7-day SEC yield

The 7-day SEC Yield is a measure of performance in the interest rates of money market mutual funds offered by US mutual fund companies. ^[1]

3 relations: Interest rate, Mutual fund, United States dollar.

Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

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Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

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The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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7 Day SEC Yield.

References

[1] https://en.wikipedia.org/wiki/7-day_SEC_yield

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