GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO Dynamic Income Fund (NYSE:PDI) » Definitions » Return-on-Tangible-Equity

PDI (PIMCO Dynamicome Fund) Return-on-Tangible-Equity : 16.16% (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is PIMCO Dynamicome Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PIMCO Dynamicome Fund's annualized net income for the quarter that ended in Dec. 2024 was $917.0 Mil. PIMCO Dynamicome Fund's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $5,674.0 Mil. Therefore, PIMCO Dynamicome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 16.16%.

The historical rank and industry rank for PIMCO Dynamicome Fund's Return-on-Tangible-Equity or its related term are showing as below:

PDI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.62   Med: 8.53   Max: 21.12
Current: 12.83

During the past 11 years, PIMCO Dynamicome Fund's highest Return-on-Tangible-Equity was 21.12%. The lowest was -22.62%. And the median was 8.53%.

PDI's Return-on-Tangible-Equity is ranked better than
65.22% of 1636 companies
in the Asset Management industry
Industry Median: 8.345 vs PDI: 12.83

PIMCO Dynamicome Fund Return-on-Tangible-Equity Historical Data

The historical data trend for PIMCO Dynamicome Fund's Return-on-Tangible-Equity 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.

PIMCO Dynamicome Fund Return-on-Tangible-Equity Chart

PIMCO Dynamicome Fund Annual Data
Trend Mar15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.49 21.12 -22.62 3.64 11.40

PIMCO Dynamicome Fund Semi-Annual Data
Mar15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity 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 -1.26 8.65 13.78 9.27 16.16

Competitive Comparison of PIMCO Dynamicome Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, PIMCO Dynamicome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PIMCO Dynamicome Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCO Dynamicome Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PIMCO Dynamicome Fund's Return-on-Tangible-Equity falls into.


;
;

PIMCO Dynamicome Fund Return-on-Tangible-Equity Calculation

PIMCO Dynamicome Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=563.47/( (4578.482+5303.316 )/ 2 )
=563.47/4940.899
=11.40 %

PIMCO Dynamicome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=917.016/( (5303.316+6044.601)/ 2 )
=917.016/5673.9585
=16.16 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PIMCO Dynamicome Fund  (NYSE:PDI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


PIMCO Dynamicome Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PIMCO Dynamicome Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCO Dynamicome Fund Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Dynamic Income Fund is a United States-based closed-end management investment company. The fund's investment objective is to seek current income. Its secondary objective is to seek capital appreciation. The fund invests world-wide in a portfolio of debt obligations and other income-producing securities with varying maturities and related derivative instruments. Its investments include mortgage-backed securities, investment grade, and high-yield corporates, corporate and sovereign bonds, other income-producing securities, and related derivative instruments.
Executives
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Fisher David Nichols Iii director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Thibault Christian Stracke other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Grace Vandecruze director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144

PIMCO Dynamicome Fund Headlines

From GuruFocus

PIMCO Dynamic Income Fund's Dividend Analysis

By GuruFocus Research 06-13-2024

PIMCO Dynamic Income Fund's Dividend Analysis

By GuruFocus Research 12-08-2023

PIMCO Dynamic Income Fund's Dividend Analysis

By GuruFocus Research 01-10-2024

SOL Capital Management CO Buys 4, Sells 1 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 07-21-2022

PIMCO Dynamic Income Fund's Dividend Analysis

By GuruFocus Research 10-11-2023