Mutual Fund Yield

A fund's yield measures the amount of income a fund provides as a percentage of its net asset value. For example, a fund with a NAV of $12 that pays a 60-cent income distribution per share provides a 5% yield. Comparing the yield on a mutual fund with the current yield on comparable investments can show which investment is providing greater income.

Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. A prospectus contains this and other information. A mutual fund prospectus is available through or through a Scottrade branch office. The prospectus should be read carefully before investing.