Christopher Rohrbacher - Nuveen Floating Vice President Assistant Secretary
JRODelisted Fund | USD 7.83 0.05 0.64% |
Age | 50 |
Tenure | 16 years |
Phone | 312 917 7700 |
Web | https://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=JRO |
Christopher Rohrbacher Latest Insider Activity
Tracking and analyzing the buying and selling activities of Christopher Rohrbacher against Nuveen Floating fund is an integral part of due diligence when investing in Nuveen Floating. Christopher Rohrbacher insider activity provides valuable insight into whether Nuveen Floating is net buyers or sellers over its current business cycle. Note, Nuveen Floating insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen Floating'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Christopher Rohrbacher over three months ago Insider Trading |
Nuveen Floating Management Performance (%)
The company has Return on Asset of 2.39 % which means that on every $100 spent on assets, it made $2.39 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (2.65) %, meaning that it generated no profit with money invested by stockholders. Nuveen Floating's management efficiency ratios could be used to measure how well Nuveen Floating manages its routine affairs as well as how well it operates its assets and liabilities.Nuveen Floating Rate has 237.16 M in debt with debt to equity (D/E) ratio of 0.63, which is OK given its current industry classification. Nuveen Floating Rate has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen Floating until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Floating'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 Floating Rate 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 Floating's use of debt, we should always consider it together with cash and equity.
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Management Performance
Return On Equity | -2.65 | |||
Return On Asset | 2.39 |
Nuveen Floating Rate Leadership Team
Elected by the shareholders, the Nuveen Floating's board of directors comprises two types of representatives: Nuveen Floating 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 Floating's management team and ensure that shareholders' interests are well served. Nuveen Floating'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 Floating'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, Chief Compliance Officer, Vice President | ||
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 Floating 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 | -2.65 | |||
Return On Asset | 2.39 | |||
Profit Margin | (33.43) % | |||
Operating Margin | 81.92 % | |||
Current Valuation | 548.67 M | |||
Shares Outstanding | 40.54 M | |||
Shares Owned By Insiders | 0.02 % | |||
Shares Owned By Institutions | 33.78 % | |||
Number Of Shares Shorted | 56.22 K | |||
Price To Earning | 9.31 X |
Pair Trading with Nuveen Floating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Floating will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Fund
0.65 | KINAX | Kinetics Internet | PairCorr |
0.62 | KNPCX | Kinetics Paradigm | PairCorr |
0.62 | WWNPX | Kinetics Paradigm | PairCorr |
Moving against Nuveen Fund
0.74 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.66 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
0.56 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
0.52 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
0.51 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to Nuveen Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Floating Rate to buy it.
The correlation of Nuveen Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 metropolitan statistical area. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Floating Rate 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 Floating's history and understand the potential risks before investing.
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