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Eaton Vance Senior Floating Rate Trust (Eaton Vance Senior Floating Rate Trust) 5-Year Yield-on-Cost % : 13.85 (As of May. 25, 2024)


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What is Eaton Vance Senior Floating Rate Trust 5-Year Yield-on-Cost %?

Eaton Vance Senior Floating Rate Trust's yield on cost for the quarter that ended in Oct. 2023 was 13.85.


The historical rank and industry rank for Eaton Vance Senior Floating Rate Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

EFR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.05   Med: 8.72   Max: 14.09
Current: 13.85


During the past 7 years, Eaton Vance Senior Floating Rate Trust's highest Yield on Cost was 14.09. The lowest was 7.05. And the median was 8.72.


EFR's 5-Year Yield-on-Cost % is ranked better than
90.21% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs EFR: 13.85

Competitive Comparison of Eaton Vance Senior Floating Rate Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Eaton Vance Senior Floating Rate 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.


Eaton Vance Senior Floating Rate Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Senior Floating Rate Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Senior Floating Rate Trust's 5-Year Yield-on-Cost % falls into.



Eaton Vance Senior Floating Rate 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 Eaton Vance Senior Floating Rate Trust is calculated as

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

Eaton Vance Senior Floating Rate Trust  (NYSE:EFR) 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.


Eaton Vance Senior Floating Rate Trust 5-Year Yield-on-Cost % Related Terms

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Eaton Vance Senior Floating Rate Trust (Eaton Vance Senior Floating Rate Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Senior Floating Rate Trust is a diversified, closed-end management investment company. Its primary investment objective is to provide a high level of current income. As a secondary objective, the fund intends to seek capital preservation. Its portfolio of investments consists of health care, industrial equipment, lodging and casinos, oil and gas, publishing, radio and television, telecommunications, and other areas. The trust invests in below investment grade floating rate loans, which are considered speculative because of the credit risk of their issuers.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Craig P Russ other: Vice President
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Daniel Mcelaney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Senior Floating Rate Trust (Eaton Vance Senior Floating Rate Trust) Headlines

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