Total return is the dividend plus any capital gains or losses achieved by investing in a stock, expressed in annualized terms as a percentage of the amount invested.

• 就证券投资而言，总回报是指股息或利息收入，再计入证券价格的涨跌幅度(即资本利得或亏损)，通常会除以期初价值(或初始投资额)以计算出一个年回报率。