XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Retained Earnings : $-52.66 Mil (As of Sep. 2023)

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What is XAI Octagon Floating Rate & Alternativeome Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. XAI Octagon Floating Rate & Alternativeome Trust's retained earnings for the quarter that ended in Sep. 2023 was $-52.66 Mil.

XAI Octagon Floating Rate & Alternativeome Trust's quarterly retained earnings declined from Sep. 2022 ($-62.40 Mil) to Mar. 2023 ($-65.10 Mil) but then increased from Mar. 2023 ($-65.10 Mil) to Sep. 2023 ($-52.66 Mil).

XAI Octagon Floating Rate & Alternativeome Trust's annual retained earnings declined from Sep. 2021 ($0.75 Mil) to Sep. 2022 ($-62.40 Mil) but then increased from Sep. 2022 ($-62.40 Mil) to Sep. 2023 ($-52.66 Mil).

XAI Octagon Floating Rate & Alternativeome Trust Retained Earnings Historical Data

The historical data trend for XAI Octagon Floating Rate & Alternativeome 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.

* Premium members only.

XAI Octagon Floating Rate & Alternativeome Trust Retained Earnings Chart

XAI Octagon Floating Rate & Alternativeome Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-10.87

-28.49

0.75

-62.40

-52.66

XAI Octagon Floating Rate & Alternativeome Trust Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial							0.75	-20.95	-62.40	-65.10	-52.66

XAI Octagon Floating Rate & Alternativeome 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.

XAI Octagon Floating Rate & Alternativeome Trust (NYSE:XFLT) 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.

XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654

Website

https://www.xainvestments.com

XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.

Executives

Theodore J Brombach	officer: President & CEO, other: Interested Trustee	321 N. CLARK STREET, CHICAGO IL 60054
John Yogi Spence	officer: CFO & Treasurer	321 N. CLARK STREET, CHICAGO IL 60054
Randi Jean Roessler	officer: Chief Compliance Officer	C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Benjamin Mcculloch	officer: Secretary & CLO	321 NORTH CLARK STREET, SUITE 2430, CHICAGO IL 60654
John P Mcgarrity	officer: Chief Legal & Secretary	321 N. CLARK STREET, CHICAGO IL 60054
Eagle Point Credit Management Llc	10 percent owner	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Ep Dif Cayman I Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Core Income Fund Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Cif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Sean Michael Gleason	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Philip G Franklin	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Andrew David Gordon	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Scott C Jones	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Maegan Gallagher Boger	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177