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NMAI (Nuveen Multi-Assetome Fund) Retained Earnings : $-11.52 Mil (As of Jun. 2024)


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What is Nuveen Multi-Assetome Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuveen Multi-Assetome Fund's retained earnings for the quarter that ended in Jun. 2024 was $-11.52 Mil.

Nuveen Multi-Assetome Fund's quarterly retained earnings increased from Jun. 2023 ($-29.80 Mil) to Dec. 2023 ($-4.39 Mil) but then declined from Dec. 2023 ($-4.39 Mil) to Jun. 2024 ($-11.52 Mil).

Nuveen Multi-Assetome Fund's annual retained earnings declined from Dec. 2021 ($182.12 Mil) to Dec. 2022 ($-38.62 Mil) but then increased from Dec. 2022 ($-38.62 Mil) to Dec. 2023 ($-4.39 Mil).


Nuveen Multi-Assetome Fund Retained Earnings Historical Data

The historical data trend for Nuveen Multi-Assetome 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.

Nuveen Multi-Assetome Fund Retained Earnings Chart

Nuveen Multi-Assetome Fund Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
182.12 -38.62 -4.39

Nuveen Multi-Assetome Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings 19.50 -38.62 -29.80 -4.39 -11.52

Nuveen Multi-Assetome 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.


Nuveen Multi-Assetome Fund  (NYSE:NMAI) 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 Multi-Assetome Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The funds have investment objectives that focus on the pursuit of total return, comprised of income or distributions and capital appreciation.
Executives
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
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Huffman William T. Jr. officer: President NAM C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Nathan Shetty other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Dugar Anurag other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
William Curt Hunter other: Trustee