IN PLAIN ENGLISH
What a fund actually paid over the last twelve months, as a percentage of today's price — its version of trailing yield.
WHERE YOU MEET IT
A fund's Yield column in your holdings (marked TTM) and Div Yield (TTM) in its detail. The distributions booked to your holding give you your own version of it.
WATCH OUT FOR
It looks back, so it won't show a cut until the payments fall.
FULL DEFINITION
Trailing distribution yield: what a fund actually paid out over the last twelve months, divided by its current price.
EXAMPLE
An ETF priced at £69.34 made four distributions over the last year, of 34p, 32p, 70p and 39p: £1.75 in all. Its trailing yield is £1.75 ÷ £69.34 = 2.53%.
HOW IT'S CALCULATED
Div Yield (TTM) = distributions over the last twelve months ÷ current price × 100, rounded to 2 decimal places. Used for funds and ETFs, for which the market data provider has no forward dividend rate. Where the provider publishes its own trailing twelve-month yield for the fund, that figure is used. Otherwise the app adds up the fund's distributions with an ex-dividend date in about the last year, counting no more than a year's worth at the fund's usual payment frequency so a date that drifts by a few days is not counted twice, and divides by the latest price. An accumulating fund, which reinvests its income instead of paying it out, shows 0. It shows N/A when the provider has no price or payment history for the fund. It looks back, so a cut or a raise only shows once the payments change, and it is based on market price, not your purchase price.
EXPLAINED IN
Educational content only. It is not personal financial advice.