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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Net Interest Margin (Bank Only) % : N/A% (As of Dec. 2022)


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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2022 was $1.01 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's average earning assets for the quarter that ended in Dec. 2022 was $0.00 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2022 was N/A%.


GABELLI CONVERTIBLE &OME SECURITIES FUND Net Interest Margin (Bank Only) % Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) % 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.

* Premium members only.

GABELLI CONVERTIBLE &OME SECURITIES FUND Net Interest Margin (Bank Only) % Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep23
Net Interest Margin (Bank Only) %
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GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23
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Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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.


GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Net Interest Margin (Bank Only) % falls into.



GABELLI CONVERTIBLE &OME SECURITIES FUND Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=2.293/( (0 + 0)/ 1 )
=2.293/0
=N/A %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2022 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2022 ) + Earning Assets (Q: Dec. 2022 ))/ count )
=1.01/( (0 + 0)/ 1 )
=1.01/0
=N/A %

where

Earning Assets(Q: Jun. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Dec. 2022) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


GABELLI CONVERTIBLE &OME SECURITIES FUND  (NYSE:GCV) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


GABELLI CONVERTIBLE &OME SECURITIES FUND Net Interest Margin (Bank Only) % Related Terms

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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Headlines

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