NMT (Nuveen Massachusetts Quality Municipalome Fund) Effective Interest Rate on Debt %: 527.09% (As of May. 2026)

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NMT Nuveen Massachusetts Quality Municipal Income Fund NMT
32 GF Score
Price $12.12
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What is Nuveen Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt %?

Nuveen Massachusetts Quality Municipalome Fund NMT -2.10% 32 Effective Interest Rate on Debt % is 527.09% as of May. 2026. GuruFocus rates NMT with a GF Score™ of 32/100. The stock has 4 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 Massachusetts Quality Municipalome Fund's annualized positive value of Interest Expense for the quarter that ended in May. 2026 was $2.42 Mil. Nuveen Massachusetts Quality Municipalome Fund's average total debt for the quarter that ended in May. 2026 was $0.46 Mil. Therefore, Nuveen Massachusetts Quality Municipalome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 was 527.09%.


Nuveen Massachusetts Quality Municipalome Fund  (NYSE:NMT) Effective Interest Rate on Debt % Explanation

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


Nuveen Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt % Related Terms


Nuveen Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nuveen Massachusetts Quality Municipalome 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 Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt % Chart

Nuveen Massachusetts Quality Municipalome Fund Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25 May26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 84.45 0.00 0.00 0.00 271.94

Nuveen Massachusetts Quality Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.00 0.00 0.00 85,333.33 527.09

NMT vs CEE, IAF, BWG: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Nuveen Massachusetts Quality Municipalome 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 Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt % vs Asset Management Industry

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

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


NMT
32GF Score
Nuveen Massachusetts Quality Municipal Income Fund NMT
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Massachusetts Quality Municipalome Fund Effective Interest Rate on Debt % Calculation

Nuveen Massachusetts Quality Municipalome Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2025 )+Total Debt  (A: May. 2026 ))/ count )
=-1  *  -2.491/( (0+0.916)/ 1 )
=-1  *  -2.491/0.916
=271.94 %

where

Nuveen Massachusetts Quality Municipalome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2025 )+Total Debt  (Q: May. 2026 ))/ count )
=-1  *  -2.422/( (0.003+0.916)/ 2 )
=-1  *  -2.422/0.4595
=527.09 %

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 (May. 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 527.09% mean?
Nuveen Massachusetts Quality Municipalome Fund (NMT) has a Effective Interest Rate on Debt % of 527.09% as of May. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nuveen Massachusetts Quality Municipalome Fund and its competitors.
Is Nuveen Massachusetts Quality Municipalome Fund's Effective Interest Rate on Debt % too high?
Nuveen Massachusetts Quality Municipalome Fund's current Effective Interest Rate on Debt % is 527.09%. Overall, Nuveen Massachusetts Quality Municipalome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Massachusetts Quality Municipalome Fund's Effective Interest Rate on Debt % compare to CEE and IAF?
Nuveen Massachusetts Quality Municipalome Fund's Effective Interest Rate on Debt % of 527.09% 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 Massachusetts Quality Municipalome Fund and its competitors. Nuveen Massachusetts Quality Municipalome Fund's current Effective Interest Rate on Debt % is 527.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Massachusetts Quality Municipalome Fund stock overvalued right now?
Nuveen Massachusetts Quality Municipalome Fund (NMT) has a current Effective Interest Rate on Debt % of 527.09%. The current Effective Interest Rate on Debt % is 527.09%. Nuveen Massachusetts Quality Municipalome Fund's overall GF Score™ is 32/100 with 4 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 Massachusetts Quality Municipalome Fund (NMT), the current Effective Interest Rate on Debt % is 527.09% as of May. 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.

Nuveen Massachusetts Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Massachusetts Quality Municipal Income Fund is a diversified closed-end management investment company. The Fund's objective seeks to provide current income exempt from both regular federal and Massachusetts income taxes and to enhance portfolio value relative to the Massachusetts municipal bond market by investing in tax-exempt Massachusetts municipal obligations that are underrated or undervalued or that represent municipal market sectors that are undervalued.
32GF 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.

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