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Western Asset Managed Municipals Fd's yield on cost for the quarter that ended in May. 2024 was 4.21.
The historical rank and industry rank for Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % or its related term are showing as below:
During the past 7 years, Western Asset Managed Municipals Fd's highest Yield on Cost was 4.69. The lowest was 2.77. And the median was 3.45.
For the Asset Management subindustry, Western Asset Managed Municipals Fd'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.
For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Western Asset Managed Municipals Fd'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 Western Asset Managed Municipals Fd is calculated as
Yield-on-Cost | = | Dividend Yield % | * | (1 | + | Dividend Growth Rate)^5 |
Western Asset Managed Municipals Fd (NYSE:MMU) 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.
Thank you for viewing the detailed overview of Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Oliveira Marc De | officer: Secretary/Chief Legal Officer | C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Hoffmann Courtney A. | other: Secretary/GC Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Andrew J. Bowden | other: COO/Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Brian Eakes | other: Manager/Investment Manager | 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202 |
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 |
Matthew Nicholls | 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 |
Fred Steven Jensen | officer: Chief Compliance Officer | LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018 |
Robert D Agdern | director | C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018 |
Christopher Berarducci | officer: Treas/Principal Finan Officer | LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018 |
Nisha Kumar | director | 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
Jennifer S Berg | officer: Treasurer | 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202 |
William R Hutchinson | director | 535 N MICHIGAN STE 1012, CHICAGO IL 60611 |
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