend yield measurements across different investments, allowing for fair comparisons regardless of the actual holding period.
Details: The 30-Day Yield provides investors with a consistent metric to evaluate the income-generating potential of dividend-paying investments. It helps in comparing different funds and making informed investment decisions based on income generation.
Tips: Enter the total dividends received over the last 30 days and the current net asset value (NAV) of the investment. Both values must be positive numbers. The result will show the annualized yield percentage.
Q1: Why use 30-day yield instead of simple dividend yield?
A: The 30-day yield standardizes the measurement across different time periods and investment vehicles, making comparisons more meaningful and consistent.
Q2: What is considered a good 30-day yield?
A: This depends on the investment type and market conditions. Generally, higher yields are better for income investors, but very high yields may indicate higher risk.
Q3: How often should I calculate the 30-day yield?
A: For active monitoring, monthly calculation is recommended. Many funds publish this figure regularly for investor reference.
Q4: Does this calculation include all distributions?
A: Yes, the 30-day yield typically includes all ordinary dividends and distributions paid by the investment over the 30-day period.
Q5: Is 30-day yield the same as SEC yield?
A: The SEC yield is a specific type of 30-day yield calculation that follows SEC guidelines for standardization and disclosure requirements.