GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Core Equity Alpha Fund (NYSE:JCE) » Definitions » Retained Earnings

Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Retained Earnings : $45.04 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Nuveen Core Equity Alpha Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuveen Core Equity Alpha Fund's retained earnings for the quarter that ended in Dec. 2023 was $45.04 Mil.

Nuveen Core Equity Alpha Fund's quarterly retained earnings increased from Dec. 2022 ($5.80 Mil) to Jun. 2023 ($24.68 Mil) and increased from Jun. 2023 ($24.68 Mil) to Dec. 2023 ($45.04 Mil).

Nuveen Core Equity Alpha Fund's annual retained earnings declined from Dec. 2021 ($85.89 Mil) to Dec. 2022 ($5.80 Mil) but then increased from Dec. 2022 ($5.80 Mil) to Dec. 2023 ($45.04 Mil).


Nuveen Core Equity Alpha Fund Retained Earnings Historical Data

The historical data trend for Nuveen Core Equity Alpha 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.

Nuveen Core Equity Alpha Fund Retained Earnings Chart

Nuveen Core Equity Alpha Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 48.94 51.95 85.89 5.80 45.04

Nuveen Core Equity Alpha Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.89 24.62 5.80 24.68 45.04

Nuveen Core Equity Alpha 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 Core Equity Alpha Fund  (NYSE:JCE) 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 Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to provide an attractive level of total return, through long-term capital appreciation and through income and gains. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Pei Hsiang Chen other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Maxim Kozlov other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169
Huffman William T. Jr. officer: President of NAM, LLC C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606

Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Headlines

From GuruFocus

Nuveen Core Equity Alpha Fund Announces Update

By Business Wire Business Wire 06-27-2020

Nuveen Core Equity Alpha Fund Declares Distribution

By Business Wire Business Wire 10-08-2021