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Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) 5-Year Yield-on-Cost % : 3.38 (As of Jul. 20, 2024)


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What is Blackrock Muniyield Pennsylvania Quality Fund 5-Year Yield-on-Cost %?

Blackrock Muniyield Pennsylvania Quality Fund's yield on cost for the quarter that ended in Jan. 2024 was 3.38.


The historical rank and industry rank for Blackrock Muniyield Pennsylvania Quality Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

MPA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.64   Med: 3.56   Max: 4.82
Current: 3.38


During the past 7 years, Blackrock Muniyield Pennsylvania Quality Fund's highest Yield on Cost was 4.82. The lowest was 2.64. And the median was 3.56.


MPA's 5-Year Yield-on-Cost % is ranked worse than
73.04% of 1213 companies
in the Asset Management industry
Industry Median: 5.72 vs MPA: 3.38

Competitive Comparison of Blackrock Muniyield Pennsylvania Quality Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Blackrock Muniyield Pennsylvania Quality 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.


Blackrock Muniyield Pennsylvania Quality Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield Pennsylvania Quality Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield Pennsylvania Quality Fund's 5-Year Yield-on-Cost % falls into.



Blackrock Muniyield Pennsylvania Quality 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 Blackrock Muniyield Pennsylvania Quality Fund is calculated as

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

Blackrock Muniyield Pennsylvania Quality Fund  (NYSE:MPA) 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.


Blackrock Muniyield Pennsylvania Quality Fund 5-Year Yield-on-Cost % Related Terms

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Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield Pennsylvania Quality Fund is a closed-end fund with investment objective is to provide shareholders with current income exempt from U.S. federal and Pennsylvania income taxes.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Securities (usa) Llc 10 percent owner ONE VANDERBILT AVENUE, NEW YORK NY 10017
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124