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KTF (DWS Municipalome Trust) Effective Interest Rate on Debt % : 62.46% (As of May. 2024)


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What is DWS Municipalome 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. DWS Municipalome Trust's annualized positive value of Interest Expense for the quarter that ended in May. 2024 was $9.69 Mil. DWS Municipalome Trust's average total debt for the quarter that ended in May. 2024 was $15.51 Mil. Therefore, DWS Municipalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 was 62.46%.


DWS Municipalome Trust Effective Interest Rate on Debt % Historical Data

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

DWS Municipalome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 10.98 8.16 6.17 9.97 31.05

DWS Municipalome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 6.91 13.04 19.60 32.04 62.46

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

For the Asset Management subindustry, DWS Municipalome 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.


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

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

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



DWS Municipalome Trust Effective Interest Rate on Debt % Calculation

DWS Municipalome Trust'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  *  -10.67/( (52.7+16.023)/ 2 )
=-1  *  -10.67/34.3615
=31.05 %

where

Total Debt  (A: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.023 + 0
=16.023

DWS Municipalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: May. 2024 ))/ count )
=-1  *  -9.688/( (16.023+15)/ 2 )
=-1  *  -9.688/15.5115
=62.46 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.023 + 0
=16.023

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


DWS Municipalome Trust  (NYSE:KTF) Effective Interest Rate on Debt % Explanation

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


DWS Municipalome Trust Effective Interest Rate on Debt % Related Terms

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DWS Municipalome Trust Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
DWS Municipal Income Trust is a closed-end, diversified investment management company. The investment objective is to provide high current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
Executives
Jpmorgan Chase Bank, National Association 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Mary S Daugherty director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
George Catrambone other: Director of Investment Adviser C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Richard J Herring director 345 PARK AVENUE, NEW YORK NY 10154
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Catherine Schrand director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Chad Farrington other: Portfolio Manager C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 10154
Helen Delman other: Section 16 C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
John W Ballantine director C/O OAK BROOK BANK, 1400 SIXTEENTH ST, OAK BROOK IL 60523
Keith R Fox director 85 MERRIMAC STREET, BOSTON MA 02114
Ciara L. Crawford officer: Assistant Secretary C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 11752
Peter Aloisi other: Portfolio Manager C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154
William N Searcy director 345 PARK AVENUE, NEW YORK NY 10154