BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Retained Earnings : $-51.84 Mil (As of Jan. 2024)

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What is BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s retained earnings for the quarter that ended in Jan. 2024 was $-51.84 Mil.

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s quarterly retained earnings declined from Jan. 2023 ($-49.45 Mil) to Jul. 2023 ($-54.18 Mil) but then increased from Jul. 2023 ($-54.18 Mil) to Jan. 2024 ($-51.84 Mil).

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s annual retained earnings increased from Aug. 2020 ($31.89 Mil) to Aug. 2021 ($40.79 Mil) but then declined from Aug. 2021 ($40.79 Mil) to Jul. 2023 ($-54.18 Mil).

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Retained Earnings Historical Data

The historical data trend for BLACKROCK MUNIHOLDINGS NEW YORK QUALITY 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.

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Retained Earnings Chart

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Jul23

Retained Earnings

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1.08

43.92

31.89

40.79

-54.18

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Jan23	Jul23	Jan24
Retained Earnings	Get a 7-Day Free Trial								40.79	5.99	-49.45	-54.18	-51.84

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY 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.

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (NYSE:MHN) 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.

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. (NYSE:MHN) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. is a closed-end management investment company. The fund's investment objective is to provide shareholders with current income exempt from federal income tax and New York State and New York City personal income taxes.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago	other: Portfolio Manager	1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212