Nuveen Floating Financials
| JFR Fund | USD 8.99 0.04 0.45% |
Nuveen |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen Floating Fund Summary
Nuveen Floating competes with Eaton Vance, NXG NextGen, GAMCO Natural, MFS Investment, and Eaton Vance. Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.Specialization | null, Bank Loan |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US67072T1088 |
| CUSIP | 67072T108 |
| Business Address | 333 West Wacker |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.nuveen.com/cef/product/overview.aspx?fundcode=jfr&refsrc=vu_nuveen.com/jfr |
| Phone | 312 917 7700 |
| Currency | USD - US Dollar |
Nuveen Floating Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Floating's current stock value. Our valuation model uses many indicators to compare Nuveen Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Floating competition to find correlations between indicators driving Nuveen Floating's intrinsic value. More Info.Nuveen Floating Rate is rated third overall fund in price to earning among similar funds. It also is rated third overall fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Floating Rate is roughly 12.82 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Floating by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nuveen Floating Rate Systematic Risk
Nuveen Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nuveen Floating Rate correlated with the market. If Beta is less than 0 Nuveen Floating generally moves in the opposite direction as compared to the market. If Nuveen Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Floating is generally in the same direction as the market. If Beta > 1 Nuveen Floating moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Floating November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen Floating's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5208 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 2.3 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.9227 |
Other Information on Investing in Nuveen Fund
Nuveen Floating financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Floating security.
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