Pcm Fund (Pcm Fund) Retained Earnings : $-33.45 Mil (As of Dec. 2023)

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What is Pcm Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pcm Fund's retained earnings for the quarter that ended in Dec. 2023 was $-33.45 Mil.

Pcm Fund's quarterly retained earnings declined from Dec. 2022 ($-30.16 Mil) to Jun. 2023 ($-30.63 Mil) and declined from Jun. 2023 ($-30.63 Mil) to Dec. 2023 ($-33.45 Mil).

Pcm Fund's annual retained earnings declined from Jun. 2021 ($-0.62 Mil) to Jun. 2022 ($-21.88 Mil) and declined from Jun. 2022 ($-21.88 Mil) to Jun. 2023 ($-30.63 Mil).

Pcm Fund Retained Earnings Historical Data

The historical data trend for Pcm 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.

Pcm Fund Retained Earnings Chart

Pcm Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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7.18

-12.69

-0.62

-21.88

-30.63

Pcm 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								-1.61	-21.88	-30.16	-30.63	-33.45

Pcm 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.

Pcm Fund (NYSE:PCM) 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.

Pcm Fund (Pcm Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pcm Fund Inc (NYSE:PCM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.pimco.com

Pcm Fund Inc is a closed-end investment management company. Its investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests in agency-guaranteed mortgage-backed securities, private-label mortgage-backed securities, high-yield corporate debt securities, and commercial mortgage-backed securities.

Executives

Giang Huong Bui	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Maria Marchenko Golota	officer: ASSISTANT TREASURER	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner	other: SEE REMARKS	650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill	officer: Vice President	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee	officer: Vice President	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney	director	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic	officer: Vice President	C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Grace Vandecruze	director	125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Nadia Zakir	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

Pcm Fund (Pcm Fund) Headlines

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