GURUFOCUS.COM » STOCK LIST » USA » NYSE » PIMCO Corporate & Income Strategy Fund (NYSE:PCN) » Definitions » ROE %
Switch to:

PIMCOorate &ome Strategy Fund ROE %

: 0.25% (As of Jan. 2022)
View and export this data going back to . Start your Free Trial

ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. PIMCOorate &ome Strategy Fund's annualized net income attributable to common stockholders for the quarter that ended in Jan. 2022 was $1.55 Mil. PIMCOorate &ome Strategy Fund's average Total Stockholders Equity over the quarter that ended in Jan. 2022 was $624.91 Mil. Therefore, PIMCOorate &ome Strategy Fund's annualized ROE % for the quarter that ended in Jan. 2022 was 0.25%.

The historical rank and industry rank for PIMCOorate &ome Strategy Fund's ROE % or its related term are showing as below:

PCN' s ROE % Range Over the Past 10 Years
Min: -5.43   Med: 8.49   Max: 20.77
Current: 5.44

During the past 5 years, PIMCOorate &ome Strategy Fund's highest ROE % was 20.77%. The lowest was -5.43%. And the median was 8.49%.

PCN's ROE % is ranked worse than
51.61% of 1682 companies
in the Asset Management industry
Industry Median: 6.01 vs PCN: 5.44

PIMCOorate &ome Strategy Fund ROE % Historical Data

The historical data trend for PIMCOorate &ome Strategy Fund's ROE % 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.

PIMCOorate &ome Strategy Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
ROE %
16.72 5.60 8.49 -5.43 20.77

PIMCOorate &ome Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.80 -20.29 30.97 10.66 0.25

Competitive Comparison

For the Asset Management subindustry, PIMCOorate &ome Strategy Fund's ROE %, along with its competitors' market caps and ROE % 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.

   

PIMCOorate &ome Strategy Fund ROE % Distribution

For the Asset Management industry and Financial Services sector, PIMCOorate &ome Strategy Fund's ROE % distribution charts can be found below:

* The bar in red indicates where PIMCOorate &ome Strategy Fund's ROE % falls into.



PIMCOorate &ome Strategy Fund ROE % Calculation

PIMCOorate &ome Strategy Fund's annualized ROE % for the fiscal year that ended in Jul. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Jul. 2021 )/( (Total Stockholders Equity (A: Jul. 2020 )+Total Stockholders Equity (A: Jul. 2021 ))/ count )
=120.726/( (533.013+629.355)/ 2 )
=120.726/581.184
=20.77 %

PIMCOorate &ome Strategy Fund's annualized ROE % for the quarter that ended in Jan. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jan. 2022 )/( (Total Stockholders Equity (Q: Jul. 2021 )+Total Stockholders Equity (Q: Jan. 2022 ))/ count )
=1.552/( (629.355+620.455)/ 2 )
=1.552/624.905
=0.25 %

* 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 ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is two times the semi-annual (Jan. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


PIMCOorate &ome Strategy Fund  (NYSE:PCN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jan. 2022 )
=Net Income/Total Stockholders Equity
=1.578/624.905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.578 / 1.8)*(1.8 / 1038.202)*(1038.202 / 624.905)
=Net Margin %*Asset Turnover*Equity Multiplier
=87.67 %*0.0017*1.6614
=ROA %*Equity Multiplier
=0.15 %*1.6614
=0.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jan. 2022 )
=Net Income/Total Stockholders Equity
=1.578/624.905
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (1.578 / 1.578) * (1.578 / 0) * (0 / 1.8) * (1.8 / 1038.202) * (1038.202 / 624.905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * N/A * 0 % * 0.0017 * 1.6614
=0.25 %

Note: The net income attributable to common stockholders data used here is two times the semi-annual (Jan. 2022) net income attributable to common stockholders data. The Revenue data used here is two times the semi-annual (Jan. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


PIMCOorate &ome Strategy Fund ROE % Related Terms

Thank you for viewing the detailed overview of PIMCOorate &ome Strategy Fund's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCOorate &ome Strategy Fund Business Description

PIMCOorate &ome Strategy Fund logo
Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income. The secondary investment objective of the fund is capital preservation and appreciation. It invests in the corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments and others.
Executives
Cantrill Elizabeth Davis other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Meggers Julie Ann other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Jelic Mark Allen officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Vandecruze Grace director 125 TOWNPARK DRIVE, SUITE 300 KENNESAW GA 30144
Zakir Nadia other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Duggan Elizabeth A officer: Vice President C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Brigliadori Geraldine Edith other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Ananthanarayanan Vishalakshi Mangala other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Hall Gregory Weston other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Kittredge Joseph Baker Jr director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Tournier Eve Anne Celine other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Whitten Candice Stack other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Schneider Jerome M other: SEE REMARKS C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Zhang Hao Jessica officer: Assistant Treasurer C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Byer Jeffrey Alan officer: Vice President C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92626

PIMCOorate &ome Strategy Fund Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)