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Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) Retained Earnings : $123.7 Mil (As of Jun. 2021)


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What is Guggenheim Enhanced Equityome Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Guggenheim Enhanced Equityome Fund's retained earnings for the quarter that ended in Jun. 2021 was $123.7 Mil.

Guggenheim Enhanced Equityome Fund's quarterly retained earnings increased from Jun. 2020 ($-32.9 Mil) to Dec. 2020 ($59.8 Mil) and increased from Dec. 2020 ($59.8 Mil) to Jun. 2021 ($123.7 Mil).

Guggenheim Enhanced Equityome Fund's annual retained earnings increased from Dec. 2018 ($-31.4 Mil) to Dec. 2019 ($62.4 Mil) but then declined from Dec. 2019 ($62.4 Mil) to Dec. 2020 ($59.8 Mil).

Guggenheim Enhanced Equityome Fund Retained Earnings Historical Data

The historical data trend for Guggenheim Enhanced Equityome 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.

Guggenheim Enhanced Equityome Fund Retained Earnings Chart

Guggenheim Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Retained Earnings
- -31.45 62.45 59.81

Guggenheim Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Retained Earnings Get a 7-Day Free Trial 10.46 62.45 -32.93 59.81 123.71

Guggenheim Enhanced Equityome 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.

Guggenheim Enhanced Equityome Fund  (NYSE:GPM) 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.

Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Enhanced Equity Income Fund (NYSE:GPM) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Website
https://www.guggenheiminvestments.com
Guggenheim Enhanced Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income and gains with a secondary objective of long-term capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.
Executives
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Lydon Thomas F Jr director, other: Trustee
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Scott A Hammond other: Portfolio Manager 227 W. MONROE STREET CHICAGO IL 60606
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Qi Yan other: Portfolio Manager 100 WILSHIRE BOULEVARD SANTA MONICA CA 90401
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606