The historical rank and industry rank for Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:
ERC'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.44 Med: 6.46 Max: 9.6
Current: 5.91
During the past 13 years, Allspring Multi-Sectorome Fund's highest Yield on Cost was 9.60. The lowest was 5.44. And the median was 6.46.
ERC's 5-Year Yield-on-Cost % is ranked better than 50.08% of 1214
companies
in the Asset Management industry
Industry Median: 5.9
vs ERC: 5.91
Competitive Comparison of Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost %
For the Asset Management subindustry, Allspring Multi-Sectorome 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.
Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost % falls into.
Allspring Multi-Sectorome 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.
Allspring Multi-Sectorome Fund (AMEX:ERC) 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.
Allspring Multi-Sectorome Fund 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Allspring Multi-Sectorome Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Business Description
Allspring Multi-Sector Income Fund is a closed-end investment management company. The company's core business is to secure a high level of income for its investors consistent with limiting its overall exposure to domestic interest rate risk. It invests in U.S. dollar-denominated below investment-grade bonds, debentures, and other income obligations, including loans and preferred stocks, developed and emerging market debt securities, including obligations of foreign governments or governmental entities, foreign corporations, or supranational agencies denominated in various currencies, asset backed securities and investment grade corporate bonds.
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