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Blackrock Municipalome Quality Trust (Blackrock Municipalome Quality Trust) Effective Interest Rate on Debt % : 23,829.41% (As of Jan. 2024)


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What is Blackrock Municipalome Quality 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. Blackrock Municipalome Quality Trust's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $8.10 Mil. Blackrock Municipalome Quality Trust's average total debt for the quarter that ended in Jan. 2024 was $0.03 Mil. Therefore, Blackrock Municipalome Quality Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 23,829.41%.


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

The historical data trend for Blackrock Municipalome Quality 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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Blackrock Municipalome Quality Trust Effective Interest Rate on Debt % Chart

Blackrock Municipalome Quality Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2,730.77 - 1,297.54 682.77 11,600.00

Blackrock Municipalome Quality Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
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 - - 12.14 27.96 23,829.41

Competitive Comparison of Blackrock Municipalome Quality Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, Blackrock Municipalome Quality 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.


Blackrock Municipalome Quality Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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



Blackrock Municipalome Quality Trust Effective Interest Rate on Debt % Calculation

Blackrock Municipalome Quality Trust'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  *  -7.308/( (0+0.063)/ 1 )
=-1  *  -7.308/0.063
=11,600.00 %

where

Blackrock Municipalome Quality Trust'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  *  -8.102/( (0.063+0.005)/ 2 )
=-1  *  -8.102/0.034
=23,829.41 %

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


Blackrock Municipalome Quality Trust  (NYSE:BYM) 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 Quality Trust Effective Interest Rate on Debt % Related Terms

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Blackrock Municipalome Quality Trust (Blackrock Municipalome Quality Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Quality Trust is a closed-end municipal bond fund. Its investment objective is to provide current income exempt from U.S. federal income taxes, including the alternative minimum tax. It trust invests in various sectors such as transportation, utilities, health, education, corporate, housing and others.
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
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
J.p. Morgan Taxable Putters/taxable Drivers, Series T0009 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005

Blackrock Municipalome Quality Trust (Blackrock Municipalome Quality Trust) Headlines