The Summary Calculations section analyzes totals and averages of the actual and hypothetical bond and brokered CD positions in your portfolio. The results can be displayed at the portfolio, account or list level, and calculations use the most recent price and value. Summary Calculation averages are market value weighted. The Average Estimated Yield is a yield-to-worst calculation based on the most recent price, not the original purchase price. The tool uses a combination of pre-tax and post-tax yields for taxable and tax-exempt bonds and does not take into account your personal tax rate. The annual interest calculation does not account for projected maturities or early redemptions, which may increase or decrease your actual interest distributions in a given year. For TIPS, the Total Market Value, Annual Interest and Average Price are adjusted using the prior day's inflation factor.
In some instances, positions will not have a third-party price. When this occurs, calculations on those positions will not be performed. You should not rely on these calculations as the primary basis for your investment, financial, or tax planning decisions.