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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Net Interest Margin (Bank Only) % : N/A% (As of Sep. 2023)


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What is Ellsworth Growth andome Fund Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Ellsworth Growth andome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was $4.70 Mil. Ellsworth Growth andome Fund's average earning assets for the quarter that ended in Sep. 2023 was $0.00 Mil. Therefore, Ellsworth Growth andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was N/A%.


Ellsworth Growth andome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) % 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.

Ellsworth Growth andome Fund Net Interest Margin (Bank Only) % Chart

Ellsworth Growth andome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
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Ellsworth Growth andome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Ellsworth Growth andome Fund's Net Interest Margin (Bank Only) % falls into.



Ellsworth Growth andome Fund Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Ellsworth Growth andome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=4.255/( (0 + 0)/ 1 )
=4.255/0
=N/A %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Ellsworth Growth andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2023 ) + Earning Assets (Q: Sep. 2023 ))/ count )
=4.696/( (0 + 0)/ 1 )
=4.696/0
=N/A %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Sep. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Ellsworth Growth andome Fund  (AMEX:ECF) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Ellsworth Growth andome Fund Net Interest Margin (Bank Only) % Related Terms

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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.
Executives
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
James P Conn director
Gary I Levine other: former Exec. VP and CFO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Nicolas W Platt director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVENUE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Davis Dinsmore Management Co/nj other: Investment Adviser 65 MADISON AVE, SUITE 550, MORRISTOWN NJ 07960
Thomas H Dinsmore director, officer: Chairman of the Board C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960

Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Headlines