GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Templeton Global Income Fund (NYSE:SABA) » Definitions » Retained Earnings

Templeton Globalome Fund (Templeton Globalome Fund) Retained Earnings : $-134.31 Mil (As of Jun. 2023)


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

What is Templeton Globalome Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Templeton Globalome Fund's retained earnings for the quarter that ended in Jun. 2023 was $-134.31 Mil.

Templeton Globalome Fund's quarterly retained earnings increased from Jun. 2022 ($-210.56 Mil) to Dec. 2022 ($-121.84 Mil) but then declined from Dec. 2022 ($-121.84 Mil) to Jun. 2023 ($-134.31 Mil).

Templeton Globalome Fund's annual retained earnings declined from Dec. 2019 ($-110.64 Mil) to Dec. 2020 ($-168.24 Mil) but then increased from Dec. 2020 ($-168.24 Mil) to Dec. 2021 ($-137.92 Mil).


Templeton Globalome Fund Retained Earnings Historical Data

The historical data trend for Templeton Globalome Fund'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.

Templeton Globalome Fund Retained Earnings Chart

Templeton Globalome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
-16.54 -71.03 -110.64 -168.24 -137.92

Templeton Globalome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -205.40 -137.92 -210.56 -121.84 -134.31

Templeton Globalome Fund 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.


Templeton Globalome Fund  (NYSE:SABA) 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.


Templeton Globalome Fund (Templeton Globalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923
Templeton Global Income Fund is a closed-end fund. It seeks high current income, with a secondary goal of capital appreciation. Under normal market conditions. The Fund invests at least over 80% of its net assets in income-producing securities, including debt securities of the United States and foreign issuers, including emerging markets.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: VP & Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Garry Khasidy director 131 MUNSTER ROAD, LONDON X0 SW6 6DD
Mark Hammitt director 8 THE GREEN, SUITE 10664, DOVER DE 19901
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Anatoly Nakum director 52 EAST END AVENUE, APT. 18, NEW YORK NY 10028
Franklin Resources Inc other: Affiliate of Investment Adv. FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174