GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Ltd Duration Income Fund (AMEX:EVV) » Definitions » Net Interest Margin (Bank Only) %

Eaton Vance Durationome Fund (Eaton Vance Durationome Fund) Net Interest Margin (Bank Only) % : 2,150.35% (As of Sep. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Eaton Vance Durationome 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. Eaton Vance Durationome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was $105.0 Mil. Eaton Vance Durationome Fund's average earning assets for the quarter that ended in Sep. 2023 was $4.9 Mil. Therefore, Eaton Vance Durationome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was 2,150.35%.


Eaton Vance Durationome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Eaton Vance Durationome 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.

Eaton Vance Durationome Fund Net Interest Margin (Bank Only) % Chart

Eaton Vance Durationome Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,980.22 1,169.27 998.19 1,016.61 1,597.94

Eaton Vance Durationome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Interest Margin (Bank Only) % 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 Premium Member Only 973.39 1,149.71 1,353.13 1,909.96 2,150.35

Competitive Comparison of Eaton Vance Durationome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Eaton Vance Durationome 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.


Eaton Vance Durationome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance Durationome Fund's Net Interest Margin (Bank Only) % falls into.



Eaton Vance Durationome 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).

Eaton Vance Durationome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2022 ) + Earning Assets (A: Mar. 2023 ))/ count )
=94.606/( (7.048 + 4.793)/ 2 )
=94.606/5.9205
=1,597.94 %

where

Earning Assets(A: Mar. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=7.048 + 0 + 0
=7.048

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=4.793 + 0 + 0
=4.793

Eaton Vance Durationome 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 )
=105.034/( (4.793 + 4.976)/ 2 )
=105.034/4.8845
=2,150.35 %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=4.793 + 0 + 0
=4.793

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=4.976 + 0 + 0
=4.976

* 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.


Eaton Vance Durationome Fund  (AMEX:EVV) 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.


Eaton Vance Durationome Fund Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Eaton Vance Durationome Fund's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Durationome Fund (Eaton Vance Durationome Fund) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Ltd Duration Income Fund is a diversified closed-end management investment company. The company's investment objective is to provide a high level of current income. The Fund may, as a secondary objective, also seek capital appreciation. The Fund invests primarily in Senior Floating-Rate Loans, Debt Obligations, Equity Securities, Derivatives as well as Foreign Securities and Currencies. The Fund invests in various industries, including aerospace and defense, automotive, building and development, healthcare, leisure amongst others.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Tara O'brien other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
S Donald Sussman 10 percent owner 888 EAST LAS OLAS BLVD, SUITE 710, FORT LAUDERDALE FL 33301
Paloma International L P 10 percent owner TWO AMERICAN LANE, GREENWICH CT 06836
Paloma Partners Management Co 10 percent owner TWO AMERICAN LANE, GREENWICH CT 06836
Paloma Partners Advisors, Inc. 10 percent owner 888 EAST LAS OLAS BLVD., SUITE 710, FORT LAUDERDALE FL 33301
Sunrise Partners Limited Partnership 10 percent owner TWO AMERICAN LANE, GREENWICH CT 06836-2571
Paloma Partners Advisors Lp 10 percent owner 888 E. LAS OLAS BLVD. SUITE 710, FORT LAUDERDALE FL 33301
Gregory S. Hayt 10 percent owner 2 AMERICAN LANE, GREENWICH CT 06836
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110