GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) » Definitions » 5-Year Yield-on-Cost %

ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) 5-Year Yield-on-Cost % : 1.96 (As of Apr. 30, 2024)


View and export this data going back to 2011. Start your Free Trial

What is ClearBridge Energy Midstream Opportunity Fund 5-Year Yield-on-Cost %?

ClearBridge Energy Midstream Opportunity Fund's yield on cost for the quarter that ended in Nov. 2023 was 1.96.


The historical rank and industry rank for ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

EMO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.52   Med: 3.44   Max: 27.14
Current: 1.96


During the past 7 years, ClearBridge Energy Midstream Opportunity Fund's highest Yield on Cost was 27.14. The lowest was 1.52. And the median was 3.44.


EMO's 5-Year Yield-on-Cost % is ranked worse than
87.29% of 1212 companies
in the Asset Management industry
Industry Median: 6 vs EMO: 1.96

Competitive Comparison of ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, ClearBridge Energy Midstream Opportunity 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.


ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost % falls into.



ClearBridge Energy Midstream Opportunity 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 ClearBridge Energy Midstream Opportunity Fund is calculated as

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

ClearBridge Energy Midstream Opportunity Fund  (NYSE:EMO) 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.


ClearBridge Energy Midstream Opportunity Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of ClearBridge Energy Midstream Opportunity Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Variable Annuity Life Insurance Co /tx/ other: See Remarks 2929 ALLEN PARKWAY A28-40, HOUSTON TX 77019-2155
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Terrence Murphy other: CEO of Subadviser CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906