Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Sloan Ratio % : 0.00% (As of Nov. 2021)

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What is Fiduciary/Claymore Energy Infrastructure Fund Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio for the quarter that ended in Nov. 2021 was 0.00%.

As of Nov. 2021, Fiduciary/Claymore Energy Infrastructure Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Fiduciary/Claymore Energy Infrastructure Fund Sloan Ratio % Historical Data

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio % 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.

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Fiduciary/Claymore Energy Infrastructure Fund Sloan Ratio % Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Sloan Ratio %

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21
Sloan Ratio %	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio %

For the Asset Management subindustry, Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Fiduciary/Claymore Energy Infrastructure Fund's Sloan Ratio % falls into.

Fiduciary/Claymore Energy Infrastructure Fund Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

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

Sloan Ratio	=	(Net Income (A: Nov. 2021 )	-	Cash Flow from Operations (A: Nov. 2021 )
	-	Cash Flow from Investing (A: Nov. 2021 ))	/	Total Assets (A: Nov. 2021 )
	=	(34.342	-	2.802
	-	0)	/	98.686
	=	31.96%

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

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Nov. 2021 )
	=	(34.341	-	2.802
	-	0)	/	98.686
	=	31.96%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Fiduciary/Claymore Energy Infrastructure Fund's Net Income for the trailing twelve months (TTM) ended in Nov. 2021 was 35.902 (May. 2021 ) + -1.561 (Nov. 2021 ) = $34.34 Mil.
Fiduciary/Claymore Energy Infrastructure Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2021 was -0.662 (May. 2021 ) + 3.464 (Nov. 2021 ) = $2.80 Mil.
Fiduciary/Claymore Energy Infrastructure Fund's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2021 was 0 (May. 2021 ) + 0 (Nov. 2021 ) = $0.00 Mil.

Fiduciary/Claymore Energy Infrastructure Fund (NYSE:FMO) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Nov. 2021, Fiduciary/Claymore Energy Infrastructure Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Fiduciary/Claymore Energy Infrastructure Fund Sloan Ratio % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fiduciary/Claymore Energy Infrastructure Fund (NYSE:FMO) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 West Monroe Street, Chicago, IL, USA, 60606

Website

http://www.guggenheiminvestments.com

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