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BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) 3-Year RORE % : 30.83% (As of Oct. 2023)


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What is BlackRock Multi-Sectorome Trust 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. BlackRock Multi-Sectorome Trust's 3-Year RORE % for the quarter that ended in Oct. 2023 was 30.83%.

The industry rank for BlackRock Multi-Sectorome Trust's 3-Year RORE % or its related term are showing as below:

BIT's 3-Year RORE % is ranked better than
66.14% of 1533 companies
in the Asset Management industry
Industry Median: 1.22 vs BIT: 30.83

BlackRock Multi-Sectorome Trust 3-Year RORE % Historical Data

The historical data trend for BlackRock Multi-Sectorome Trust's 3-Year RORE % 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 Multi-Sectorome Trust 3-Year RORE % Chart

BlackRock Multi-Sectorome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
3-Year RORE %
Get a 7-Day Free Trial - - - -230.83 140.58

BlackRock Multi-Sectorome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -230.83 -54.72 140.58 - 30.83

Competitive Comparison of BlackRock Multi-Sectorome Trust's 3-Year RORE %

For the Asset Management subindustry, BlackRock Multi-Sectorome Trust's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


BlackRock Multi-Sectorome Trust's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Multi-Sectorome Trust's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where BlackRock Multi-Sectorome Trust's 3-Year RORE % falls into.



BlackRock Multi-Sectorome Trust 3-Year RORE % Calculation

BlackRock Multi-Sectorome Trust's 3-Year RORE % for the quarter that ended in Oct. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.6-1.8 )/( 0.56-4.452 )
=-1.2/-3.892
=30.83 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Oct. 2023 and 3-year before.


BlackRock Multi-Sectorome Trust  (NYSE:BIT) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


BlackRock Multi-Sectorome Trust 3-Year RORE % Related Terms

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BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Multi-Sector Income Trust is a closed-end investment management company. It invests on behalf of its clients. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in loan and debt instruments and other investments with similar economic characteristics. Its portfolio consists of Corporate Bonds, Asset-Backed Securities, Preferred Securities and others.
Executives
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
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
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
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Samir Lakhani other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Randy Robertson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212

BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Headlines

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