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Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) 5-Year Yield-on-Cost % : 6.93 (As of May. 24, 2024)


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What is Nuveen Dynamic Municipal Opportunities 5-Year Yield-on-Cost %?

Nuveen Dynamic Municipal Opportunities's yield on cost for the quarter that ended in Oct. 2023 was 6.93.


The historical rank and industry rank for Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost % or its related term are showing as below:

NDMO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.14   Med: 7.41   Max: 10.05
Current: 6.93


During the past 4 years, Nuveen Dynamic Municipal Opportunities's highest Yield on Cost was 10.05. The lowest was 4.14. And the median was 7.41.


NDMO's 5-Year Yield-on-Cost % is ranked better than
57.85% of 1217 companies
in the Asset Management industry
Industry Median: 5.89 vs NDMO: 6.93

Competitive Comparison of Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities'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.


Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost % falls into.



Nuveen Dynamic Municipal Opportunities 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 Nuveen Dynamic Municipal Opportunities is calculated as

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

Nuveen Dynamic Municipal Opportunities  (NYSE:NDMO) 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.


Nuveen Dynamic Municipal Opportunities 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Nuveen Dynamic Municipal Opportunities's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Vice President & Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

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