GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reaves Utility Income Fund (AMEX:UTG) » Definitions » 3-Year RORE %

Reaves Utilityome Fund (Reaves Utilityome Fund) 3-Year RORE % : 85.44% (As of Oct. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Reaves Utilityome 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. Reaves Utilityome Fund's 3-Year RORE % for the quarter that ended in Oct. 2023 was 85.44%.

The industry rank for Reaves Utilityome Fund's 3-Year RORE % or its related term are showing as below:

UTG's 3-Year RORE % is ranked better than
80.94% of 1532 companies
in the Asset Management industry
Industry Median: 1.345 vs UTG: 85.44

Reaves Utilityome Fund 3-Year RORE % Historical Data

The historical data trend for Reaves Utilityome 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.

Reaves Utilityome Fund 3-Year RORE % Chart

Reaves Utilityome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.46 168.09 -192.49 -8.18 85.44

Reaves Utilityome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -192.49 -229.16 -8.18 1,057.30 85.44

Competitive Comparison of Reaves Utilityome Fund's 3-Year RORE %

For the Asset Management subindustry, Reaves Utilityome 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.


Reaves Utilityome Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Reaves Utilityome Fund's 3-Year RORE % falls into.



Reaves Utilityome Fund 3-Year RORE % Calculation

Reaves Utilityome Fund'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 )
=( -0.9-4.477 )/( 0.477-6.77 )
=-5.377/-6.293
=85.44 %

* 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.


Reaves Utilityome Fund  (AMEX:UTG) 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.


Reaves Utilityome Fund 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Reaves Utilityome Fund's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reaves Utilityome Fund (Reaves Utilityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1230, Denver, CO, USA, 80290
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
Executives
Thomas Michael Grimes other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Reaves W H & Co Inc other: Officer of Investment Advisor REAVES W H & CO INC, 10 EXCHANGE PLACE, JERSEY CITY NJ 07302
Rhame Joseph Burns Iii other: Officer of Investment Advisor C/O W.H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennell Panella officer: Treasurer 1250 BROADWAY, SUITE 1000, DENVER CO 80203
Thomas W Harmke officer: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Sareena Khwaja-dixon officer: Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Louis Francisco Cimino other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Wilhelm Rowland Otto Jr other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FL., JERSEY CITY NJ 07302
Ronald James Sorenson other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Jeremy O May director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Brian Wallace Weeks other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
William Avrum Ferer other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302

Reaves Utilityome Fund (Reaves Utilityome Fund) Headlines

From GuruFocus

REAVES UTILITY INCOME FUND SECTION 19(a) NOTICE

By PRNewswire PRNewswire 07-10-2022

Reaves Utility Income Fund Section 19(a) Notice

By ACCESSWIRE ACCESSWIRE 01-17-2023

REAVES UTILITY INCOME FUND SECTION 19(a) NOTICE

By PRNewswire PRNewswire 08-31-2022

Reaves Utility Income Fund Section 19(a) Notice

By ACCESSWIRE ACCESSWIRE 05-31-2023

Reaves Utility Income Fund's Dividend Analysis

By GuruFocus Research 10-18-2023