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Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Manulife Floating Rate Senior Loan Fund 5-Year Yield-on-Cost %?

Manulife Floating Rate Senior Loan Fund's yield on cost for the quarter that ended in Jun. 2020 was 0.00.


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



TSX:MFR.UN's 5-Year Yield-on-Cost % is not ranked *
in the Asset Management industry.
Industry Median: 5.9
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Manulife Floating Rate Senior Loan Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Manulife Floating Rate Senior Loan 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.


Manulife Floating Rate Senior Loan Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Manulife Floating Rate Senior Loan Fund's 5-Year Yield-on-Cost % falls into.



Manulife Floating Rate Senior Loan 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 Manulife Floating Rate Senior Loan Fund is calculated as

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

Manulife Floating Rate Senior Loan Fund  (TSX:MFR.UN) 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.


Manulife Floating Rate Senior Loan Fund 5-Year Yield-on-Cost % Related Terms

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Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Business Description

Traded in Other Exchanges
N/A
Address
200 Bloor Street East, North Tower, Toronto, ON, CAN, M4W 1E5
Manulife Floating Rate Senior Loan Fund is a Canada based closed-end investment fund. Its investment objective is to provide holders of units with monthly distributions; to preserve capital and to provide the opportunity for increased income if short-term interest rates rise. It is formed to invest in an actively managed portfolio of investments in senior floating rate loans and, to a lesser extent, short duration debt securities.

Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Headlines

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