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Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) 3-Year RORE % : -60.61% (As of Mar. 2023)


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What is Center Coast Brookfield MLP & Energy Infrastructure Fund 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. Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % for the quarter that ended in Mar. 2023 was -60.61%.

The industry rank for Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % or its related term are showing as below:

CEN's 3-Year RORE % is not ranked
in the Asset Management industry.
Industry Median: 1.345 vs CEN: -60.61

Center Coast Brookfield MLP & Energy Infrastructure Fund 3-Year RORE % Historical Data

The historical data trend for Center Coast Brookfield MLP & Energy Infrastructure Fund'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.

Center Coast Brookfield MLP & Energy Infrastructure Fund 3-Year RORE % Chart

Center Coast Brookfield MLP & Energy Infrastructure Fund Annual Data
Trend Nov17 Sep19 Sep20 Sep21 Sep22
3-Year RORE %
- - - -24.21 -109.26

Center Coast Brookfield MLP & Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -24.21 -108.23 -109.26 -60.61

Competitive Comparison of Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE %

For the Asset Management subindustry, Center Coast Brookfield MLP & Energy Infrastructure Fund'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.


Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % falls into.



Center Coast Brookfield MLP & Energy Infrastructure Fund 3-Year RORE % Calculation

Center Coast Brookfield MLP & Energy Infrastructure Fund's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 0.027-5.85 )/( 12.307-2.7 )
=-5.823/9.607
=-60.61 %

* 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 Mar. 2023 and 3-year before.


Center Coast Brookfield MLP & Energy Infrastructure Fund  (NYSE:CEN) 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.


Center Coast Brookfield MLP & Energy Infrastructure Fund 3-Year RORE % Related Terms

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Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, Brookfield Place, New York, NY, USA, 10281-1023
Center Coast Brookfield MLP & Energy Infrastructure Fund is a closed-end management investment company. Its fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. It invests primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Craig Ruckman officer: Fund's Secretary 1633 BROADWAY, NEW YORK NY 10019
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Thomas Shawn Miller other: Adviser's Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Joseph Edward Herman other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Boran Buturovic other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Brookfield Investment Management Inc. other: Fund's Adviser BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Edward A Kuczmarski director C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Mohamed Rasul officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Thomas Doyle Peeney officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Jeffrey Allyn Jorgensen other: Fund's Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281

Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Headlines