Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2020)

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What is Blackrock Florida Muni 2020 Term Tr 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. Blackrock Florida Muni 2020 Term Tr's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.00 Mil. Blackrock Florida Muni 2020 Term Tr's average total debt for the quarter that ended in Jun. 2020 was $0.02 Mil. Therefore, Blackrock Florida Muni 2020 Term Tr's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 0.00%.

Blackrock Florida Muni 2020 Term Tr Effective Interest Rate on Debt % Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr'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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Blackrock Florida Muni 2020 Term Tr Effective Interest Rate on Debt % Chart

Blackrock Florida Muni 2020 Term Tr Annual Data

Trend

Jul17

Jul18

Dec19

Effective Interest Rate on Debt %

Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
	Jul17	Jan18	Jul18	Jun19	Dec19	Jun20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Blackrock Florida Muni 2020 Term Tr's Effective Interest Rate on Debt %

For the Asset Management subindustry, Blackrock Florida Muni 2020 Term Tr'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 Florida Muni 2020 Term Tr's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Florida Muni 2020 Term Tr's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Blackrock Florida Muni 2020 Term Tr's Effective Interest Rate on Debt % falls into.

Blackrock Florida Muni 2020 Term Tr Effective Interest Rate on Debt % Calculation

Blackrock Florida Muni 2020 Term Tr's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * 0	/	( (0	+	0.019)	/ 1 )
=	-1 * 0	/	0.019
=	0.00 %

where

	Total Debt (A: Jul. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.019	+	0
=	0.019

Blackrock Florida Muni 2020 Term Tr's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2019 )	+	Total Debt (Q: Jun. 2020 ))	/ count )
=	-1 * 0	/	( (0.019	+	0.012)	/ 2 )
=	-1 * 0	/	0.0155
=	0.00 %

where

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.019	+	0
=	0.019

	Total Debt (Q: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.012	+	0
=	0.012

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 (Jun. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Blackrock Florida Muni 2020 Term Tr (NYSE:BFO) Effective Interest Rate on Debt % Explanation

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

Blackrock Florida Muni 2020 Term Tr Effective Interest Rate on Debt % Related Terms

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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Florida Muni 2020 Term Tr (NYSE:BFO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

http://www.blackrock.com

Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.

Executives

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
Blackrock Holdco 2, Inc.	other: Affl. of Investment Advisor	40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs	other: Former 10% Owner	600 WASHINGTON BLVD., STAMFORD CT 06901
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn	officer: Secretary	55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers	director	40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines

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BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

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