Heritage Global is an asset services company focusing on financial and industrial asset transactions. Co.'s segments are: Auction and Liquidation, which operates an auction, appraisal and asset advisory firm, including the acquisition of manufacturing facilities and used industrial machinery and equipment; Refurbishment and Resale, which acquires refurbish and supplies laboratory equipment; Brokerage, which brokers charged-off receivables in the U.S. and Canada on behalf of lenders including banks, mortgage companies, and auto and alternative lending sources; and Specialty Lending, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios. The HGBL YTD return is shown above.
The YTD Return on the HGBL 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 HGBL 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 HGBL 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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