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MVT (Blackrock Munivest Fund II) Net Interest Margin (Bank Only) % : N/A% (As of Jul. 2024)


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What is Blackrock Munivest Fund II 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. Blackrock Munivest Fund II's annualized Net Interest Income (for Banks) for the quarter that ended in Jul. 2024 was $11.16 Mil. Blackrock Munivest Fund II's average earning assets for the quarter that ended in Jul. 2024 was $0.00 Mil. Therefore, Blackrock Munivest Fund II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jul. 2024 was N/A%.


Blackrock Munivest Fund II Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Blackrock Munivest Fund II'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.

Blackrock Munivest Fund II Net Interest Margin (Bank Only) % Chart

Blackrock Munivest Fund II Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 3,919.05 6,969.47 3,354.43 1,784.35 2,199.79

Blackrock Munivest Fund II Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24
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 3,499.14 978.55 1,030.69 2,094.63 -

Competitive Comparison of Blackrock Munivest Fund II's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Blackrock Munivest Fund II'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.


Blackrock Munivest Fund II's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Blackrock Munivest Fund II 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).

Blackrock Munivest Fund II's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jul. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Jul. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jul. 2023 ) + Earning Assets (A: Jul. 2024 ))/ count )
=10.647/( (0.484 + 0)/ 1 )
=10.647/0.484
=2,199.79 %

where

Earning Assets(A: Jul. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.484 + 0 + 0
=0.484

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

Blackrock Munivest Fund II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jul. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Jul. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jan. 2024 ) + Earning Assets (Q: Jul. 2024 ))/ count )
=11.156/( (0 + 0)/ 1 )
=11.156/0
=N/A %

where

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

Earning Assets(Q: Jul. 2024 )
=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 (Jul. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Blackrock Munivest Fund II  (NYSE:MVT) 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.


Blackrock Munivest Fund II Net Interest Margin (Bank Only) % Related Terms

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Blackrock Munivest Fund II Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Munivest Fund II Inc is a closed-end management investment company. The fund's objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in Transportation, Health, Utilities, Education, Housing, and other sectors.
Executives
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
J.p. Morgan Taxable Putters/taxable Drivers, Series T0005 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Munivest Fund II Headlines