GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Credit Allocation Income Trust (NYSE:BTZ) » Definitions » 5-Year Yield-on-Cost %

Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) 5-Year Yield-on-Cost %

: 12.65 (As of Today)
View and export this data going back to 2006. Start your Free Trial

Blackrock Credit Allocationome Trust's yield on cost for the quarter that ended in Dec. 2023 was 12.65.


The historical rank and industry rank for Blackrock Credit Allocationome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

BTZ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.1   Med: 8.61   Max: 13.96
Current: 12.65


During the past 7 years, Blackrock Credit Allocationome Trust's highest Yield on Cost was 13.96. The lowest was 7.10. And the median was 8.61.


BTZ's 5-Year Yield-on-Cost % is ranked better than
87.09% of 1216 companies
in the Asset Management industry
Industry Median: 6.05 vs BTZ: 12.65

Competitive Comparison

For the Asset Management subindustry, Blackrock Credit Allocationome Trust'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.


Blackrock Credit Allocationome Trust 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Blackrock Credit Allocationome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Blackrock Credit Allocationome Trust's 5-Year Yield-on-Cost % falls into.



Blackrock Credit Allocationome Trust 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 Blackrock Credit Allocationome Trust is calculated as

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

Blackrock Credit Allocationome Trust  (NYSE:BTZ) 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.


Blackrock Credit Allocationome Trust 5-Year Yield-on-Cost % Related Terms

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


Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Credit Allocation Income Trust is a diversified, closed-end Trust engaged in providing investment advisory and risk management solutions. Its investment objective of seeking current income, current gains, and capital appreciation. The company invests under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment-grade corporate bonds, high high-yields, bank loans, preferred securities or convertible bonds, or derivatives with economic characteristics similar to these credit-related securities.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Charley Hung other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Stephan Bassas other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jeffrey Cucunato other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Headlines