Year Ended MMM YY (Current Fiscal Year)
The year shown in a Company Profile is the next fiscal year to be announced. The fiscal year is the accounting period of the company at which the books are closed and profit or loss is determined.
- $ – the most recent annual earnings per share (EPS) consensus estimate, an average of all the contributing brokers’ annual estimates
- % – the percentage change in the annual estimated earnings per share as compared to the actual figure of the previous year
Year Ended MMM YY (Following Fiscal Year)
The year shown in a Company Profile is the fiscal year to be announced following the current un-reported fiscal year. The fiscal year is the accounting period of the company at which the books are closed and profit or loss is determined.
- $ – the following annual earnings per share (EPS) consensus estimate, an average of all the contributing brokers’ annual estimates
- % – the percentage change in the following year’s annual estimated EPS as compared to the current annual estimated EPS
The highest price at which a security has traded during the current year.
The lowest price at which a security has traded during the current year.
Year To Date Sales
The positions that have closed during the previous calendar year.
The percentage rate of return scheduled to be paid on a security in annual dividends.
Yield stated is the Yield to Worst—the yield to maturity if the worst possible bond repayment takes place, reflecting the lower of the yield to maturity or the yield to call based on the previous evening.
If a bond is quoted to call date, interest rates have declined and the bond’s issuer is likely to call the bond on the next call date if it is favorable to the issuer’s interests. If a bond is called, the bondholder’s interest payments cease and the principal is returned as of call date. If the bondholder seeks to reinvest this principal in a similar bond issue, he will likely have to accept a lower yield (and lower interest payments) consistent with prevailing interest rates. Not all bonds are callable.
Yield Based Upon
This field shows at what point in time the rate of return on your investment was calculated (e.g., at maturity).
A yield curve is the relationship between interest rates and time, determined by plotting the yields of all default-free coupon bonds against their maturities. The yield curve typically slopes upward since longer maturities normally have higher yields, although it can be flat or even inverted.
In the context of the Fixed Income Search Results scatter graph several interpolated yield curves are shown for different fixed income product types and credit qualities. (See Yield Curve: Treasury; Yield Curve: Corp AAA/AA; Yield Curve: Corp A; Yield Curve: BBB; Yield Curve Muni GO).
The yield curves are based on bonds that Fidelity recognizes and are not equal to the entire universe of bonds, is significantly larger than the number of bonds offered by Fidelity on any given day. For municipal bonds the yield curve the curve is the AAA General Obligation yield curve provided by a third party: Municipal Market Advisors or MMA.
An interpolated yield curve is an approximation of the yield curve where the yield and maturity gaps are filled using regression or other mathematical fitting methods. The interpolated yield curve is a smooth curve that allows determining the yield corresponding to a given maturity. We use regression (least-squares estimation) to compute the interpolated yield curves.
The yield curves are presented for informational purposes only. Fidelity cannot be held liable for this information.
Yield Curve: Corporate A
The interpolated yield curve for corporate bonds rated from A+ to A- by S&P, or from A1 to A3 by Moody’s.
Yield Curve: Corporate AAA/AA
The interpolated yield curve for the highest quality U.S. Corporate bonds. In this instance containing bonds, rated from AAA to AA- by S&P, and/or from Aaa to Aa3 by Moody’s.
Yield Curve: Corporate BBB
The interpolated yield curve for corporate bonds rated from BBB+ to BBB- by S&P, or from Baa1 to Baa3 by Moody’s.
Yield Curve: Municipal General Obligation/Muni AAA G.O.
The interpolated yield curve for Municipal AAA-rated General Obligation bonds. The source for this yield curve is Municipal Market Advisors or MMA.
Yield Curve: Treasury
The most well known yield curve is the US Treasury yield curve which is based upon several hundred actively trading US Treasury bonds.
This is a range within which the yield for a new issue, fixed income offering (e.g., bond) is expected to be set. Yield is the annual percentage rate of return on an investment.
For an indication of interest, either the yield range or price range is displayed.
In Bond Ladders, shows the range of yields for all bonds meeting your criteria for the rung that are offered by Fidelity. This is not a benchmark, nor does it represent the universe of securities which would meet the criteria.
Yield to Call
The yield on a bond assuming the bond will be redeemed by the issuer on a specified call date.
If a bond is quoted to call date, interest rates have declined and the bond’s issuer is likely to call the bond on the next call date if it is favorable to the issuer’s interests. If a bond is called, the bond holder’s interest payments cease and the principal is returned as of call date. If the bond holder seeks to reinvest this principal in a similar bond issue, he will likely have to accept a lower yield (and lower interest payments) consistent with prevailing interest rates.
On fixed income (e.g., bond) search results screens, this is the type of yield the yield value shown represents. For example:
- C = Yield to call
- M = Yield to maturity
- P = Yield to Next Par Call
- R = Pre-Refunded (pre-refunded appears for municipal securities only)
- W = Yield to Worst
On Indication of Interest screens, this is the type of yield the yield value shown represents. For example: Market
The percent gain or loss that the portfolio has achieved over the Year To Date (YTD) period. Refer to the “as of” date to determine the exact period.
You Are Out
An order status alert that indicates your attempt to cancel an open order was successful. The order was canceled before any shares were traded.
You Are Stopped
An order status alert that indicates a specialist on the exchange floor guarantees a specific execution price for your order. Your order has been stopped temporarily while the specialist is checking to see if a better price is available. Your order will execute at the originally guaranteed price or better.