BNY Mellon Municipalome,'s yield on cost for the quarter that ended in Sep. 2023 was 1.43.
The historical rank and industry rank for BNY Mellon Municipalome,'s 5-Year Yield-on-Cost % or its related term are showing as below:
DMF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.43 Med: 2.81 Max: 4.11
Current: 1.43
During the past 13 years, BNY Mellon Municipalome,'s highest Yield on Cost was 4.11. The lowest was 1.43. And the median was 2.81.
DMF's 5-Year Yield-on-Cost % is ranked worse than 90.38% of 1216
companies
in the Asset Management industry
Industry Median: 6.05
vs DMF: 1.43
Competitive Comparison
For the Asset Management subindustry, BNY Mellon Municipalome,'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.
BNY Mellon Municipalome, 5-Year Yield-on-Cost % Distribution
For the Asset Management industry and Financial Services sector, BNY Mellon Municipalome,'s 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where BNY Mellon Municipalome,'s 5-Year Yield-on-Cost % falls into.
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 BNY Mellon Municipalome, is calculated as
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.
BNY Mellon Municipalome, 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of BNY Mellon Municipalome,'s 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
BNY Mellon Municipalome, (BNY Mellon Municipalome,) Business Description
BNY Mellon Municipal Income, Inc. is a non-diversified closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The fund invests in municipal obligations that are rated investment grade and have maturities of less than one year. The company targets to invest in the sector such as education, pre-refunded muni, utility, transportation, healthcare, special tax, state/territory general obligations, industry revenue, and pollution control.
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