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Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Return-on-Tangible-Equity : -3.64% (As of Nov. 2021)


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What is Fiduciary/Claymore Energy Infrastructure Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Fiduciary/Claymore Energy Infrastructure Fund's annualized net income for the quarter that ended in Nov. 2021 was $-3.12 Mil. Fiduciary/Claymore Energy Infrastructure Fund's average shareholder tangible equity for the quarter that ended in Nov. 2021 was $85.68 Mil. Therefore, Fiduciary/Claymore Energy Infrastructure Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2021 was -3.64%.

The historical rank and industry rank for Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity or its related term are showing as below:

FMO's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.08
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Fiduciary/Claymore Energy Infrastructure Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Return-on-Tangible-Equity
-12.26 3.18 -16.77 -123.52 49.70

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -42.92 -220.25 -8.62 100.29 -3.64

Competitive Comparison of Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fiduciary/Claymore Energy Infrastructure Fund's Return-on-Tangible-Equity falls into.



Fiduciary/Claymore Energy Infrastructure Fund Return-on-Tangible-Equity Calculation

Fiduciary/Claymore Energy Infrastructure Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=34.342/( (55.018+83.19 )/ 2 )
=34.342/69.104
=49.70 %

Fiduciary/Claymore Energy Infrastructure Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2021 )  (Q: May. 2021 )(Q: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2021 )  (Q: May. 2021 )(Q: Nov. 2021 )
=-3.122/( (88.171+83.19)/ 2 )
=-3.122/85.6805
=-3.64 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Nov. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Fiduciary/Claymore Energy Infrastructure Fund Return-on-Tangible-Equity 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