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Blackrock Muniholdings Investment Quality Fund (Blackrock Muniholdings Investment Quality Fund) Net Interest Margin (Bank Only) % : 4,415.06% (As of Aug. 2021)


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What is Blackrock Muniholdings Investment 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 Investment Quality Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Aug. 2021 was $27.55 Mil. Blackrock Muniholdings Investment Quality Fund's average earning assets for the quarter that ended in Aug. 2021 was $0.62 Mil. Therefore, Blackrock Muniholdings Investment Quality Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2021 was 4,415.06%.


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

The historical data trend for Blackrock Muniholdings Investment 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 Investment Quality Fund Net Interest Margin (Bank Only) % Chart

Blackrock Muniholdings Investment Quality Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21
Net Interest Margin (Bank Only) %
4,174.01 5,174.41 5,538.96 4,582.90 4,511.70

Blackrock Muniholdings Investment Quality Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only 3,941.48 4,203.64 3,877.49 - 4,415.06

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

For the Asset Management subindustry, Blackrock Muniholdings Investment 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 Investment 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 Investment Quality Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Blackrock Muniholdings Investment 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 Investment Quality Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Aug. 2021 is calculated as

Net Interest Margin (Bank Only) %(A: Aug. 2021 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Aug. 2020 ) + Earning Assets (A: Aug. 2021 ))/ count )
=28.153/( (0 + 0.624)/ 1 )
=28.153/0.624
=4,511.70 %

where

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

Earning Assets(A: Aug. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0.624 + 0 + 0
=0.624

Blackrock Muniholdings Investment Quality Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2021 is calculated as

Net Interest Margin (Bank Only) %(Q: Aug. 2021 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Feb. 2021 ) + Earning Assets (Q: Aug. 2021 ))/ count )
=27.55/( (0 + 0.624)/ 1 )
=27.55/0.624
=4,415.06 %

where

Earning Assets(Q: Feb. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Aug. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0.624 + 0 + 0
=0.624

* 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 (Aug. 2021) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Blackrock Muniholdings Investment Quality Fund  (NYSE:MFL) 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 Investment Quality Fund Net Interest Margin (Bank Only) % Related Terms

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

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniholdings Investment Quality Fund is a non-diversified perpetual closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from regular Federal income tax. The Fund invests primarily in a portfolio of long-term, investment grade municipal obligations.
Executives
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Peter Hayes other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
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
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255