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DTFTax-Freeome (DTFTax-Freeome) 5-Year Yield-on-Cost % : 2.68 (As of Apr. 24, 2024)


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What is DTFTax-Freeome 5-Year Yield-on-Cost %?

DTFTax-Freeome's yield on cost for the quarter that ended in Oct. 2023 was 2.68.


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

DTF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.1   Med: 2.66   Max: 4.67
Current: 2.68


During the past 7 years, DTFTax-Freeome's highest Yield on Cost was 4.67. The lowest was 2.10. And the median was 2.66.


DTF's 5-Year Yield-on-Cost % is ranked worse than
80.48% of 1214 companies
in the Asset Management industry
Industry Median: 6.01 vs DTF: 2.68

Competitive Comparison of DTFTax-Freeome's 5-Year Yield-on-Cost %

For the Asset Management subindustry, DTFTax-Freeome'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.


DTFTax-Freeome's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where DTFTax-Freeome's 5-Year Yield-on-Cost % falls into.



DTFTax-Freeome 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 DTFTax-Freeome is calculated as

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

DTFTax-Freeome  (NYSE:DTF) 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.


DTFTax-Freeome 5-Year Yield-on-Cost % Related Terms

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


DTFTax-Freeome (DTFTax-Freeome) Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606
DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.
Executives
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan officer: Vice President DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus other: See Explanation of Responses
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard officer: Vice President GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney officer: VP & Chief Investment Officer GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152

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