Funds & ETFs

ETF pages may show trailing distributions, SEC yield, portfolio yield, and total return together. This collection explains which question each measure answers and why the amount paid out cannot be evaluated without the value that remains invested. The central article works through hypothetical cash-flow examples and the difference between NAV and an actual market execution.

Read the issuer’s metric definitions and the fund’s strategy together. A standardized income calculation is useful, but it does not remove differences in duration, credit quality, equity exposure, or distribution sources. The linked income checklist helps organize those details without ranking funds by payout alone.