First Trust Strategic High Fund II (First Trust Strategic High Fund II) Retained Earnings : $2.66 Mil (As of Oct. 2017)

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What is First Trust Strategic High Fund II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Trust Strategic High Fund II's retained earnings for the quarter that ended in Oct. 2017 was $2.66 Mil.

First Trust Strategic High Fund II's quarterly retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Oct. 2017 ($2.66 Mil).

First Trust Strategic High Fund II's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Oct. 2017 ($2.66 Mil).

First Trust Strategic High Fund II Retained Earnings Historical Data

The historical data trend for First Trust Strategic High Fund II's Retained Earnings 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.

First Trust Strategic High Fund II Retained Earnings Chart

First Trust Strategic High Fund II Annual Data

Trend

Oct17

Retained Earnings

2.66

First Trust Strategic High Fund II Semi-Annual Data
	Oct17
Retained Earnings	2.66

First Trust Strategic High Fund II Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

First Trust Strategic High Fund II (NYSE:FHY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

First Trust Strategic High Fund II (First Trust Strategic High Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Strategic High Inc Fund II (NYSE:FHY) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Website

http://www.ftportfolios.com

First Trust Strategic High Inc Fund II is a diversified, closed-end management investment company. The investment objective of the the fund is to seek a high level of current income. The fund seeks capital growth as a secondary objective.

Executives

Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Mark Shipley	other: Officer-Investment Sub-Advisor	C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Dana Erikson	other: Portfolio Manager-Sub-Advisor	HYPERION BROOKFIELD ASSET MGMT., INC., 3 WFC, 200 VESEY STREET, 10TH FLOOR, NEW YORK NY 10281-1010
Anthony A. Breaks	other: Portfolio Manager-Sub-Advisor	C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Investment Management Inc.	other: Investment Sub-Advisor	BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Erin E Klassman	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Lynch Coleen D	officer: Assistant Vice President	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kathleen Wieland Brown	other: Officer-Investment Adviser	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Christopher R Fallow	officer: Assistant Vice President	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelley Christensen	officer: Vice President	C/O FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Joseph D Mcdermott	other: Officer-Investment Adviser	FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Robert F Keith	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

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