The yield to maturity (ytm) is an approximation for the return an investor would get if he kept a bond to maturity and reinvested all income receipts. The ytm of a bond fund is the weighted average ytm of all bonds in that fund.
The yield to maturity (ytm) is an approximation for the return an investor would get if he kept a bond to maturity and reinvested all income receipts. The ytm of a bond fund is the weighted average ytm of all bonds in that fund.
