Virtus Global Multi-Sector (Virtus Global Multi-Sector) 5-Year Yield-on-Cost % : 6.90 (As of May. 13, 2024)

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What is Virtus Global Multi-Sector 5-Year Yield-on-Cost %?

Virtus Global Multi-Sector's yield on cost for the quarter that ended in Nov. 2023 was 6.90.

The historical rank and industry rank for Virtus Global Multi-Sector's 5-Year Yield-on-Cost % or its related term are showing as below:

VGI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.93 Med: 6.82 Max: 9.21
Current: 6.9

During the past 7 years, Virtus Global Multi-Sector's highest Yield on Cost was 9.21. The lowest was 4.93. And the median was 6.82.

VGI's 5-Year Yield-on-Cost % is ranked better than
58.14% of 1216 companies
in the Asset Management industry
Industry Median: 5.925 vs VGI: 6.90

Competitive Comparison of Virtus Global Multi-Sector's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Virtus Global Multi-Sector'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 Global Multi-Sector's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Global Multi-Sector's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Virtus Global Multi-Sector's 5-Year Yield-on-Cost % falls into.

Virtus Global Multi-Sector 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 Global Multi-Sector is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Virtus Global Multi-Sector (NYSE:VGI) 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 Global Multi-Sector 5-Year Yield-on-Cost % Related Terms

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Virtus Global Multi-Sector (Virtus Global Multi-Sector) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Global Multi-Sector Inc (NYSE:VGI) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301-9683

Website

https://www.virtus.com

Virtus Global Multi-Sector Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objectives by capitalizing on opportunities across undervalued areas of the global bond markets.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
John R Mallin	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sidney E Harris	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
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Rogers James B Jr	director	14 WESLEY STREET, HAMILTON D0 HM11
James M Oates	director	C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas F. Mann	director	125 EAST ELM STREET, SUITE 200, CONSHOHOCKEN PA 19428
Benjamin Caron	other: Officer of the Sub-Adviser	C/O NEWFLEET ASSET MANAGEMENT, LLC, 100 PEARL STREET, HARTFORD CT 06103