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Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Net Income : $34.34 Mil (TTM As of Nov. 2021)


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What is Fiduciary/Claymore Energy Infrastructure Fund Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Fiduciary/Claymore Energy Infrastructure Fund's Net Income for the six months ended in Nov. 2021 was $-1.56 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2021 was $34.34 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fiduciary/Claymore Energy Infrastructure Fund's Earnings per Share (Diluted) for the six months ended in Nov. 2021 was $-0.22.


Fiduciary/Claymore Energy Infrastructure Fund Net Income Historical Data

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fiduciary/Claymore Energy Infrastructure Fund Net Income Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Net Income
-50.43 12.49 -54.50 -203.68 34.34

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
Net Income Get a 7-Day Free Trial Premium Member Only -68.81 -200.56 -3.11 35.90 -1.56

Fiduciary/Claymore Energy Infrastructure Fund Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Fiduciary/Claymore Energy Infrastructure Fund's Net Income for the fiscal year that ended in Nov. 2021 is calculated as

Net Income(A: Nov. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=33.275+1.067+0+0
=34.34

Fiduciary/Claymore Energy Infrastructure Fund's Net Income for the quarter that ended in Nov. 2021 is calculated as

Net Income(Q: Nov. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.556+0.995+0+0
=-1.56

Net Income for the trailing twelve months (TTM) ended in Nov. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $34.34 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Fiduciary/Claymore Energy Infrastructure Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Fiduciary/Claymore Energy Infrastructure Fund Net Income Related Terms

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Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
Executives
Matthew Sallee other: Portfolio Manager 5100 W. 115TH PLACE, LEAWOOD KS 66211
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Lydon Thomas F Jr director, other: Trustee
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Quinn Thomas Kiley other: Portfolio Manager 8235 FORSYTH BOULEVARD, SUITE 700, CLAYTON MO 63105
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Cunnane James J Jr other: portfolio manager FIDUCIARY ASSET MANAGEMENT LLC, 8112 MARYLAND AVE, SUITE 200, ST. LOUIS MO 63105
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606

Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Headlines