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Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Net Interest Margin (Bank Only) % : -7.65% (As of Oct. 2023)


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What is Calamos Dynamic Convertible andome 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. Calamos Dynamic Convertible andome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2023 was $-2.26 Mil. Calamos Dynamic Convertible andome Fund's average earning assets for the quarter that ended in Oct. 2023 was $29.51 Mil. Therefore, Calamos Dynamic Convertible andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 was -7.65%.


Calamos Dynamic Convertible andome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Calamos Dynamic Convertible andome 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.

Calamos Dynamic Convertible andome Fund Net Interest Margin (Bank Only) % Chart

Calamos Dynamic Convertible andome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 7,158.76 - 610,600.00 18.98 -4.71

Calamos Dynamic Convertible andome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,003,400.00 490,800.00 10.77 -1.08 -7.65

Competitive Comparison of Calamos Dynamic Convertible andome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Calamos Dynamic Convertible andome 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.


Calamos Dynamic Convertible andome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Dynamic Convertible andome Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Calamos Dynamic Convertible andome Fund's Net Interest Margin (Bank Only) % falls into.



Calamos Dynamic Convertible andome 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).

Calamos Dynamic Convertible andome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Oct. 2022 ) + Earning Assets (A: Oct. 2023 ))/ count )
=-1.33/( (36.105 + 20.401)/ 2 )
=-1.33/28.253
=-4.71 %

where

Earning Assets(A: Oct. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=36.105 + 0 + 0
=36.105

Earning Assets(A: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=20.401 + 0 + 0
=20.401

Calamos Dynamic Convertible andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Oct. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2023 ) + Earning Assets (Q: Oct. 2023 ))/ count )
=-2.256/( (38.617 + 20.401)/ 2 )
=-2.256/29.509
=-7.65 %

where

Earning Assets(Q: Apr. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=38.617 + 0 + 0
=38.617

Earning Assets(Q: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=20.401 + 0 + 0
=20.401

* 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 (Oct. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Calamos Dynamic Convertible andome Fund  (NAS:CCD) 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.


Calamos Dynamic Convertible andome Fund Net Interest Margin (Bank Only) % Related Terms

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Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Dynamic Convertible and Income Fund operate as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It predominantly invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.
Executives
Erik D. Ojala officer: VP, Sec'y & Chief Legal Off. 2020 CALAMOS CT., NAPERVILLE IL 60563
Mark Mickey officer: Chief Compliance Officer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Susan L Schoenberger officer: VP and Assistant Secretary 2020 CALAMOS COURT, NAPERVILLE IL 60563
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Daniel Dufresne officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
David D Tripple director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Dave Vanisko officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr director, officer: Chairman & President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Family Partners, Inc. other: Ultimate Parent of Inv Adviser 2020 CALAMOS COURT, NAPERVILLE IL 60563
Lloyd Wennlund director 2020 CALAMOS COURT, NAPERVILLE IL 60563

Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Headlines

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