Highome Securities Fund (Highome Securities Fund) 5-Year Yield-on-Cost % : 57.55 (As of Apr. 26, 2024)

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What is Highome Securities Fund 5-Year Yield-on-Cost %?

Highome Securities Fund's yield on cost for the quarter that ended in Aug. 2023 was 57.55.

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

PCF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.04 Med: 46.13 Max: 72.11
Current: 57.55

During the past 7 years, Highome Securities Fund's highest Yield on Cost was 72.11. The lowest was 5.04. And the median was 46.13.

PCF's 5-Year Yield-on-Cost % is ranked better than
98.52% of 1214 companies
in the Asset Management industry
Industry Median: 6.005 vs PCF: 57.55

Competitive Comparison of Highome Securities Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Highome Securities 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.

Highome Securities Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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

Highome Securities 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 Highome Securities Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Highome Securities Fund (NYSE:PCF) 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.

Highome Securities Fund 5-Year Yield-on-Cost % Related Terms

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

Highome Securities Fund (Highome Securities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » High Income Securities Fund (NYSE:PCF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 East Michigan Street, Milwaukee, WI, USA, 53202

Website

https://www.putnam.com

High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective primarily by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.

Executives

Moritz A Sell	director	C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Phillip Goldstein	director	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Gerald Hellerman	director	5431 NW 21ST AVE., BOCA RATON FL 33496
Andrew Dakos	director, officer: President	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Ben H Harris	director	C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202
Stephanie Darling	officer: Chief Compliance Officer	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Thomas Antonucci	officer: Treasurer	250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Richard Dayan	director	C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., SUITE 301, BOCA RATON FL 33487
Rajeev P Das	director	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Edward Whalen	officer: Chief Human Resources Officer, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael Wands	officer: Head of Global Inv Strategies, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Anthony Daigle	officer: Portfolio Manager, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Andra S Bolotin	officer: Chief Financial Officer, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Manoj P Singh	director	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109