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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) 5-Year Yield-on-Cost %

: 7.29 (As of Today)
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Mfs Intermediate Highome Fund's yield on cost for the quarter that ended in Nov. 2023 was 7.29.


The historical rank and industry rank for Mfs Intermediate Highome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

CIF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.72   Med: 7   Max: 9.61
Current: 7.29


During the past 7 years, Mfs Intermediate Highome Fund's highest Yield on Cost was 9.61. The lowest was 4.72. And the median was 7.00.


CIF's 5-Year Yield-on-Cost % is ranked better than
58.63% of 1216 companies
in the Asset Management industry
Industry Median: 6.05 vs CIF: 7.29

Competitive Comparison

For the Asset Management subindustry, Mfs Intermediate Highome 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.


Mfs Intermediate Highome Fund 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Mfs Intermediate Highome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mfs Intermediate Highome Fund's 5-Year Yield-on-Cost % falls into.



Mfs Intermediate Highome 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 Mfs Intermediate Highome Fund is calculated as

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

Mfs Intermediate Highome Fund  (NYSE:CIF) 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.


Mfs Intermediate Highome Fund 5-Year Yield-on-Cost % Related Terms

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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment in different sectors such as aerospace, automotive, broadcasting, building, business services, cable TV, chemicals, construction, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin officer: Secretary MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane officer: Assistant Secretary 111 HUNTINGTON AVENUE, BOSTON MA 02199

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Headlines