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Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Effective Interest Rate on Debt %

: 37.90% (As of Jan. 2024)
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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. Blackrock Municipalome Trust II's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $14.61 Mil. Blackrock Municipalome Trust II's average total debt for the quarter that ended in Jan. 2024 was $38.54 Mil. Therefore, Blackrock Municipalome Trust II's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 37.90%.


Blackrock Municipalome Trust II Effective Interest Rate on Debt % Historical Data

The historical data trend for Blackrock Municipalome Trust II'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.

* Premium members only.

Blackrock Municipalome Trust II Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,186.32 - 1,260.93 1,025.81 18,302.56

Blackrock Municipalome Trust II Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only - - 19.37 44.97 37.90

Competitive Comparison

For the Asset Management subindustry, Blackrock Municipalome Trust II'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.


Blackrock Municipalome Trust II Effective Interest Rate on Debt % Distribution

For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Blackrock Municipalome Trust II's Effective Interest Rate on Debt % falls into.



Blackrock Municipalome Trust II Effective Interest Rate on Debt % Calculation

Blackrock Municipalome Trust II's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2021 )+Total Debt  (A: Jul. 2023 ))/ count )
=-1  *  -14.276/( (0+0.078)/ 1 )
=-1  *  -14.276/0.078
=18,302.56 %

where

Blackrock Municipalome Trust II's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -14.608/( (0.078+77.009)/ 2 )
=-1  *  -14.608/38.5435
=37.90 %

where

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=77.009 + 0
=77.009

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Blackrock Municipalome Trust II  (NYSE:BLE) Effective Interest Rate on Debt % Explanation

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


Blackrock Municipalome Trust II Effective Interest Rate on Debt % Related Terms

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Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020

Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Headlines

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