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Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Net Interest Margin (Bank Only) % : 498.95% (As of Dec. 2023)


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What is Cohen & Steers Duration Preferred &ome 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. Cohen & Steers Duration Preferred &ome Fund,'s annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $29.89 Mil. Cohen & Steers Duration Preferred &ome Fund,'s average earning assets for the quarter that ended in Dec. 2023 was $5.99 Mil. Therefore, Cohen & Steers Duration Preferred &ome Fund,'s annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 498.95%.


Cohen & Steers Duration Preferred &ome Fund, Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Cohen & Steers Duration Preferred &ome 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.

Cohen & Steers Duration Preferred &ome Fund, Net Interest Margin (Bank Only) % Chart

Cohen & Steers Duration Preferred &ome Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 1,203.60 1,023.66 748.72 577.86 497.61

Cohen & Steers Duration Preferred &ome Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 614.34 564.69 495.82 461.24 498.95

Competitive Comparison of Cohen & Steers Duration Preferred &ome Fund,'s Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Cohen & Steers Duration Preferred &ome 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.


Cohen & Steers Duration Preferred &ome Fund,'s Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers Duration Preferred &ome Fund,'s Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Duration Preferred &ome Fund,'s Net Interest Margin (Bank Only) % falls into.



Cohen & Steers Duration Preferred &ome 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).

Cohen & Steers Duration Preferred &ome Fund,'s annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=30.22/( (6.705 + 5.441)/ 2 )
=30.22/6.073
=497.61 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=6.705 + 0 + 0
=6.705

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.441 + 0 + 0
=5.441

Cohen & Steers Duration Preferred &ome Fund,'s annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=29.892/( (6.541 + 5.441)/ 2 )
=29.892/5.991
=498.95 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=6.541 + 0 + 0
=6.541

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.441 + 0 + 0
=5.441

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


Cohen & Steers Duration Preferred &ome Fund,  (NYSE:LDP) 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.


Cohen & Steers Duration Preferred &ome Fund, Net Interest Margin (Bank Only) % Related Terms

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Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. is a diversified, closed-end management investment company. Its primary investment objective is high current income and capital appreciation as its secondary investment objective. The Fund invests at least 80% of its managed assets in preferred and other income securities issued by U.S. and non-U.S. companies under normal market conditions.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Jerry Dorost officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Robert Hamilton Steers director, officer: Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Joseph M Harvey director, officer: Vice President COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Elaine Zaharis-nikas officer: Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Neil Bloom officer: Assistant Treasurer 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Headlines