LEO (BNY Mellon Strategic Municipals,) Effective Interest Rate on Debt %: 4.91% (As of Mar. 2026)


LEO BNY Mellon Strategic Municipals, Inc. LEO
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What is BNY Mellon Strategic Municipals, Effective Interest Rate on Debt %?

BNY Mellon Strategic Municipals, LEO -0.61% 30 Effective Interest Rate on Debt % is 4.91% as of Mar. 2026. GuruFocus rates LEO with a GF Score™ of 30/100. The stock has 6 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. BNY Mellon Strategic Municipals,'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $6.83 Mil. BNY Mellon Strategic Municipals,'s average total debt for the quarter that ended in Mar. 2026 was $139.05 Mil. Therefore, BNY Mellon Strategic Municipals,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.91%.


BNY Mellon Strategic Municipals,  (NYSE:LEO) Effective Interest Rate on Debt % Explanation

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


BNY Mellon Strategic Municipals, Effective Interest Rate on Debt % Related Terms


BNY Mellon Strategic Municipals, Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipals,'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.

BNY Mellon Strategic Municipals, Effective Interest Rate on Debt % Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.68 1.25 3.99 6.07 5.73

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only 6.55 7.04 5.70 5.29 4.91

LEO vs SDHY, INV, CCAP: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'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.


BNY Mellon Strategic Municipals, Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Effective Interest Rate on Debt % falls into.


LEO
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BNY Mellon Strategic Municipals, Inc. LEO
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BNY Mellon Strategic Municipals, Effective Interest Rate on Debt % Calculation

BNY Mellon Strategic Municipals,'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2024 )+Total Debt  (A: Sep. 2025 ))/ count )
=-1  *  -7.992/( (140.13+139.045)/ 2 )
=-1  *  -7.992/139.5875
=5.73 %

where

Total Debt  (A: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.13 + 0
=140.13

Total Debt  (A: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.045 + 0
=139.045

BNY Mellon Strategic Municipals,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -6.832/( (139.045+139.045)/ 2 )
=-1  *  -6.832/139.045
=4.91 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.045 + 0
=139.045

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.045 + 0
=139.045

* 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 (Mar. 2026) 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 4.91% mean?
BNY Mellon Strategic Municipals, (LEO) has a Effective Interest Rate on Debt % of 4.91% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on BNY Mellon Strategic Municipals, and its competitors.
Is BNY Mellon Strategic Municipals,'s Effective Interest Rate on Debt % too high?
BNY Mellon Strategic Municipals,'s current Effective Interest Rate on Debt % is 4.91%. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s Effective Interest Rate on Debt % compare to SDHY and INV?
BNY Mellon Strategic Municipals,'s Effective Interest Rate on Debt % of 4.91% 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 BNY Mellon Strategic Municipals, and its competitors. BNY Mellon Strategic Municipals,'s current Effective Interest Rate on Debt % is 4.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
BNY Mellon Strategic Municipals, (LEO) has a current Effective Interest Rate on Debt % of 4.91%. The current Effective Interest Rate on Debt % is 4.91%. BNY Mellon Strategic Municipals,'s overall GF Score™ is 30/100 with 6 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 BNY Mellon Strategic Municipals, (LEO), the current Effective Interest Rate on Debt % is 4.91% as of Mar. 2026. 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.

BNY Mellon Strategic Municipals, Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
30GF Score

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