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Eaton Vance Municipal Bond Fund (Eaton Vance Municipal Bond Fund) 5-Year Yield-on-Cost % : 3.54 (As of May. 11, 2024)


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What is Eaton Vance Municipal Bond Fund 5-Year Yield-on-Cost %?

Eaton Vance Municipal Bond Fund's yield on cost for the quarter that ended in Sep. 2023 was 3.54.


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

EIM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.11   Med: 4.27   Max: 6.06
Current: 3.54

During the past 13 years, Eaton Vance Municipal Bond Fund's highest Yield on Cost was 6.06. The lowest was 3.11. And the median was 4.27.


EIM's 5-Year Yield-on-Cost % is ranked worse than
69.85% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs EIM: 3.54

Competitive Comparison of Eaton Vance Municipal Bond Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Eaton Vance Municipal Bond 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.

Eaton Vance Municipal Bond Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance Municipal Bond Fund's 5-Year Yield-on-Cost % falls into.


Eaton Vance Municipal Bond 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 Eaton Vance Municipal Bond Fund is calculated as

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

Eaton Vance Municipal Bond Fund  (AMEX:EIM) 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 Municipal Bond Fund 5-Year Yield-on-Cost % Related Terms

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Eaton Vance Municipal Bond Fund (Eaton Vance Municipal Bond Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Municipal Bond Fund (AMEX:EIM) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
PHK NXP JPC THQ MYI TCPC BSIG FFC JQC FAX BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Website
https://www.eatonvance.com
Eaton Vance Municipal Bond Fund is a non-diversified closed-end management investment company. It consists of Municipal bond fund, California municipal bond fund, and New York municipal bond fund. The company's investment objective is to provide current income exempt from regular federal income tax, alternative minimum tax, and taxes in specified states. Its investment plan is to invest in higher quality bonds.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
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
Craig R Brandon other: Insider and Officer 255 STATE STREET, BOSTON MA 02109
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
Julie P Callahan other: Portfolio Manager 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
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202