Kevin McCarthy - Nuveen Preferred Vice President, Assistant Secretary
Kevin McCarthy is Fund Manager at Nuveen Preferred Securites
Mr. Kevin J. McCarthy serves as Vice President, Secretary of Nuveen Quality Preferred Income Fund 2. He has served as Managing Director and Assistant Secretary of Nuveen Securities, LLC and Nuveen Investments, Inc. Managing Director, Assistant Secretary and CoGeneral Counsel of Nuveen Fund Advisors, LLC Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC Managing Director and Assistant Secretary of Nuveen Investments Holdings, Inc. and Nuveen Investments Advisers Inc. Vice President and Assistant Secretary of NWQ Investment Management Company, LLC, NWQ Holdings, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC and Winslow Capital Management, LLC Vice President and Assistant Secretary of Nuveen Commodities Asset Management, LLC.
| Age | 55 |
| Tenure | 8 years |
| Phone | 203-322-0189 |
| Web | https://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=JPS |
Kevin McCarthy Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kevin McCarthy against Nuveen Preferred fund is an integral part of due diligence when investing in Nuveen Preferred. Kevin McCarthy insider activity provides valuable insight into whether Nuveen Preferred is net buyers or sellers over its current business cycle. Note, Nuveen Preferred insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen Preferred'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kevin McCarthy over a month ago Insider Trading |
Nuveen Preferred Management Performance (%)
The company has Return on Asset of 2.75 % which means that on every $100 spent on assets, it made $2.75 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (11.77) %, meaning that it generated no profit with money invested by stockholders. Nuveen Preferred's management efficiency ratios could be used to measure how well Nuveen Preferred manages its routine affairs as well as how well it operates its assets and liabilities.Nuveen Preferred Securites has 1.04 B in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. Nuveen Preferred Sec has a current ratio of 0.09, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen Preferred until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Preferred's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen Preferred Sec sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen Preferred's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -11.77 | |||
| Return On Asset | 2.75 |
Nuveen Preferred Sec Leadership Team
Elected by the shareholders, the Nuveen Preferred's board of directors comprises two types of representatives: Nuveen Preferred inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen Preferred's management team and ensure that shareholders' interests are well served. Nuveen Preferred's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen Preferred's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Winget, Vice President Assistant Secretary | ||
| Robert Young, Independent Director | ||
| E Wickerham, Vice President Controller | ||
| Deann Morgan, Vice President | ||
| Jack Evans, Independent Director | ||
| David Lamb, Chief Administrative Officer | ||
| Mark Czarniecki, Vice President Assistant Secretary | ||
| Cedric Antosiewicz, Chief Administrative Officer | ||
| Judith Stockdale, Independent Director | ||
| William Siffermann, Vice President | ||
| William Meyers, Vice President | ||
| Michael Perry, Vice President | ||
| Jacques Longerstaey, Vice President | ||
| Matthew Thornton, Independent Director | ||
| Margaret Wolff, Independent Director | ||
| Brian Lockhart, Vice President | ||
| Diana Gonzalez, Vice President Assistant Secretary | ||
| Gifford Zimmerman, Chief Compliance Officer, Vice President | ||
| Nathaniel Jones, Vice President Treasurer | ||
| Terence Toth, Independent Chairman of the Board | ||
| Carole Stone, Independent Director | ||
| Jon Meissner, Vice President, Assistant Secretary | ||
| Christopher Rohrbacher, Vice President Assistant Secretary | ||
| Walter Kelly, Vice President, Chief Compliance Officer | ||
| John Nelson, Independent Director | ||
| Albin Moschner, Independent Director | ||
| Kevin McCarthy, Vice President, Assistant Secretary | ||
| William Hunter, Independent Director | ||
| Tina Lazar, Vice President |
Nuveen Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen Preferred a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -11.77 | |||
| Return On Asset | 2.75 | |||
| Profit Margin | (139.21) % | |||
| Operating Margin | 84.10 % | |||
| Current Valuation | 2.44 B | |||
| Shares Outstanding | 204.76 M | |||
| Shares Owned By Institutions | 19.24 % | |||
| Number Of Shares Shorted | 77.88 K | |||
| Price To Earning | 163.72 X | |||
| Price To Book | 0.73 X |
Thematic Opportunities
Explore Investment Opportunities
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Preferred Sec check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Preferred's history and understand the potential risks before investing.
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