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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) 5-Year Yield-on-Cost % : 7.65 (As of Jun. 07, 2024)


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What is Thornburgome Builder Opportunities Trust 5-Year Yield-on-Cost %?

Thornburgome Builder Opportunities Trust's yield on cost for the quarter that ended in Mar. 2024 was 7.65.


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

TBLD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.07   Med: 8.08   Max: 9.81
Current: 7.65


During the past 3 years, Thornburgome Builder Opportunities Trust's highest Yield on Cost was 9.81. The lowest was 1.07. And the median was 8.08.


TBLD's 5-Year Yield-on-Cost % is ranked better than
64.44% of 1212 companies
in the Asset Management industry
Industry Median: 5.875 vs TBLD: 7.65

Competitive Comparison of Thornburgome Builder Opportunities Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Thornburgome Builder Opportunities Trust'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.


Thornburgome Builder Opportunities Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Thornburgome Builder Opportunities Trust's 5-Year Yield-on-Cost % falls into.



Thornburgome Builder Opportunities Trust 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 Thornburgome Builder Opportunities Trust is calculated as

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

Thornburgome Builder Opportunities Trust  (NAS:TBLD) 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.


Thornburgome Builder Opportunities Trust 5-Year Yield-on-Cost % Related Terms

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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
2300 North Ridgetop Road, Santa Fe, NM, USA, 87506
Thornburg Income Builder Opportunities Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income. The Trust will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets.
Executives
Anne W. Kritzmire other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jason H. Brady officer: President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Benjamin D. Kirby other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Natasha Rippel officer: Secretary 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jeff Klingelhofer officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Randy Dry officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
John V. Hackett officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Nimish S Bhatt other: Trustee and Chair of the Board 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Velie officer: Chief Compliance Officer C/O LEV & BERLIN PC, 535 CONNECTICUT AVENUE, NORWALK CT 06854
Brian W. Wixted other: Trustee 6803 SOUTH TUCSON WAY, CENTENNIAL CO 80112
Dina A. Tantra other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Curtis Holloway officer: Treasurer and CFO 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Vilayphone Lithiluxa officer: Assistant Treasurer 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506

Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Headlines