Nuveen Municipal Financials
NZF Fund | USD 12.69 0.02 0.16% |
Nuveen |
Please note that past performance is not an indicator of the future performance of Nuveen Municipal, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future.
Nuveen Municipal Fund Summary
Nuveen Municipal competes with Nuveen Amt-free, Nuveen Dividend, Nuveen Municipal, Nuveen Municipal, and Nuveen Amt. Nuveen Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities rated BaaBBB or better with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard Poors National Municipal Bond Index. It was formerly known as Nuveen Enhanced Municipal Credit Opportunities Fund. Nuveen Municipal Credit Income Fund was formed on March 21, 2001 and is domiciled in the United States.Specialization | null, Muni National Long |
Instrument | USA Fund View All |
Exchange | New York Stock Exchange |
ISIN | US67070X1019 |
CUSIP | 67070X101 |
Location | Illinois; U.S.A |
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=nzf&refsrc=vu_nuveen.com/nzf |
Phone | 312 917 7700 |
Currency | USD - US Dollar |
Nuveen Municipal Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Municipal's current stock value. Our valuation model uses many indicators to compare Nuveen Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Municipal competition to find correlations between indicators driving Nuveen Municipal's intrinsic value. More Info.Nuveen Municipal Credit is number one fund in price to earning among similar funds. It is regarded fifth largest fund in price to book among similar funds fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Municipal Credit is roughly 195.91 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Municipal 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 Municipal Credit Systematic Risk
Nuveen Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Municipal 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Nuveen Municipal Credit correlated with the market. If Beta is less than 0 Nuveen Municipal generally moves in the opposite direction as compared to the market. If Nuveen Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Municipal Credit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Municipal is generally in the same direction as the market. If Beta > 1 Nuveen Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Municipal November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Municipal Credit. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Municipal Credit 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 Municipal's daily price indicators and compare them against related drivers.
Downside Deviation | 0.6431 | |||
Information Ratio | (0.20) | |||
Maximum Drawdown | 2.47 | |||
Value At Risk | (0.93) | |||
Potential Upside | 0.7075 |
Other Information on Investing in Nuveen Fund
Nuveen Municipal 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 Municipal security.
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