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Eaton Vance Seniorome Trust (Eaton Vance Seniorome Trust) 5-Year Yield-on-Cost % : 14.82 (As of Apr. 25, 2024)


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What is Eaton Vance Seniorome Trust 5-Year Yield-on-Cost %?

Eaton Vance Seniorome Trust's yield on cost for the quarter that ended in Dec. 2023 was 14.82.


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

EVF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.43   Med: 9.11   Max: 14.88
Current: 14.82


During the past 6 years, Eaton Vance Seniorome Trust's highest Yield on Cost was 14.88. The lowest was 7.43. And the median was 9.11.


EVF's 5-Year Yield-on-Cost % is ranked better than
91.68% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs EVF: 14.82

Competitive Comparison of Eaton Vance Seniorome Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Eaton Vance Seniorome 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.


Eaton Vance Seniorome Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance Seniorome Trust's 5-Year Yield-on-Cost % falls into.



Eaton Vance Seniorome 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 Eaton Vance Seniorome Trust is calculated as

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

Eaton Vance Seniorome Trust  (NYSE:EVF) 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.


Eaton Vance Seniorome Trust 5-Year Yield-on-Cost % Related Terms

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Eaton Vance Seniorome Trust (Eaton Vance Seniorome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Senior Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to provide a high level of current income consistent with the preservation of capital, by investing in senior, secured floating-rate loans. The trust invests in below-investment-grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Its portfolio of investment consists of aerospace and defense, automotive, beverage, building and development, business equipment and services, cable and satellite television and other areas.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
William E Holt other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Daniel Mcelaney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110