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COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Effective Interest Rate on Debt % : 6.31% (As of Dec. 2023)


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What is COHEN & STEERS QUALITYOME REALTY FUND Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. COHEN & STEERS QUALITYOME REALTY FUND's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $44.8 Mil. COHEN & STEERS QUALITYOME REALTY FUND's average total debt for the quarter that ended in Dec. 2023 was $710.0 Mil. Therefore, COHEN & STEERS QUALITYOME REALTY FUND's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.31%.


COHEN & STEERS QUALITYOME REALTY FUND Effective Interest Rate on Debt % Historical Data

The historical data trend for COHEN & STEERS QUALITYOME REALTY FUND's Effective Interest Rate on Debt % 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 QUALITYOME REALTY FUND Effective Interest Rate on Debt % Chart

COHEN & STEERS QUALITYOME REALTY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2.98 2.74 2.01 2.89 5.99

COHEN & STEERS QUALITYOME REALTY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 1.87 3.80 5.66 6.31

Competitive Comparison of COHEN & STEERS QUALITYOME REALTY FUND's Effective Interest Rate on Debt %

For the Asset Management subindustry, COHEN & STEERS QUALITYOME REALTY FUND's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 QUALITYOME REALTY FUND's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, COHEN & STEERS QUALITYOME REALTY FUND's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where COHEN & STEERS QUALITYOME REALTY FUND's Effective Interest Rate on Debt % falls into.



COHEN & STEERS QUALITYOME REALTY FUND Effective Interest Rate on Debt % Calculation

COHEN & STEERS QUALITYOME REALTY FUND's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -42.496/( (710+710)/ 2 )
=-1  *  -42.496/710
=5.99 %

where

COHEN & STEERS QUALITYOME REALTY FUND's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -44.83/( (710+710)/ 2 )
=-1  *  -44.83/710
=6.31 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


COHEN & STEERS QUALITYOME REALTY FUND  (NYSE:RQI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


COHEN & STEERS QUALITYOME REALTY FUND Effective Interest Rate on Debt % Related Terms

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COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
COHEN & STEERS QUALITY INCOME REALTY FUND INC is a diversified, closed-end management investment company. The primary investment objective of the Fund is high current income through investment in real estate securities. Its secondary objective is capital appreciation. The Fund invests at least 80% of its total assets in income-producing common stocks and other securities issued by real estate companies, such as real estate investment trusts under normal market conditions.
Executives
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Adam M Derechin director C/O COHEN & STEERS, INC., 280 PARK AVENUE, 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
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
Mathew Kirschner other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon 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
Bonnie Cohen director 1824 PHELPS PLACE, UNIT 1810, WASHINGTON DC 20008
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

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