Hi All,
Sorry for yet another post, but I was wondering if someone could add to my understanding (below) of the gross and net yield concepts.
Net Yield - Takes into account factors such as capital gains tax being applied to the yield amount being obtained.
Calculated as:
(Dividend / Redemption)*(1-capital gains tax%)
Gross Yield - Does not take into account things such as capital gains tax.
(Dividend / Redemption)