ZAG has an Average Duration of 7.36 years with
an effective yield to maturity of 2.59 %.
«ZAG is similar to both VBG and VBU in terms of duration but has a modestly lower
effective yield to maturity than VBU.
He found VBG has an average Duration of 7.8 years, with
an effective yield to maturity of 0.96 % while VBU has an Average Duration of 6.1 years with
an effective yield to maturity of 2.94 %.
Not exact matches
MINT has even shorter
effective duration, of 0.38, an equally attractive
yield of 1.42 % and a
yield -
to -
maturity nearing 2 %.
Its long
effective duration, weighted average
maturity and
yield -
to -
maturity match those of our benchmark
to perfection.
Ultimately, and assuming you won't be cashing out early, what matters is the
yield to maturity / surrender, or the annual
effective return you're earning over the full locked - in period.
The
effective spread
to maturity of a floating - rate security after discounting the
yield value of a price other than par over the life of the security.