GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Global Dividend Opportunity Fund (NYSE:EOD) » Definitions » Net Income

Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Net Income : $17.34 Mil (TTM As of Oct. 2023)


View and export this data going back to . Start your Free Trial

What is Allspring Global Dividend Opportunity 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. Allspring Global Dividend Opportunity Fund's Net Income for the six months ended in Oct. 2023 was $-0.32 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was $17.34 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Allspring Global Dividend Opportunity Fund's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was $-0.01.


Allspring Global Dividend Opportunity Fund Net Income Historical Data

The historical data trend for Allspring Global Dividend Opportunity 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.

Allspring Global Dividend Opportunity Fund Net Income Chart

Allspring Global Dividend Opportunity Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
Get a 7-Day Free Trial 37.27 -20.69 73.76 -40.35 17.34

Allspring Global Dividend Opportunity Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.42 -20.55 -19.79 17.65 -0.32

Allspring Global Dividend Opportunity 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

Allspring Global Dividend Opportunity Fund's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.336+0+0+0
=17.34

Allspring Global Dividend Opportunity Fund's Net Income for the quarter that ended in Oct. 2023 is calculated as

Net Income(Q: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.317+0+0+0
=-0.32

Net Income for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $17.34 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.


Allspring Global Dividend Opportunity Fund  (NYSE:EOD) 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:

Allspring Global Dividend Opportunity Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2023 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.


Allspring Global Dividend Opportunity Fund Net Income Related Terms

Thank you for viewing the detailed overview of Allspring Global Dividend Opportunity Fund's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
525 Market Street, San Francisco, CA, USA, 94105
Allspring Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund's secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised of common stocks.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Silva Harindra De other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Dennis Bein other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Vincent J Fioramonti other: Portfolio Manager 10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262
Gregory Mcmurran other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Megan Miller other: Portfolio Manager 555 W 5TH STREET, 50TH FLOOR, LOS ANGELES CA 90013
Justin P Carr other: Portfolio Manager 10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262

Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Headlines