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Nuveen Build America Oppurtunity Fund (Nuveen Build America Oppurtunity Fund) Effective Interest Rate on Debt % : 3.17% (As of Mar. 2018)


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What is Nuveen Build America Oppurtunity Fund 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. Nuveen Build America Oppurtunity Fund's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was $0.38 Mil. Nuveen Build America Oppurtunity Fund's average total debt for the quarter that ended in Mar. 2018 was $12.00 Mil. Therefore, Nuveen Build America Oppurtunity Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 3.17%.


Nuveen Build America Oppurtunity Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for Nuveen Build America Oppurtunity 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.

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Nuveen Build America Oppurtunity Fund Effective Interest Rate on Debt % Chart

Nuveen Build America Oppurtunity Fund Annual Data
Trend Mar18
Effective Interest Rate on Debt %
2.97

Nuveen Build America Oppurtunity Fund Semi-Annual Data
Sep17 Mar18
Effective Interest Rate on Debt % 2.77 3.17

Competitive Comparison of Nuveen Build America Oppurtunity Fund's Effective Interest Rate on Debt %

For the Asset Management subindustry, Nuveen Build America Oppurtunity 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 Build America Oppurtunity Fund's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Build America Oppurtunity Fund's Effective Interest Rate on Debt % falls into.



Nuveen Build America Oppurtunity Fund Effective Interest Rate on Debt % Calculation

Nuveen Build America Oppurtunity Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Nuveen Build America Oppurtunity Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2017 )+Total Debt  (Q: Mar. 2018 ))/ count )
=-1  *  -0.38/( (12+12)/ 2 )
=-1  *  -0.38/12
=3.17 %

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 (Mar. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nuveen Build America Oppurtunity Fund  (NYSE:NBD) Effective Interest Rate on Debt % Explanation

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


Nuveen Build America Oppurtunity Fund Effective Interest Rate on Debt % Related Terms

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Nuveen Build America Oppurtunity Fund (Nuveen Build America Oppurtunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen Build America Oppurtunity Fund is a closed-end management investment company. Its investment objective is to provide current income through investments in taxable municipal securities by investing in a portfolio of taxable municipal securities.
Executives
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Nuveen Fund Advisors, Llc other: Investment Adviser 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606

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