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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Scaled Net Operating Assets : 0.99 (As of Oct. 2020)


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What is DUFF & PHELPS UTILITYRPORATE BOND TRUST Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's operating assets for the quarter that ended in Oct. 2020 was $360.57 Mil. DUFF & PHELPS UTILITYRPORATE BOND TRUST's operating liabilities for the quarter that ended in Oct. 2020 was $0.35 Mil. DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets for the quarter that ended in Apr. 2020 was $364.36 Mil. Therefore, DUFF & PHELPS UTILITYRPORATE BOND TRUST's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2020 was 0.99.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2020 )
=(Operating Assets (A: Oct. 2020 )-Operating Liabilities (A: Oct. 2020 ))/Total Assets (A: Oct. 2019 )
=(360.567-0.34699999999999)/368.825
=0.98

where

Operating Assets(A: Oct. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=367.827 - 7.26
=360.567

Operating Liabilities(A: Oct. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105.347 - 105 - 0
=0.34699999999999

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2020 )
=(Operating Assets (Q: Oct. 2020 )-Operating Liabilities (Q: Oct. 2020 ))/Total Assets (Q: Apr. 2020 )
=(360.567-0.34699999999999)/364.359
=0.99

where

Operating Assets(Q: Oct. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=367.827 - 7.26
=360.567

Operating Liabilities(Q: Oct. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105.347 - 105 - 0
=0.34699999999999

* 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.

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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC (NYSE:DUC) » Definitions » Scaled Net Operating Assets
Comparable Companies
LSE:PHI LSE:RESI SGX:BLT ASX:CVC OCSI LSE:CMHY GGT TSE:8787 GLAD ASX:PL8 TPE:6024 XPAR:NEXTS XTER:MPCK ASX:TGG LSE:BMD TPVG LSE:RIII LSE:JMI BKK:BFIT OXLC
Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
Website
https://www.dpimc.com
DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC is a diversified, closed-end management investment company. Its investment objective is to seek high current income consistent with investing in securities of investment-grade quality.
Executives
George W Karpus other: See Explanation of Responses
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
William J Renahan officer: VP and Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Eileen A Moran director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Robert J Genetski director 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Daniel Petrisko officer: VP and CIO 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Michael A Angerthal other: Director of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Stewart E Conner director
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045