Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) 5-Year Yield-on-Cost % : 9.00 (As of May. 17, 2024)

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What is Virtus Dividend, Interest & Premium Strategy Fund 5-Year Yield-on-Cost %?

Virtus Dividend, Interest & Premium Strategy Fund's yield on cost for the quarter that ended in Jan. 2024 was 9.00.

The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

NFJ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.18 Med: 8.39 Max: 12.14
Current: 9

During the past 7 years, Virtus Dividend, Interest & Premium Strategy Fund's highest Yield on Cost was 12.14. The lowest was 6.18. And the median was 8.39.

NFJ's 5-Year Yield-on-Cost % is ranked better than
72.03% of 1212 companies
in the Asset Management industry
Industry Median: 5.87 vs NFJ: 9.00

Competitive Comparison of Virtus Dividend, Interest & Premium Strategy Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy 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.

Virtus Dividend, Interest & Premium Strategy Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Dividend, Interest & Premium Strategy Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's 5-Year Yield-on-Cost % falls into.

Virtus Dividend, Interest & Premium Strategy 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 Virtus Dividend, Interest & Premium Strategy Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) 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.

Virtus Dividend, Interest & Premium Strategy Fund 5-Year Yield-on-Cost % Related Terms

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Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.virtus.com

Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.

Executives

Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Francis G Waltman	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103