BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND (BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND) Retained Earnings : $7.33 Mil (As of Jan. 2020)

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What is BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND's retained earnings for the quarter that ended in Jan. 2020 was $7.33 Mil.

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND's quarterly retained earnings increased from Jan. 2019 ($3.16 Mil) to Jul. 2019 ($6.17 Mil) and increased from Jul. 2019 ($6.17 Mil) to Jan. 2020 ($7.33 Mil).

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND's annual retained earnings declined from Jul. 2017 ($0.34 Mil) to Jul. 2018 ($0.24 Mil) but then increased from Jul. 2018 ($0.24 Mil) to Jul. 2019 ($6.17 Mil).

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND Retained Earnings Historical Data

The historical data trend for BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION 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 MUNI NEW YORK INTERMEDIATE DURATION FUND Retained Earnings Chart

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND Annual Data

Trend

Jul17

Jul18

Jul19

Retained Earnings

0.34

0.24

6.17

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20
Retained Earnings	Get a 7-Day Free Trial			0.33	0.24	3.16	6.17	7.33

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION 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 MUNI NEW YORK INTERMEDIATE DURATION FUND (NYSE:MNE) 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 MUNI NEW YORK INTERMEDIATE DURATION FUND (BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND (NYSE:MNE) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC. is a closed-end management investment company. Its investment objective to provide shareholders with high current income exempt from federal income tax and New York State and New York City personal income taxes.

Executives

Banc Of America Preferred Funding Corp	10 percent owner	214 NORTH TRYON STREET, CHARLOTTE NC 28255
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Stanley Morgan	10 percent owner	1585 BROADWAY, NEW YORK NY 10036

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