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Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Retained Earnings : $-66.89 Mil (As of Dec. 2023)


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What is Blackstone Senior Floating Rate Term Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blackstone Senior Floating Rate Term Fund's retained earnings for the quarter that ended in Dec. 2023 was $-66.89 Mil.

Blackstone Senior Floating Rate Term Fund's quarterly retained earnings increased from Dec. 2022 ($-75.11 Mil) to Jun. 2023 ($-70.54 Mil) and increased from Jun. 2023 ($-70.54 Mil) to Dec. 2023 ($-66.89 Mil).

Blackstone Senior Floating Rate Term Fund's annual retained earnings declined from Dec. 2021 ($-44.51 Mil) to Dec. 2022 ($-75.11 Mil) but then increased from Dec. 2022 ($-75.11 Mil) to Dec. 2023 ($-66.89 Mil).


Blackstone Senior Floating Rate Term Fund Retained Earnings Historical Data

The historical data trend for Blackstone Senior Floating Rate Term 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.

Blackstone Senior Floating Rate Term Fund Retained Earnings Chart

Blackstone Senior Floating Rate Term Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -35.98 -48.93 -44.51 -75.11 -66.89

Blackstone Senior Floating Rate Term Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.51 -70.20 -75.11 -70.54 -66.89

Blackstone Senior Floating Rate Term 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.


Blackstone Senior Floating Rate Term Fund  (NYSE:BSL) 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.


Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Executives
Thomas W Jasper other: Trustee C/O PRIMUS ASSET MANAGEMENT, INC., 360 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10017
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable officer: See Remarks, other: See Remarks 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Jane Lee other: Mng Dir.of Investment Advisor 1290 BROADWAY, SUITE 1100 CO 80203
Smith Daniel Harlan Jr. officer: CEO, President, other: Trustee, Chairman 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marisa Janel Beeney officer: CCO, Chief Legal Officer,Sec. 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Gary S Schpero other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Lee Michael Shaiman officer: Exec. VP, Assistant Secretary C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017

Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Headlines