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Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) 5-Year Yield-on-Cost % : 3.94 (As of May. 04, 2024)


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What is Neuberger Berman CA Muni Fund 5-Year Yield-on-Cost %?

Neuberger Berman CA Muni Fund's yield on cost for the quarter that ended in Apr. 2023 was 3.94.


The historical rank and industry rank for Neuberger Berman CA Muni Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

NBW' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.19   Med: 4.37   Max: 5.32
Current: 3.94


During the past 13 years, Neuberger Berman CA Muni Fund's highest Yield on Cost was 5.32. The lowest was 3.19. And the median was 4.37.


NBW's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.99 vs NBW: 3.94

Competitive Comparison of Neuberger Berman CA Muni Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Neuberger Berman CA Muni Fund'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.


Neuberger Berman CA Muni Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman CA Muni Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Neuberger Berman CA Muni Fund's 5-Year Yield-on-Cost % falls into.



Neuberger Berman CA Muni Fund 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 Neuberger Berman CA Muni Fund is calculated as

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

Neuberger Berman CA Muni Fund  (AMEX:NBW) 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.


Neuberger Berman CA Muni Fund 5-Year Yield-on-Cost % Related Terms

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Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman CA Muni Fund Inc. is a closed-end management investment company that invests in municipal securities. Its objective is to provide common stockholders with a high level of current income exempt from federal income tax.
Executives
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Bradley Tank other: CEO of Affil. of Inv. Mgr. C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180

Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) Headlines

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