Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Retained Earnings : $-4.85 Mil (As of Apr. 2018)

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

What is Advent/claymore Enhanced Growth &ome Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Advent/claymore Enhanced Growth &ome's retained earnings for the quarter that ended in Apr. 2018 was $-4.85 Mil.

Advent/claymore Enhanced Growth &ome's quarterly retained earnings increased from . 20 ($0.00 Mil) to Oct. 2017 ($-1.46 Mil) but then declined from Oct. 2017 ($-1.46 Mil) to Apr. 2018 ($-4.85 Mil).

Advent/claymore Enhanced Growth &ome's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Oct. 2017 ($-1.46 Mil).

Advent/claymore Enhanced Growth &ome Retained Earnings Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome'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.

Advent/claymore Enhanced Growth &ome Retained Earnings Chart

Advent/claymore Enhanced Growth &ome Annual Data

Trend

Oct17

Retained Earnings

-1.46

Advent/claymore Enhanced Growth &ome Semi-Annual Data
	Oct17	Apr18
Retained Earnings	-1.46	-4.85

Advent/claymore Enhanced Growth &ome 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.

Advent/claymore Enhanced Growth &ome (NYSE:LCM) 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.

Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent/claymore Enhanced Growth & Income (NYSE:LCM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.guggenheiminvestments.com

Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.

Executives

Tony Huang	officer: V.P. & Assistant Secretary	227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos	10 percent owner	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland	director, officer: Chairman, CEO & President, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko	other: Managing Director	1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk	officer: CCO & Secy	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz	officer: Chief Compliance Officer	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina	director, other: Trustee	ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen	other: Portfolio Manager	2455 CORPORATE WEST DRIVE, LISLE IL 60532

Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Headlines

No Headlines