Fixed Income
This tax term applies when a bond is issued at a deep discount to par.
What is original issue discount or OID?
Unlike options, these securities are typically issued directly by the company and can create dilution when exercised.
What are Warrants
A shareholder must elect whether to participate in a tender offer, making it this type of corporate action.
What is a voluntary corporate action?
This tye of yield assumes a callable bond is redeemed on its call date.
Yield to Call
This is the amount an option is in-the-money.
What is intrinsic value
This occurs when existing shareholders own a smaller percentage of a company after new shares are issued through a rights offering or warrant exercise.
What is dilution?
This payment may be issued instead of fractional shares following a merger or stock split.
What is cash in lieu?
As of 07/13/2026 This Vg fixed income ETF's 30 day yield is 7.01%. The highest yielding fixed income ETF at the moment.
What is VCHY US High Yield Corporate Bond Index
This corporate action often requires cost basis to be allocated between two securities.
What is a spin-off