DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Retained Earnings : $-1,232.8 Mil (As of Sep. 2023)

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What is DoubleLineome Solutions Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DoubleLineome Solutions Fund's retained earnings for the quarter that ended in Sep. 2023 was $-1,232.8 Mil.

DoubleLineome Solutions Fund's quarterly retained earnings declined from Sep. 2022 ($-1,190.7 Mil) to Mar. 2023 ($-1,207.9 Mil) and declined from Mar. 2023 ($-1,207.9 Mil) to Sep. 2023 ($-1,232.8 Mil).

DoubleLineome Solutions Fund's annual retained earnings declined from Sep. 2021 ($24.7 Mil) to Sep. 2022 ($-1,190.7 Mil) and declined from Sep. 2022 ($-1,190.7 Mil) to Sep. 2023 ($-1,232.8 Mil).

DoubleLineome Solutions Fund Retained Earnings Historical Data

The historical data trend for DoubleLineome Solutions 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.

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DoubleLineome Solutions Fund Retained Earnings Chart

DoubleLineome Solutions Fund Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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1.04

-12.31

24.66

-1,190.69

-1,232.83

DoubleLineome Solutions Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial								24.66	-6.52	-1,190.69	-1,207.95	-1,232.83

DoubleLineome Solutions 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.

DoubleLineome Solutions Fund (NYSE:DSL) 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.

DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DoubleLine Income Solutions Fund (NYSE:DSL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602

Website

https://www.doublelinefunds.com

DoubleLine Income Solutions Fund is a closed-end fund. The fund's primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in securities, including money market funds, foreign corporate bonds, us corporate bonds, bank loans, collateralized loan obligations, and municipal bonds. The portfolio of the fund consists of various industries such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and others.

Executives

Lisa Chen	officer: AML Compliance Officer	C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter	other: Trustee	C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta	officer: AML Officer	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam	officer: Dir of HR for DSL's Inv Adv	C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Henry V Chase	other: See Remarks	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker	officer: Vice President	333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia	officer: CHIEF COMPLIANCE OFFICER	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta	other: Adviser	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti	officer: CHIEF COMPLIANCE OFFICER	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han	officer: Assistant Treasurer	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling	officer: Vice President	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
James Charles Davison	other: Global Relationship Management	333 SOUTH GRAND AVE, 18TH FLOOR, LOS ANGELES CA 90071
Raymond Woolson	other: TRUSTEE	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071