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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Net Interest Margin (Bank Only) % : N/A% (As of Nov. 2023)


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What is MainStay CBRE Global Infrastructure Megatrends 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. MainStay CBRE Global Infrastructure Megatrends Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2023 was $-15.39 Mil. MainStay CBRE Global Infrastructure Megatrends Fund's average earning assets for the quarter that ended in Nov. 2023 was $0.00 Mil. Therefore, MainStay CBRE Global Infrastructure Megatrends Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 was N/A%.


MainStay CBRE Global Infrastructure Megatrends Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund Net Interest Margin (Bank Only) % Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23
Net Interest Margin (Bank Only) %
- -

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
Nov22 May23 Nov23
Net Interest Margin (Bank Only) % - - -

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends 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.


MainStay CBRE Global Infrastructure Megatrends Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's Net Interest Margin (Bank Only) % falls into.



MainStay CBRE Global Infrastructure Megatrends 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).

MainStay CBRE Global Infrastructure Megatrends Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in May. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: May. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: May. 2022 ) + Earning Assets (A: May. 2023 ))/ count )
=-11.846/( (0 + 0)/ 1 )
=-11.846/0
=N/A %

where

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

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

MainStay CBRE Global Infrastructure Megatrends Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: May. 2023 ) + Earning Assets (Q: Nov. 2023 ))/ count )
=-15.392/( (0 + 0)/ 1 )
=-15.392/0
=N/A %

where

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

Earning Assets(Q: Nov. 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 (Nov. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


MainStay CBRE Global Infrastructure Megatrends Fund  (NYSE:MEGI) 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.


MainStay CBRE Global Infrastructure Megatrends Fund Net Interest Margin (Bank Only) % Related Terms

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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Business Description

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income.
Executives
Jacques P Perold director 51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith other: Portfolio Manager 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Jeremy Anagnos other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Naim Abou-jaoude other: CEO, NY LIFE INVEST MGMENT LLC 200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan other: Chairman & Interim CEO 230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic director 51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis officer: President 51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc other: Subadviser 555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw director 51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington officer: Vice President-Administration 169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010

MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Headlines

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