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Nuveen Municipal Creditome Fund Retained Earnings

: $258.48 Mil (As of Oct. 2020)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuveen Municipal Creditome Fund's retained earnings for the quarter that ended in Oct. 2020 was $258.48 Mil.

Nuveen Municipal Creditome Fund's quarterly retained earnings declined from Oct. 2019 ($354.70 Mil) to Apr. 2020 ($87.16 Mil) but then increased from Apr. 2020 ($87.16 Mil) to Oct. 2020 ($258.48 Mil).

Nuveen Municipal Creditome Fund's annual retained earnings increased from Oct. 2018 ($131.60 Mil) to Oct. 2019 ($354.70 Mil) but then declined from Oct. 2019 ($354.70 Mil) to Oct. 2020 ($258.48 Mil).


Nuveen Municipal Creditome Fund Retained Earnings Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Municipal Creditome Fund Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.97 4.43 131.60 354.70 258.48

Nuveen Municipal Creditome Fund Semi-Annual Data
Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 131.60 433.80 354.70 87.16 258.48

Nuveen Municipal Creditome 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.


Nuveen Municipal Creditome Fund  (NYSE:NZF) 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.


Nuveen Municipal Creditome Fund Retained Earnings Headlines

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