Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) 5-Year Yield-on-Cost % : 5.32 (As of May. 12, 2024)

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What is Blackrock Enhanced Government Fund 5-Year Yield-on-Cost %?

Blackrock Enhanced Government Fund's yield on cost for the quarter that ended in Dec. 2023 was 5.32.

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

EGF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.66 Med: 3.84 Max: 5.42
Current: 5.32

During the past 7 years, Blackrock Enhanced Government Fund's highest Yield on Cost was 5.42. The lowest was 3.66. And the median was 3.84.

EGF's 5-Year Yield-on-Cost % is ranked worse than
53.95% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs EGF: 5.32

Competitive Comparison of Blackrock Enhanced Government Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Blackrock Enhanced Government 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.

Blackrock Enhanced Government Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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

Blackrock Enhanced Government 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 Blackrock Enhanced Government Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Blackrock Enhanced Government Fund (NYSE:EGF) 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.

Blackrock Enhanced Government Fund 5-Year Yield-on-Cost % Related Terms

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Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Enhanced Government Fund Inc (NYSE:EGF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

http://www.blackrock.com

Blackrock Enhanced Government Fund Inc is a diversified closed-end management investment company. Its investment objective is to provide shareholders with current income and gains. The fund seeks to pursue the objectives by investing in a portfolio of U.S. Government and U.S. Agency securities and utilizing an option overwriting in an effort to enhance the fund's distribution rate and total return performance.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Scott Maclellan	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055