Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Retained Earnings : $-144.77 Mil (As of Oct. 2023)

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What is Pioneer Municipal Highome Opportunities Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pioneer Municipal Highome Opportunities Fund's retained earnings for the quarter that ended in Oct. 2023 was $-144.77 Mil.

Pioneer Municipal Highome Opportunities Fund's quarterly retained earnings increased from Oct. 2022 ($-148.00 Mil) to Apr. 2023 ($-123.14 Mil) but then declined from Apr. 2023 ($-123.14 Mil) to Oct. 2023 ($-144.77 Mil).

Pioneer Municipal Highome Opportunities Fund's annual retained earnings increased from . 20 ($0.00 Mil) to Apr. 2022 ($-90.57 Mil) but then declined from Apr. 2022 ($-90.57 Mil) to Apr. 2023 ($-123.14 Mil).

Pioneer Municipal Highome Opportunities Fund Retained Earnings Historical Data

The historical data trend for Pioneer Municipal Highome Opportunities 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.

Pioneer Municipal Highome Opportunities Fund Retained Earnings Chart

Pioneer Municipal Highome Opportunities Fund Annual Data

Trend

Apr22

Apr23

Retained Earnings

-90.57

-123.14

Pioneer Municipal Highome Opportunities Fund Quarterly Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Retained Earnings	-9.81	-90.57	-148.00	-123.14	-144.77

Pioneer Municipal Highome Opportunities 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.

Pioneer Municipal Highome Opportunities Fund (NYSE:MIO) 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.

Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Municipal High Income Opportunities Fund Inc. (NYSE:MIO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.amundi.com

Pioneer Municipal High Income Opportunities Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide holders of the Fund's common stock with a high level of current income exempt from regular federal income tax.

Executives

Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
Marguerite A Piret	other: Trustee	C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Koenig Anthony J Jr	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Michael Melnick	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
David Eurkus	other: Affiliated Person	PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Jonathan Chirunga	other: Affiliated Person	60 STATE STREET, BOSTON MA 02109
Craig C Mackay	other: Trustee	75 WEST 125TH STREET, NEW YORK NY 10027
Christopher J Kelley	officer: Secretary	C/O PIONEER INVESTMENT, 60 STATE ST, BOSTON MA 01109-1820
Luis I Presutti	officer: Assistant Treasurer
Gary Sullivan	officer: Assistant Treasurer	60 STAT STREET, C/OPIONEER INVESTMENT MANAGEMENT INC, BOSTON MA 02109
Amundi Asset Management Us, Inc.	other: Investment Adviser	60 STATE STREET, 5TH FLOOR, BOSTON MA 02109
Thomas J Perna	other: Trustee	89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Benjamin M Friedman	other: Trustee	C/O HARVARD UNIVERSITY, CAMBRIDGE MA 02138
Thomas J Reyes	officer: Assistant Secretary	60 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Kenneth Taubes	other: Trustee