Types | Definitions |
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Total Return Index | An index representing the total performance achievable from bonds. It incorporates reinvestment income generated from cash other than capital gains and accrued interest income into all securities included in the bond index |
Gross Price Index | An index related to the dirty price of bonds. It incorporates both capital gains/losses and accrued interest, with interest payments included in the yield |
Clean Price Index | An index related to the clean price of bonds. It excludes accrued interest and demonstrates performance related to capital gains |
Reinvest Call Index | An index that includes reinvestment income earned by reinvesting cash flows at overnight rates, such as interest, in addition to capital gains and accrued interest income from bonds |
Reinvest Zero Index | An index demonstrating the performance obtained by holding bonds without reinvesting cash flows, such as interest, other than capital gains and accrued interest |