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Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) Effective Interest Rate on Debt % : 0.00% (As of Aug. 2023)


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What is Nuveen NY Select Tax-Freeome Port Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Nuveen NY Select Tax-Freeome Port's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $0.00 Mil. Nuveen NY Select Tax-Freeome Port's average total debt for the quarter that ended in Aug. 2023 was $0.67 Mil. Therefore, Nuveen NY Select Tax-Freeome Port's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 0.00%.


Nuveen NY Select Tax-Freeome Port Effective Interest Rate on Debt % Historical Data

The historical data trend for Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt % 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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Nuveen NY Select Tax-Freeome Port Effective Interest Rate on Debt % Chart

Nuveen NY Select Tax-Freeome Port Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23
Effective Interest Rate on Debt %
- - - - -

Nuveen NY Select Tax-Freeome Port Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Aug22 Feb23 Aug23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt %

For the Asset Management subindustry, Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nuveen NY Select Tax-Freeome Port's Effective Interest Rate on Debt % falls into.



Nuveen NY Select Tax-Freeome Port Effective Interest Rate on Debt % Calculation

Nuveen NY Select Tax-Freeome Port's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Feb. 2023 ))/ count )
=-1  *  0/( (0+0.665)/ 1 )
=-1  *  0/0.665
=0.00 %

where

Nuveen NY Select Tax-Freeome Port's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2023 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  0/( (0.665+0)/ 1 )
=-1  *  0/0.665
=0.00 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nuveen NY Select Tax-Freeome Port  (NYSE:NXN) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Nuveen NY Select Tax-Freeome Port Effective Interest Rate on Debt % Related Terms

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Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NY Select Tax-Free Income Port is a diversified closed-end management investment company. Its investment objective is to provide stable dividends exempt from regular federal income tax, as well as New York State and New York City personal income tax, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vicen President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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