One of the mysteries of the English language finally explained.
The yield of a stock calculated as a percentage of the redemption price with an adjustment made for any capital gain or loss which that price represents relative to the current price.
- ‘The preference shares had a gross redemption yield of 9 per cent and a life of seven years.’
- ‘The best indicator is the redemption yield that a fund offers.’
- ‘One way you can sidestep this problem is by looking at the redemption yield of a fund, which measures its total return and not just the income element.’
- ‘So, the gross redemption yield for a 30-year gilt is 4.74%.’
- ‘That compares to the redemption yield on a gilt maturing at around the same time of about 5.17%.’
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