Glossary Y

A

A

B

B

C

C

D

D

E

E

F

F

G

G

H

H

I

I

J

J

K

K

L

L

M

M

N

N

O

O

P

P

Q

Q

R

R

S

S

T

T

U

U

V

V

W

W

X

X

Y

Y

Z

Z

Section Y

Yearly Total Returns

The sum of a security's return for a 12-month time period corresponding to calendar years.

Yield Curve Sector Analysis

Style of fixed income analysis focusing on the yield spreads between different segments of the bond market in relation to historical norms. The manager makes adjustments in the portfolio to take advantage of the differences, in the belief that the spreads will return to the norm.