GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust/aberdeen Global Oppo Income (NYSE:FAM) » Definitions » 5-Year Yield-on-Cost %

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) 5-Year Yield-on-Cost % : 8.30 (As of May. 04, 2024)


View and export this data going back to . Start your Free Trial

What is First Trust/aberdeen Global Oppoome 5-Year Yield-on-Cost %?

First Trust/aberdeen Global Oppoome's yield on cost for the quarter that ended in Dec. 2023 was 8.30.


The historical rank and industry rank for First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost % or its related term are showing as below:

FAM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.56   Med: 6.94   Max: 12.97
Current: 8.3


During the past 7 years, First Trust/aberdeen Global Oppoome's highest Yield on Cost was 12.97. The lowest was 5.56. And the median was 6.94.


FAM's 5-Year Yield-on-Cost % is ranked better than
67.08% of 1212 companies
in the Asset Management industry
Industry Median: 5.99 vs FAM: 8.30

Competitive Comparison of First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost %

For the Asset Management subindustry, First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost % falls into.



First Trust/aberdeen Global Oppoome 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Trust/aberdeen Global Oppoome is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Trust/aberdeen Global Oppoome  (NYSE:FAM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Trust/aberdeen Global Oppoome 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of First Trust/aberdeen Global Oppoome's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust/aberdeen Global Oppo Income is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income while its secondary objective is to seek capital appreciation. The fund seeks to achieve these objectives by investing its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jaclyn Marie Matsick other: Director-Investment Advisor C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
George W Karpus other: See Explanation of Responses
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Chris Demetriou other: Officer-Invest. Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Ralph Bassett other: Officer-Investment Sub-Advisor 1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Headlines

From GuruFocus