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Nuveen CA Municipal Value Fund 2 (Nuveen CA Municipal Value Fund 2) Retained Earnings : $7.09 Mil (As of Aug. 2020)


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What is Nuveen CA Municipal Value Fund 2 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuveen CA Municipal Value Fund 2's retained earnings for the quarter that ended in Aug. 2020 was $7.09 Mil.

Nuveen CA Municipal Value Fund 2's quarterly retained earnings increased from Aug. 2019 ($7.72 Mil) to Feb. 2020 ($8.55 Mil) but then declined from Feb. 2020 ($8.55 Mil) to Aug. 2020 ($7.09 Mil).

Nuveen CA Municipal Value Fund 2's annual retained earnings increased from Feb. 2018 ($0.15 Mil) to Feb. 2019 ($4.40 Mil) and increased from Feb. 2019 ($4.40 Mil) to Feb. 2020 ($8.55 Mil).


Nuveen CA Municipal Value Fund 2 Retained Earnings Historical Data

The historical data trend for Nuveen CA Municipal Value Fund 2'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.

Nuveen CA Municipal Value Fund 2 Retained Earnings Chart

Nuveen CA Municipal Value Fund 2 Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.65 0.15 4.40 8.55

Nuveen CA Municipal Value Fund 2 Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 4.40 7.72 8.55 7.09

Nuveen CA Municipal Value Fund 2 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.


Nuveen CA Municipal Value Fund 2  (NYSE:NCB) 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.


Nuveen CA Municipal Value Fund 2 (Nuveen CA Municipal Value Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen CA Municipal Value Fund 2 is a fund company. Its investment objective is to provide current income exempt from both regular federal and California state income taxes, and in the case of California AMT-Free Income (NKX) the alternative minimum tax applicable to individuals, by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within the state of California or certain U.S. territories. The Fund's portfolio involves investment in Inverse Floating Rate Securities, Zero Coupon Securities, and Market and Counterparty Credit Risk derivatives.
Executives
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vicen President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Nuveen Fund Advisors, Llc other: Investment Adviser 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103

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