GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Inflation-Linked Opportunities and Income Fund (NYSE:WIW) » Definitions » Effective Interest Rate on Debt %

Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Effective Interest Rate on Debt %

: 5.55% (As of Nov. 2023)
View and export this data going back to . Start your Free Trial

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. Western Asset Inflation-Linked Opportunities andome Fund's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was $21.00 Mil. Western Asset Inflation-Linked Opportunities andome Fund's average total debt for the quarter that ended in Nov. 2023 was $378.21 Mil. Therefore, Western Asset Inflation-Linked Opportunities andome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 5.55%.


Western Asset Inflation-Linked Opportunities andome Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for Western Asset Inflation-Linked Opportunities andome Fund'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.

Western Asset Inflation-Linked Opportunities andome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only 2.52 1.18 0.06 1.18 5.20

Western Asset Inflation-Linked Opportunities andome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 -0.22 0.45 1.88 4.84 5.55

Competitive Comparison

For the Asset Management subindustry, Western Asset Inflation-Linked Opportunities andome Fund'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.


Western Asset Inflation-Linked Opportunities andome Fund Effective Interest Rate on Debt % Distribution

For the Asset Management industry and Financial Services sector, Western Asset Inflation-Linked Opportunities andome Fund's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Western Asset Inflation-Linked Opportunities andome Fund's Effective Interest Rate on Debt % falls into.



Western Asset Inflation-Linked Opportunities andome Fund Effective Interest Rate on Debt % Calculation

Western Asset Inflation-Linked Opportunities andome Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2022 )+Total Debt  (A: Nov. 2023 ))/ count )
=-1  *  -19.823/( (387.731+374.252)/ 2 )
=-1  *  -19.823/380.9915
=5.20 %

where

Total Debt  (A: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=387.731 + 0
=387.731

Total Debt  (A: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=374.252 + 0
=374.252

Western Asset Inflation-Linked Opportunities andome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  -20.996/( (382.166+374.252)/ 2 )
=-1  *  -20.996/378.209
=5.55 %

where

Total Debt  (Q: May. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=382.166 + 0
=382.166

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=374.252 + 0
=374.252

* 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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Western Asset Inflation-Linked Opportunities andome Fund  (NYSE:WIW) Effective Interest Rate on Debt % Explanation

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


Western Asset Inflation-Linked Opportunities andome Fund Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Western Asset Inflation-Linked Opportunities andome Fund's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Inflation-Linked Opportunities and Income Fund is a diversified, closed-end management investment company. Its primary investment objective of the group is to provide current income for its shareholders. The secondary investment objective is capital appreciation with current income.
Executives
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Cascade Investment, L.l.c. 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Anita L Defrantz director 736 RAYMOND AVENUE, SANTA MONICA CA 90405
Siart William E B director 266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272
Robert Jr Abeles director 3018 ANNITA DRIVE, GLENDALE CA 91206

Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Headlines

From GuruFocus