Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

How to calculate a mutual fund's yield
If the expense ratio of the fund is 0.00% then yes.  However, if the fund has expenses of 1% then if the NAV of the fund is $10/share the expenses would cause you to see only $.002 a share and thus you'd have $.10 in total as the expenses first cut down the yield.