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Nuveen Core Plus Impact Fund (Nuveen Core Plus Impact Fund) Effective Interest Rate on Debt % : 9.61% (As of Dec. 2023)


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What is Nuveen Core Plus Impact 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 Core Plus Impact Fund's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $13.19 Mil. Nuveen Core Plus Impact Fund's average total debt for the quarter that ended in Dec. 2023 was $137.18 Mil. Therefore, Nuveen Core Plus Impact Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.61%.


Nuveen Core Plus Impact Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for Nuveen Core Plus Impact 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 Core Plus Impact Fund Effective Interest Rate on Debt % Chart

Nuveen Core Plus Impact Fund Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 2.45 9.31

Nuveen Core Plus Impact Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % 1.07 4.12 8.14 9.61

Competitive Comparison of Nuveen Core Plus Impact Fund's Effective Interest Rate on Debt %

For the Asset Management subindustry, Nuveen Core Plus Impact 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 Core Plus Impact Fund's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Core Plus Impact Fund's Effective Interest Rate on Debt % falls into.



Nuveen Core Plus Impact Fund Effective Interest Rate on Debt % Calculation

Nuveen Core Plus Impact Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -12.766/( (151.568+122.726)/ 2 )
=-1  *  -12.766/137.147
=9.31 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=151.568 + 0
=151.568

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122.726 + 0
=122.726

Nuveen Core Plus Impact Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -13.186/( (151.625+122.726)/ 2 )
=-1  *  -13.186/137.1755
=9.61 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=151.625 + 0
=151.625

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122.726 + 0
=122.726

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nuveen Core Plus Impact Fund  (NYSE:NPCT) Effective Interest Rate on Debt % Explanation

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


Nuveen Core Plus Impact Fund Effective Interest Rate on Debt % Related Terms

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Nuveen Core Plus Impact Fund (Nuveen Core Plus Impact Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Plus Impact Fund is an organized, diversified, closed-end management investment company. The Fund's investment objective is to seek total return through high current income and capital appreciation, while giving special consideration to certain impact and environmental, social and governance criteria.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: CCO and Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
William Curt Hunter other: Trustee
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606

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