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Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Pre-Tax Income : $-1.69 Mil (TTM As of Sep. 2020)


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What is Western Asset Variable Rate Strategic Fd Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Western Asset Variable Rate Strategic Fd's pretax income for the six months ended in Sep. 2020 was $7.92 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2020 was $-1.69 Mil. Western Asset Variable Rate Strategic Fd's pretax margin was 98.57%.

Western Asset Variable Rate Strategic Fd Pre-Tax Income Historical Data

The historical data trend for Western Asset Variable Rate Strategic Fd's Pre-Tax Income 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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Western Asset Variable Rate Strategic Fd Pre-Tax Income Chart

Western Asset Variable Rate Strategic Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20
Pre-Tax Income
8.60 3.78 2.40 -1.69

Western Asset Variable Rate Strategic Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Pre-Tax Income Get a 7-Day Free Trial 1.15 0.82 1.58 -9.61 7.92

Competitive Comparison of Western Asset Variable Rate Strategic Fd's Pre-Tax Income

For the Asset Management subindustry, Western Asset Variable Rate Strategic Fd's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Asset Variable Rate Strategic Fd's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Variable Rate Strategic Fd's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Western Asset Variable Rate Strategic Fd's Pre-Tax Income falls into.


Western Asset Variable Rate Strategic Fd Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Western Asset Variable Rate Strategic Fd's Pretax Income for the fiscal year that ended in Sep. 2020 is calculated as

Pretax Income=Operating Income+Other
=0+-1.694
=-1.69

Western Asset Variable Rate Strategic Fd's Pretax Income for the quarter that ended in Sep. 2020 is calculated as

Pretax Income=Operating Income+Other
=0+7.919
=7.92

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.69 Mil.

* 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.

Western Asset Variable Rate Strategic Fd  (NYSE:GFY) Pre-Tax Income Explanation

Western Asset Variable Rate Strategic Fd's Pretax Margin for the quarter that ended in Sep. 2020 is calculated as

Pretax Margin=Pretax Income/Revenue
=7.919/8.034
=98.57%

* 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.

Western Asset Variable Rate Strategic Fd Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Western Asset Variable Rate Strategic Fd's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Variable Rate Strategic Fd Inc. (NYSE:GFY) » Definitions » Pre-Tax Income
Comparable Companies
LSE:MIX OSTO:NAXS LSE:KAY TSX:LFE MUS:AAIT LSE:TMT XMCE:REA BOM:521194 WAR:GKI LSE:ASCI TSX:FFN LSE:ACD XKRX:214680 LSE:AAVC TSX:FFI.UN XTER:B7E LSE:HHV LSE:ATI OCSE:RLAINV LSE:FTF
Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018
Website
https://www.leggmason.com
Western Asset Variable Rate Strategic Fd Inc. is a non-diversified, closed-end management investment company. Its investment objective is to maintain a high level of current income by investing in variable rate instruments of U.S. and non-U.S. issuers. The fund invests in various sectors such as energy, materials and healthcare and others.
Executives
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Relative Value Partners Group, Llc other: QUALIFIED INSTITUTION MANAGER 1033 SKOKIE BLVD., SUITE 470, NORTHBROOK IL 60062
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
Todd F Kuehl officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Kenneth Fuller director, officer: CEO, Pres. & Chairman, other: CEO & Pres. Of Manager 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202