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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Retained Earnings : $-85.18 Mil (As of Nov. 2023)


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What is Eaton Vance Floating-rateome Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eaton Vance Floating-rateome Trust's retained earnings for the quarter that ended in Nov. 2023 was $-85.18 Mil.

Eaton Vance Floating-rateome Trust's quarterly retained earnings increased from Nov. 2022 ($-98.08 Mil) to May. 2023 ($-97.52 Mil) and increased from May. 2023 ($-97.52 Mil) to Nov. 2023 ($-85.18 Mil).

Eaton Vance Floating-rateome Trust's annual retained earnings declined from May. 2021 ($-44.15 Mil) to May. 2022 ($-81.83 Mil) and declined from May. 2022 ($-81.83 Mil) to May. 2023 ($-97.52 Mil).


Eaton Vance Floating-rateome Trust Retained Earnings Historical Data

The historical data trend for Eaton Vance Floating-rateome Trust'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.

Eaton Vance Floating-rateome Trust Retained Earnings Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Retained Earnings
Get a 7-Day Free Trial -18.40 -105.32 -44.15 -81.83 -97.52

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -51.25 -81.83 -98.08 -97.52 -85.18

Eaton Vance Floating-rateome Trust 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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.


Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109