JMM (Nuveen Multi-Marketome Fund) Effective Interest Rate on Debt %: 4.67% (As of Dec. 2025)


JMM Nuveen Multi-Market Income Fund JMM
48 GF Score
Price $5.86
GF Value $7.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nuveen Multi-Marketome Fund Effective Interest Rate on Debt %?

Nuveen Multi-Marketome Fund JMM -0.34% 48 Effective Interest Rate on Debt % is 4.67% as of Dec. 2025. GuruFocus rates JMM with a GF Score™ of 48/100 and a GF Value™ of $7.55 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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. Nuveen Multi-Marketome Fund's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was $1.21 Mil. Nuveen Multi-Marketome Fund's average total debt for the quarter that ended in Dec. 2025 was $25.97 Mil. Therefore, Nuveen Multi-Marketome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 4.67%.


Nuveen Multi-Marketome Fund  (NYSE:JMM) Effective Interest Rate on Debt % Explanation

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


Nuveen Multi-Marketome Fund Effective Interest Rate on Debt % Related Terms


Nuveen Multi-Marketome Fund Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nuveen Multi-Marketome 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.

Nuveen Multi-Marketome Fund Effective Interest Rate on Debt % Chart

Nuveen Multi-Marketome Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.30 0.55 4.50 5.97 5.07

Nuveen Multi-Marketome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.72 6.21 5.61 4.77 4.67

JMM vs MXE, BENF, MGLD: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Nuveen Multi-Marketome 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.


Nuveen Multi-Marketome Fund Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Multi-Marketome Fund's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nuveen Multi-Marketome Fund's Effective Interest Rate on Debt % falls into.


JMM
48GF Score
Nuveen Multi-Market Income Fund JMM
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Multi-Marketome Fund Effective Interest Rate on Debt % Calculation

Nuveen Multi-Marketome Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2024 )+Total Debt  (A: Jun. 2025 ))/ count )
=-1  *  -1.258/( (23.861+25.813)/ 2 )
=-1  *  -1.258/24.837
=5.07 %

where

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.861 + 0
=23.861

Total Debt  (A: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.813 + 0
=25.813

Nuveen Multi-Marketome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -1.212/( (25.813+26.121)/ 2 )
=-1  *  -1.212/25.967
=4.67 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.813 + 0
=25.813

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.121 + 0
=26.121

* 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 (Dec. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.67% mean?
Nuveen Multi-Marketome Fund (JMM) has a Effective Interest Rate on Debt % of 4.67% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nuveen Multi-Marketome Fund and its competitors.
Is Nuveen Multi-Marketome Fund's Effective Interest Rate on Debt % too high?
Nuveen Multi-Marketome Fund's current Effective Interest Rate on Debt % is 4.67%. Overall, Nuveen Multi-Marketome Fund has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Marketome Fund's Effective Interest Rate on Debt % compare to MXE and BENF?
Nuveen Multi-Marketome Fund's Effective Interest Rate on Debt % of 4.67% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nuveen Multi-Marketome Fund and its competitors. Nuveen Multi-Marketome Fund's current Effective Interest Rate on Debt % is 4.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Marketome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Marketome Fund (JMM) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.55, compared to a current price of $5.86 — trading 22.4% below its estimated fair value. The current Effective Interest Rate on Debt % is 4.67%. Nuveen Multi-Marketome Fund's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Nuveen Multi-Marketome Fund (JMM), the current Effective Interest Rate on Debt % is 4.67% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Multi-Marketome Fund (JMM) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Multi-Marketome Fund stock appears to be undervalued. The current stock price of $5.86 is trading 22.4% below its estimated GF Value™ of $7.55. GuruFocus considers Nuveen Multi-Marketome Fund to be Modestly Undervalued.

Key valuation signals for JMM:

  • Effective Interest Rate on Debt %: 4.67%
  • GF Value™: $7.55 vs. price of $5.86 (22.4% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the JMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Multi-Marketome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Multi-Market Income Fund is a United States-based closed-end management investment company. The investment objective of the company is to provide high monthly income consistent with prudent risk to capital. The fund predominantly invests in debt securities, including, but not limited to, residential and commercial mortgage-backed securities, asset-backed securities, corporate debt obligations, convertible debt securities, U.S. government securities, and other such fixed income instruments. It may also invest in preferred stocks.
48GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.86
Price
$7.55
GF Value