explain the difference between sec yield and annual returns
SEC Yield. What is the 'SEC Yield'. The SEC yield is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC.
Yield usually refers to annualized number where as return refers to any period of investment, may be one year or two years. Return can also be said to be the overall change in value with the assumption that the fundâs dividends and capital gains are reinvested.