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Nuveen Massachusetts Quality Municipalome Fund (Nuveen Massachusetts Quality Municipalome Fund) 5-Year Yield-on-Cost %

: 3.42 (As of Today)
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Nuveen Massachusetts Quality Municipalome Fund's yield on cost for the quarter that ended in Nov. 2023 was 3.42.


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

NMT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.1   Med: 3.52   Max: 5.18
Current: 3.42


During the past 6 years, Nuveen Massachusetts Quality Municipalome Fund's highest Yield on Cost was 5.18. The lowest was 3.10. And the median was 3.52.


NMT's 5-Year Yield-on-Cost % is ranked worse than
72.73% of 1214 companies
in the Asset Management industry
Industry Median: 6.04 vs NMT: 3.42

Competitive Comparison

For the Asset Management subindustry, Nuveen Massachusetts Quality Municipalome 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.


Nuveen Massachusetts Quality Municipalome Fund 5-Year Yield-on-Cost % Distribution

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

* The bar in red indicates where Nuveen Massachusetts Quality Municipalome Fund's 5-Year Yield-on-Cost % falls into.



Nuveen Massachusetts Quality Municipalome 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 Nuveen Massachusetts Quality Municipalome Fund is calculated as

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

Nuveen Massachusetts Quality Municipalome Fund  (NYSE:NMT) 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 Massachusetts Quality Municipalome Fund 5-Year Yield-on-Cost % Related Terms

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Nuveen Massachusetts Quality Municipalome Fund (Nuveen Massachusetts Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Massachusetts Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund's objective seeks to provide current income exempt from both regular federal and Massachusetts income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
Lancellotta Amy B.r. other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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