Redwood Monthlyome Fund (TSX:VIP.UN) Tax Rate %: 0.00% (As of Dec. 2017)


What is Redwood Monthlyome Fund Tax Rate %?

Redwood Monthlyome Fund TSX:VIP.UN Tax Rate % is 0.00% as of Dec. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Redwood Monthlyome Fund's Tax Expense for the six months ended in Dec. 2017 was C$0.00 Mil. Redwood Monthlyome Fund's Pre-Tax Income for the six months ended in Dec. 2017 was C$7.30 Mil. Therefore, Redwood Monthlyome Fund's Tax Rate % for the quarter that ended in Dec. 2017 was 0.00%.

Redwood Monthlyome Fund Tax Rate % Related Terms

Redwood Monthlyome Fund Tax Rate % Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome Fund's Tax Rate % 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.

Redwood Monthlyome Fund Tax Rate % Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00

Redwood Monthlyome Fund Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Redwood Monthlyome Fund's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2017 )/Pre-Tax Income (A: Dec. 2017 )
=0/11.658
=0.00 %

Redwood Monthlyome Fund's Tax Rate % for the quarter that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2017 )/Pre-Tax Income (Q: Dec. 2017 )
=0/7.298
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Redwood Monthlyome Fund (TSX:VIP.UN) has a Tax Rate % of 0.00% as of Dec. 2017.
Is Redwood Monthlyome Fund's Tax Rate % too high?
Redwood Monthlyome Fund's current Tax Rate % is 0.00%.
How does Redwood Monthlyome Fund's Tax Rate % compare to MDLY and GARS?
Redwood Monthlyome Fund's Tax Rate % of 0.00% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Redwood Monthlyome Fund's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (TSX:VIP.UN) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Redwood Monthlyome Fund (TSX:VIP.UN), the current Tax Rate % is 0.00% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.