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Eaton Vance MA Muniome Trust (Eaton Vance MA Muniome Trust) Effective Interest Rate on Debt % : 22.53% (As of May. 2018)


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What is Eaton Vance MA Muniome Trust 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. Eaton Vance MA Muniome Trust's annualized positive value of Interest Expense for the quarter that ended in May. 2018 was $0.58 Mil. Eaton Vance MA Muniome Trust's average total debt for the quarter that ended in May. 2018 was $2.56 Mil. Therefore, Eaton Vance MA Muniome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 was 22.53%.


Eaton Vance MA Muniome Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Eaton Vance MA Muniome Trust'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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Eaton Vance MA Muniome Trust Effective Interest Rate on Debt % Chart

Eaton Vance MA Muniome Trust Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.75 0.65 0.75 14.31 31.58

Eaton Vance MA Muniome Trust Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 9.09 19.53 31.15 49.95 22.53

Competitive Comparison of Eaton Vance MA Muniome Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, Eaton Vance MA Muniome Trust'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.


Eaton Vance MA Muniome Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance MA Muniome Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Eaton Vance MA Muniome Trust's Effective Interest Rate on Debt % falls into.



Eaton Vance MA Muniome Trust Effective Interest Rate on Debt % Calculation

Eaton Vance MA Muniome Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2016 )+Total Debt  (A: Nov. 2017 ))/ count )
=-1  *  -0.447/( (1.915+0.916)/ 2 )
=-1  *  -0.447/1.4155
=31.58 %

where

Eaton Vance MA Muniome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2017 )+Total Debt  (Q: May. 2018 ))/ count )
=-1  *  -0.576/( (0.916+4.198)/ 2 )
=-1  *  -0.576/2.557
=22.53 %

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 (May. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Eaton Vance MA Muniome Trust  (AMEX:MMV) Effective Interest Rate on Debt % Explanation

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


Eaton Vance MA Muniome Trust Effective Interest Rate on Debt % Related Terms

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Eaton Vance MA Muniome Trust (Eaton Vance MA Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance MA Muni Income Trust is a non-diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The trust invests primarily in debt securities issued by Massachusetts municipalities. Its strategy is to invest mainly in investment grade bonds. The trust may use interest rate hedging to moderate performance on both the upside and the downside of the market as well as to enhance the performance of the portfolio. Eaton Vance Management acts as an investment adviser of the trust.
Executives
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110