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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Net Interest Margin (Bank Only) %

: N/A% (As of Jan. 2024)
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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. Nuveen Credit Strategiesome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Jan. 2024 was $87.10 Mil. Nuveen Credit Strategiesome Fund's average earning assets for the quarter that ended in Jan. 2024 was $0.00 Mil. Therefore, Nuveen Credit Strategiesome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2024 was N/A%.


Nuveen Credit Strategiesome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Nuveen Credit Strategiesome 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.

Nuveen Credit Strategiesome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 18,513.39 7,714,700.00 - - -

Nuveen Credit Strategiesome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Asset Management subindustry, Nuveen Credit Strategiesome 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.


Nuveen Credit Strategiesome Fund Net Interest Margin (Bank Only) % Distribution

For the Asset Management industry and Financial Services sector, Nuveen Credit Strategiesome Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Nuveen Credit Strategiesome Fund's Net Interest Margin (Bank Only) % falls into.



Nuveen Credit Strategiesome 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).

Nuveen Credit Strategiesome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jul. 2022 is calculated as

Net Interest Margin (Bank Only) %(A: Jul. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jul. 2021 ) + Earning Assets (A: Jul. 2022 ))/ count )
=58.96/( (0 + 0)/ 1 )
=58.96/0
=N/A %

where

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

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

Nuveen Credit Strategiesome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Jan. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jan. 2023 ) + Earning Assets (Q: Jan. 2024 ))/ count )
=87.1/( (0 + 0)/ 1 )
=87.1/0
=N/A %

where

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

Earning Assets(Q: Jan. 2024 )
=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 (Jan. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Nuveen Credit Strategiesome Fund  (NYSE:JQC) 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.


Nuveen Credit Strategiesome Fund Net Interest Margin (Bank Only) % Related Terms

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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.
Executives
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Himani Trivedi other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Bernard Wong other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Headlines

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