Average Annual Return (AAR)
Average annual return reports the arithmetic average yearly return of an investment or fund over a stated period.
Fund return, yield, and historical performance terms used in fund reporting.
Fund Return and Yield Reporting terms explain how funds calculate value, report performance, quote yields, handle flows, and trade at premiums or discounts to portfolio value.
Use this branch when the key issue is NAV, per-share value, offer price, historical performance, yield reporting, fund flows, or liquidity pressure.
| Term | Use it for |
|---|---|
| Average Annual Return (AAR) | A fund term that narrows the branch to a specific wrapper, exposure, cost, or operating feature. |
| Historical Performance | A fund valuation, performance, yield, flow, or market-price term. |
| Historical Yield | A fund valuation, performance, yield, flow, or market-price term. |
| Performance Fund | A fund valuation, performance, yield, flow, or market-price term. |
Check valuation time, portfolio inputs, stale or illiquid holdings, bid-ask spread, premium or discount, yield formula, distribution policy, flow pressure, and whether performance is before or after fees.
This page is educational and does not recommend a specific fund, security, tax treatment, or account choice.
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Average annual return reports the arithmetic average yearly return of an investment or fund over a stated period.
The track record of a fund or asset over a specified period, often used as a basis for future performance projections.
Historical Yield refers to the yield provided by a mutual fund, typically a money market fund, over a particular period of time, used to assess past performance.
A performance fund is a growth-oriented fund that seeks capital appreciation, often accepting higher volatility to pursue stronger returns.