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PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Net Interest Margin (Bank Only) % : 305.18% (As of Dec. 2023)


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What is PIMCOorate &ome Strategy 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. PIMCOorate &ome Strategy Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $55.81 Mil. PIMCOorate &ome Strategy Fund's average earning assets for the quarter that ended in Dec. 2023 was $18.29 Mil. Therefore, PIMCOorate &ome Strategy Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 305.18%.


PIMCOorate &ome Strategy Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for PIMCOorate &ome Strategy 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.

PIMCOorate &ome Strategy Fund Net Interest Margin (Bank Only) % Chart

PIMCOorate &ome Strategy Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jun22 Jun23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 520.46 541.91 382.77 277.29 306.84

PIMCOorate &ome Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 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 319.12 262.49 231.91 266.22 305.18

Competitive Comparison of PIMCOorate &ome Strategy Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, PIMCOorate &ome Strategy 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.


PIMCOorate &ome Strategy Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where PIMCOorate &ome Strategy Fund's Net Interest Margin (Bank Only) % falls into.



PIMCOorate &ome Strategy 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).

PIMCOorate &ome Strategy Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2022 ) + Earning Assets (A: Jun. 2023 ))/ count )
=59.704/( (0 + 19.458)/ 1 )
=59.704/19.458
=306.84 %

where

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

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=19.458 + 0 + 0
=19.458

PIMCOorate &ome Strategy 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 )
=55.806/( (19.458 + 17.114)/ 2 )
=55.806/18.286
=305.18 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=19.458 + 0 + 0
=19.458

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=17.114 + 0 + 0
=17.114

* 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.


PIMCOorate &ome Strategy Fund  (NYSE:PCN) 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.


PIMCOorate &ome Strategy Fund Net Interest Margin (Bank Only) % Related Terms

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PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income. The secondary investment objective of the fund is capital preservation and appreciation. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
Executives
Giang Huong Bui other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bank Of America Corp /de/ other: Former 10% Owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660