Blackrock Munivest Fund II (Blackrock Munivest Fund II) Retained Earnings : $-23.57 Mil (As of Jan. 2024)

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What is Blackrock Munivest Fund II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blackrock Munivest Fund II's retained earnings for the quarter that ended in Jan. 2024 was $-23.57 Mil.

Blackrock Munivest Fund II's quarterly retained earnings declined from Jan. 2023 ($-22.92 Mil) to Jul. 2023 ($-25.43 Mil) but then increased from Jul. 2023 ($-25.43 Mil) to Jan. 2024 ($-23.57 Mil).

Blackrock Munivest Fund II's annual retained earnings declined from Apr. 2021 ($42.94 Mil) to Apr. 2022 ($-14.60 Mil) and declined from Apr. 2022 ($-14.60 Mil) to Jul. 2023 ($-25.43 Mil).

Blackrock Munivest Fund II Retained Earnings Historical Data

The historical data trend for Blackrock Munivest Fund II'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.

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Blackrock Munivest Fund II Retained Earnings Chart

Blackrock Munivest Fund II Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Jul23

Retained Earnings

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27.45

0.26

42.94

-14.60

-25.43

Blackrock Munivest Fund II Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Jan23	Jul23	Jan24
Retained Earnings	Get a 7-Day Free Trial								36.45	-14.60	-22.92	-25.43	-23.57

Blackrock Munivest Fund II 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 Munivest Fund II (NYSE:MVT) 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 Munivest Fund II (Blackrock Munivest Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Munivest Fund II Inc (NYSE:MVT) » Definitions » Retained Earnings

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Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Munivest Fund II Inc is a closed-end management investment company. The fund's objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in Transportation, Health, Utilities, Education, Housing, and other sectors.

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
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Michael J Castellano	director	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
J.p. Morgan Taxable Putters/taxable Drivers, Series T0005 Trust	10 percent owner	C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809