Use: Type the minimum and/or maximum percentage current yield.
Default: None.
Notes: Use whole numbers or decimal numbers (#.## format). Select the Omit box to not include the criteria entered in the Minimum and /or Maximum fields or leave the fields blank to omit this item from your search.
Description: A measure of an investor's return on a bond calculated by dividing the annual interest on the bond by the market price. It is the actual income rate or the yield to maturity as opposed to the coupon rate (the two would be the same if a bond was purchased at par). For example, a 10% (coupon rate) bond with a face value (par) of $1000 is bought at a market price of $800. The annual income on the bond is $100, but since $800 was paid for the bond, the current yield is $100 divided by $800 or 12 1/2%.