Textainer Group Holdings is a holding company. Through its subsidiaries, Co. purchases, manages, leases and resells a fleet of marine cargo containers. Co. manages and provides administrative support to the affiliated and unaffiliated third-party owners' (Container Investors) container fleets. Co. conducts its business activities in three main areas: Container Ownership, which consists of standard dry freight containers, but also includes refrigerated and other special-purpose containers; Container Management, which manages containers for and on behalf of the Container Investors; and Container Resale, which buys and subsequently resells containers (trading containers) from third parties. The TGH YTD return is shown above.
The YTD Return on the TGH 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 TGH 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 TGH 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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