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DWS Strategic Municipalome Trust (DWS Strategic Municipalome Trust) Retained Earnings : $-19.00 Mil (As of Nov. 2023)


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What is DWS Strategic Municipalome Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DWS Strategic Municipalome Trust's retained earnings for the quarter that ended in Nov. 2023 was $-19.00 Mil.

DWS Strategic Municipalome Trust's quarterly retained earnings increased from Nov. 2022 ($-19.09 Mil) to May. 2023 ($-18.62 Mil) but then declined from May. 2023 ($-18.62 Mil) to Nov. 2023 ($-19.00 Mil).

DWS Strategic Municipalome Trust's annual retained earnings declined from Nov. 2021 ($16.60 Mil) to Nov. 2022 ($-19.09 Mil) but then increased from Nov. 2022 ($-19.09 Mil) to Nov. 2023 ($-19.00 Mil).


DWS Strategic Municipalome Trust Retained Earnings Historical Data

The historical data trend for DWS Strategic Municipalome Trust's Retained Earnings 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.

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DWS Strategic Municipalome Trust Retained Earnings Chart

DWS Strategic Municipalome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial 15.15 14.03 16.60 -19.09 -19.00

DWS Strategic Municipalome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.60 -7.22 -19.09 -18.62 -19.00

DWS Strategic Municipalome Trust Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


DWS Strategic Municipalome Trust  (NYSE:KSM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


DWS Strategic Municipalome Trust (DWS Strategic Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
DWS Strategic Municipal Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax. It seeks to achieve its investment objective by investing in a portfolio of tax-exempt municipal securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mary S Daugherty director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
George Catrambone other: Director of Investment Adviser C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Richard J Herring director 345 PARK AVENUE, NEW YORK NY 10154
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Catherine Schrand director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Peter Aloisi other: Portfolio Manager C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154
Helen Delman other: Section 16 Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
John W Ballantine director C/O OAK BROOK BANK, 1400 SIXTEENTH ST, OAK BROOK IL 60523
Keith R Fox director 85 MERRIMAC STREET, BOSTON MA 02114
Ciara L. Crawford officer: Assistant Secretary C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 11752
Chad Farrington other: Portfolio Manager C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 10154