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Blackrock Muniholdings Quality Fund (Blackrock Muniholdings Quality Fund) Net Interest Margin (Bank Only) % : 4,939.05% (As of Oct. 2020)


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What is Blackrock Muniholdings Quality 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. Blackrock Muniholdings Quality Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2020 was $10.37 Mil. Blackrock Muniholdings Quality Fund's average earning assets for the quarter that ended in Oct. 2020 was $0.21 Mil. Therefore, Blackrock Muniholdings Quality Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2020 was 4,939.05%.


Blackrock Muniholdings Quality Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Blackrock Muniholdings Quality 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.

Blackrock Muniholdings Quality Fund Net Interest Margin (Bank Only) % Chart

Blackrock Muniholdings Quality Fund Annual Data
Trend Apr18 Apr19 Apr20
Net Interest Margin (Bank Only) %
11,514.74 5,665.24 3,852.36

Blackrock Muniholdings Quality Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial 10,237.04 5,448.32 4,993.10 8,055.65 4,939.05

Competitive Comparison of Blackrock Muniholdings Quality Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Blackrock Muniholdings Quality 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.


Blackrock Muniholdings Quality Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Muniholdings Quality Fund's Net Interest Margin (Bank Only) % falls into.



Blackrock Muniholdings Quality 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).

Blackrock Muniholdings Quality Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Apr. 2020 is calculated as

Net Interest Margin (Bank Only) %(A: Apr. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Apr. 2019 ) + Earning Assets (A: Apr. 2020 ))/ count )
=8.976/( (0.233 + 0)/ 1 )
=8.976/0.233
=3,852.36 %

where

Earning Assets(A: Apr. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=0.233 + 0 + 0
=0.233

Earning Assets(A: Apr. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Blackrock Muniholdings Quality Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Oct. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2020 ) + Earning Assets (Q: Oct. 2020 ))/ count )
=10.372/( (0 + 0.21)/ 1 )
=10.372/0.21
=4,939.05 %

where

Earning Assets(Q: Apr. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Oct. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0.21 + 0 + 0
=0.21

* 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 (Oct. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Blackrock Muniholdings Quality Fund  (NYSE:MUS) 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.


Blackrock Muniholdings Quality Fund Net Interest Margin (Bank Only) % Related Terms

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Blackrock Muniholdings Quality Fund (Blackrock Muniholdings Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniholdings Quality Fund Inc is a closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from federal income taxes. The fund seeks to achieve by investing in long-term, investment grade municipal obligations exempt from U.S. federal income taxes. It invests in Transportation, Health, Utilities, Education, Housing and other sectors.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Peter Hayes other: Officer of the Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240

Blackrock Muniholdings Quality Fund (Blackrock Muniholdings Quality Fund) Headlines