ENO DCA Calculator
Dollar Cost Averaging — Entergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 2066
Historical data shows that a consistent $500 monthly investment into Entergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 2066 (ENO) starting in 2020 would have turned a total investment of $49K into $55K today. This represents a total return of 12.5% over the 6-year period, compounding through dividend reinvestment and market growth.
The Impact of Dividend Reinvestment (DRIP)
Entergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 2066 does not currently pay a notable dividend. For growth-focused stocks like ENO, dollar cost averaging relies entirely on price appreciation. Over the 6-year period, the strategy successfully captured the stock's price movements, resulting in a final portfolio value of $55K without the need for dividend reinvestment.
ENO vs. S&P 500 (SPY) Benchmark
When comparing this dollar cost averaging strategy against a broad market index,ENO underperformed the S&P 500 ETF (SPY). The same $500 monthly contributions into SPY would have grown to $87K, compared to ENO's $55K.