GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Enhanced Equity Income Fund (NYSE:GPM) » Definitions » 5-Year Yield-on-Cost %

Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) 5-Year Yield-on-Cost % : 4.85 (As of May. 11, 2024)


View and export this data going back to . Start your Free Trial

What is Guggenheim Enhanced Equityome Fund 5-Year Yield-on-Cost %?

Guggenheim Enhanced Equityome Fund's yield on cost for the quarter that ended in Jun. 2021 was 4.85.


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

GPM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.85
Current: 4.85

During the past 4 years, Guggenheim Enhanced Equityome Fund's highest Yield on Cost was 4.85. The lowest was 0.00. And the median was 0.00.


GPM's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.935 vs GPM: 4.85

Competitive Comparison of Guggenheim Enhanced Equityome Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Guggenheim Enhanced Equityome 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.

Guggenheim Enhanced Equityome Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Guggenheim Enhanced Equityome Fund's 5-Year Yield-on-Cost % falls into.


Guggenheim Enhanced Equityome 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 Guggenheim Enhanced Equityome Fund is calculated as

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

Guggenheim Enhanced Equityome Fund  (NYSE:GPM) 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.

Guggenheim Enhanced Equityome Fund 5-Year Yield-on-Cost % Related Terms

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

Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Enhanced Equity Income Fund (NYSE:GPM) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
STK GIM IFN BRDG GAIN MVF TPVG ETB BLW HPI BLK TSX:BAM.A BX OSTO:INVE A KKR BK APO AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Website
https://www.guggenheiminvestments.com
Guggenheim Enhanced Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income and gains with a secondary objective of long-term capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.
Executives
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Lydon Thomas F Jr director, other: Trustee
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Scott A Hammond other: Portfolio Manager 227 W. MONROE STREET CHICAGO IL 60606
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Qi Yan other: Portfolio Manager 100 WILSHIRE BOULEVARD SANTA MONICA CA 90401
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606