Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Interest Expense : C$-1.52 Mil (TTM As of Jun. 2020)

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What is Manulife Floating Rate Senior Loan Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manulife Floating Rate Senior Loan Fund's interest expense for the six months ended in Jun. 2020 was C$ -0.58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was C$-1.52 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Manulife Floating Rate Senior Loan Fund's Operating Income for the six months ended in Jun. 2020 was C$ Mil. Manulife Floating Rate Senior Loan Fund's Interest Expense for the six months ended in Jun. 2020 was C$ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manulife Floating Rate Senior Loan Fund Interest Expense Historical Data

The historical data trend for Manulife Floating Rate Senior Loan Fund's Interest Expense 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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Manulife Floating Rate Senior Loan Fund Interest Expense Chart

Manulife Floating Rate Senior Loan Fund Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-2.33

-1.51

-1.57

-2.30

-2.07

Manulife Floating Rate Senior Loan Fund Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Interest Expense	Get a 7-Day Free Trial										-1.06	-1.24	-1.12	-0.94	-0.58

Manulife Floating Rate Senior Loan Fund Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-1.52 Mil.

Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

200 Bloor Street East, North Tower, Toronto, ON, CAN, M4W 1E5

Website

http://www.manulifeim.ca

Manulife Floating Rate Senior Loan Fund is a Canada based closed-end investment fund. Its investment objective is to provide holders of units with monthly distributions; to preserve capital and to provide the opportunity for increased income if short-term interest rates rise. It is formed to invest in an actively managed portfolio of investments in senior floating rate loans and, to a lesser extent, short duration debt securities.

Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Headlines

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