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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Net Interest Margin (Bank Only) % : N/A% (As of Apr. 2018)


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What is Advent/claymore Enhanced Growth &ome 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. Advent/claymore Enhanced Growth &ome's annualized Net Interest Income (for Banks) for the quarter that ended in Apr. 2018 was $2.15 Mil. Advent/claymore Enhanced Growth &ome's average earning assets for the quarter that ended in Apr. 2018 was $0.00 Mil. Therefore, Advent/claymore Enhanced Growth &ome's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Apr. 2018 was N/A%.


Advent/claymore Enhanced Growth &ome Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome'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.

Advent/claymore Enhanced Growth &ome Net Interest Margin (Bank Only) % Chart

Advent/claymore Enhanced Growth &ome Annual Data
Trend Oct17
Net Interest Margin (Bank Only) %
-

Advent/claymore Enhanced Growth &ome Semi-Annual Data
Oct17 Apr18
Net Interest Margin (Bank Only) % - -

Competitive Comparison of Advent/claymore Enhanced Growth &ome's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Advent/claymore Enhanced Growth &ome'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.


Advent/claymore Enhanced Growth &ome's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent/claymore Enhanced Growth &ome's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Advent/claymore Enhanced Growth &ome's Net Interest Margin (Bank Only) % falls into.



Advent/claymore Enhanced Growth &ome 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).

Advent/claymore Enhanced Growth &ome's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2017 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: . 20 ) + Earning Assets (A: Oct. 2017 ))/ count )
=/( ( + )/ )
=/
= %

where

Earning Assets(A: . 20 )
=Money Market Investments + Net Loan + Securities & Investments
= + +
=

Earning Assets(A: Oct. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
= + +
=

Advent/claymore Enhanced Growth &ome's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Apr. 2018 is calculated as

Net Interest Margin (Bank Only) %(Q: Apr. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Oct. 2017 ) + Earning Assets (Q: Apr. 2018 ))/ count )
=2.15/( (0 + 0)/ 1 )
=2.15/0
=N/A %

where

Earning Assets(Q: Oct. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Apr. 2018 )
=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 (Apr. 2018) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Advent/claymore Enhanced Growth &ome  (NYSE:LCM) 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.


Advent/claymore Enhanced Growth &ome Net Interest Margin (Bank Only) % Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Traded in Other Exchanges
N/A
Address
Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.
Executives
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland director, officer: Chairman, CEO & President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk officer: CCO & Secy 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz officer: Chief Compliance Officer 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina director, other: Trustee ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen other: Portfolio Manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

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