- Seven Day Yield
- Interest earned on a money market mutual fund without the compounding interest. This yield is the dividend and interest earned by the fund, and paid out during the seven-day period, minus any management fees incurred during those seven days. Also referred to as the seven-day annualized return.
For example, let's say one share of the fund was $18 in the beginning of a seven-day period, and $18.05 at the end of that same seven-day period. Fees for that week were 3 cents.
Seven-Day Annualized Yield
=((18.05 - 18.00 - 0.03)/18.00) x 365/7
=0.0579 or 5.79%
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Seventh-day Adventist eschatology — Part of a series on Seventh day Adventism Background … Wikipedia
Six-Day War — Part of the Arab–Israeli conflict … Wikipedia
The Day After — This article is about the 1983 television film. For other uses, see The Day After (disambiguation). The Day After The Day After DVD cover Genre … Wikipedia
Homosexuality and The Church of Jesus Christ of Latter-day Saints — Part of a series on LGBT topics and Christianity Christianity and homosexuality Christianity and transgenderism History of Christianity and homosexuality The Bible and homosexuality Queer theology Blessing of same sex unions Ordination of LGBT… … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… … Universalium
Tafasta meruba lo tafasta — (Aramaic: תפשת מרובה לא תפשת, If you have seized a lot, you have not seized ) is a Talmudic idiom used to express the idea that when there exists the possibility of learning a particular law out from two sources, the law should be learned from… … Wikipedia
calendar — calendrical /keuh len dri keuhl/, calendric, calendarial /kal euhn dair ee euhl/, calendarian, calendaric, adj. /kal euhn deuhr/, n. 1. a table or register with the days of each month and week in a year: He marked the date on his calendar. 2. any … Universalium
Hebrew calendar — The Hebrew calendar (הלוח העברי ha luach ha ivri), or Jewish calendar, is a lunisolar calendar used today predominantly for Jewish religious observances. It determines the dates for Jewish holidays and the appropriate public reading of Torah… … Wikipedia
Fasting — is primarily the act of willingly abstaining from some or all food, drink, or both, for a period of time. An absolute fast is normally defined as abstinence from all food and liquid for a defined period, usually a single day (24 hours), or… … Wikipedia