Broadway Financial is a savings and loan holding company. Through its subsidiary, Broadway Federal Bank, f.s.b., Co. is engaged in accepting deposits from the general public in the areas surrounding its branch offices, loan customers, non-profit entities, local municipalities, and depositors. These deposits, together with funds generated from operations and borrowings, primarily in mortgage loans secured by residential properties with five or more units (multi-family) and commercial real estate. In addition, Co. invests in securities issued by federal government agencies, residential mortgage-backed securities and other investments. The BYFC YTD return is shown above.
The YTD Return on the BYFC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BYFC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BYFC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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