YIELD

YIELD

How to Use the Power BI DAX function YIELD

Understanding the YIELD Function

The YIELD function in DAX calculates the yield of a financial instrument such as a bond. It is used to calculate the annual percentage rate of return on an investment. It takes four arguments: settlement, maturity, rate, and price. Settlement is the date on which the investment is made, maturity is the date on which the investment will mature, rate is the interest rate, and price is the price of the investment.

The formula for the YIELD function is:


YIELD(settlement, maturity, rate, price)


The result of the YIELD function is a decimal number, which represents the annual percentage rate of return on the investment.

Using the YIELD Function in Power BI

To use the YIELD function in Power BI, follow these steps:

1. Open Power BI Desktop and create a new report.

2. Open the formula bar by clicking on the fx button.

3. Type the YIELD formula in the formula bar, along with the required arguments.

4. Press Enter to calculate the yield.

For example, if you want to calculate the yield on an investment that settles on 1/1/2021, matures on 1/1/2026, has an interest rate of 5%, and a price of $1000, you would use the following formula:


YIELD(“1/1/2021”, “1/1/2026”, 0.05, 1000)


After pressing Enter, the result will be displayed in the formula bar.

The YIELD function in DAX is a powerful tool for calculating the yield of financial instruments in Power BI. It is easy to use and can provide valuable insights into investment returns. By following the steps outlined in this article, you can use the YIELD function to calculate the yield on your investments in Power BI.

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