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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Total Assets : $367.83 Mil (As of Oct. 2020)


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What is DUFF & PHELPS UTILITYRPORATE BOND TRUST Total Assets?

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets for the quarter that ended in Oct. 2020 was $367.83 Mil.

Total Assets is connected with ROA %. DUFF & PHELPS UTILITYRPORATE BOND TRUST's annualized ROA % for the quarter that ended in Oct. 2020 was 6.42%. Total Assets is also linked to Revenue through Asset Turnover. DUFF & PHELPS UTILITYRPORATE BOND TRUST's Asset Turnover for the quarter that ended in Oct. 2020 was 0.03.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Total Assets Historical Data

The historical data trend for DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Total Assets Chart

DUFF & PHELPS UTILITYRPORATE BOND TRUST Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20
Total Assets
409.68 393.31 358.45 368.83 367.83

DUFF & PHELPS UTILITYRPORATE BOND TRUST Semi-Annual Data
Oct16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Total Assets Get a 7-Day Free Trial 358.45 362.27 368.83 364.36 367.83

DUFF & PHELPS UTILITYRPORATE BOND TRUST Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets for the fiscal year that ended in Oct. 2020 is calculated as

Total Assets=Total Equity (A: Oct. 2020 )+Total Liabilities (A: Oct. 2020 )
=262.48+105.347
=367.83

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets for the quarter that ended in Oct. 2020 is calculated as

Total Assets=Total Equity (Q: Oct. 2020 )+Total Liabilities (Q: Oct. 2020 )
=262.48+105.347
=367.83

* 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST  (NYSE:DUC) Total Assets Explanation

Total Assets is connected with ROA %.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's annualized ROA % for the quarter that ended in Oct. 2020 is

ROA %=Net Income (Q: Oct. 2020 )/( (Total Assets (Q: Apr. 2020 )+Total Assets (Q: Oct. 2020 ))/ count )
=23.486/( (364.359+367.827)/ 2 )
=23.486/366.093
=6.42 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2020) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Asset Turnover for the quarter that ended in Oct. 2020 is

Asset Turnover
=Revenue (Q: Oct. 2020 )/( (Total Assets (Q: Apr. 2020 )+Total Assets (Q: Oct. 2020 ))/ count )
=12.194/( (364.359+367.827)/ 2 )
=12.194/366.093
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Total Assets Related Terms

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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 » Total 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