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DSL (DoubleLineome Solutions Fund) Net Interest Margin (Bank Only) % : 4,668.56% (As of Sep. 2024)


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What is DoubleLineome Solutions 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. DoubleLineome Solutions Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was $136.3 Mil. DoubleLineome Solutions Fund's average earning assets for the quarter that ended in Sep. 2024 was $2.9 Mil. Therefore, DoubleLineome Solutions Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 4,668.56%.


DoubleLineome Solutions Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for DoubleLineome Solutions 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.

DoubleLineome Solutions Fund Net Interest Margin (Bank Only) % Chart

DoubleLineome Solutions Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial - - - 3,491.17 4,225.46

DoubleLineome Solutions Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 Premium Member Only Premium Member Only - - 3,379.77 3,049.64 4,668.56

Competitive Comparison of DoubleLineome Solutions Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, DoubleLineome Solutions 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.


DoubleLineome Solutions Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where DoubleLineome Solutions Fund's Net Interest Margin (Bank Only) % falls into.


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DoubleLineome Solutions 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).

DoubleLineome Solutions Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2023 ) + Earning Assets (A: Sep. 2024 ))/ count )
=123.637/( (3.648 + 2.204)/ 2 )
=123.637/2.926
=4,225.46 %

where

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.648 + 0 + 0
=3.648

Earning Assets(A: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=2.204 + 0 + 0
=2.204

DoubleLineome Solutions Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2024 ) + Earning Assets (Q: Sep. 2024 ))/ count )
=136.252/( (3.633 + 2.204)/ 2 )
=136.252/2.9185
=4,668.56 %

where

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=3.633 + 0 + 0
=3.633

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=2.204 + 0 + 0
=2.204

* 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 (Sep. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


DoubleLineome Solutions Fund  (NYSE:DSL) 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.


DoubleLineome Solutions Fund Net Interest Margin (Bank Only) % Related Terms

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DoubleLineome Solutions Fund Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
DoubleLine Income Solutions Fund is a closed-end management investment company. Its primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in debt securities and other income-producing investments anywhere in the world, including emerging markets. The company's investment portfolio comprises foreign corporate bonds, U.S. corporate bonds, bank loans, collateralized loan obligations, non-agency commercial mortgage backed obligations, asset-backed obligations, and municipal bonds among others.
Executives
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DSL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Henry V Chase other: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
James Charles Davison other: Global Relationship Management 333 SOUTH GRAND AVE, 18TH FLOOR, LOS ANGELES CA 90071
Raymond Woolson other: TRUSTEE 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071