Madison Square Garden Sports is a holding company. Through its subsidiaries, Co. is engaged in the sports business. Co. owns and operates a portfolio of assets, including the New York Knickerbockers (Knicks) of the National Basketball Association (NBA) and the New York Rangers (Rangers) of the National Hockey League. Both the Knicks and the Rangers play their home games in Madison Square Garden Arena. Co.'s other franchises include two development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. In addition, Co. owns Knicks Gaming, an esports franchise that competes in the NBA 2K League. The MSGS YTD return is shown above.
The YTD Return on the MSGS 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 MSGS 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 MSGS 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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