Matthew Thornton - Nuveen California Independent Director

NKX Fund  USD 12.88  0.02  0.16%   
Matthew Thornton is Fund Manager at Nuveen California Amt
Age 63
Tenure 4 years
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NKX

Matthew Thornton Latest Insider Activity

Tracking and analyzing the buying and selling activities of Matthew Thornton against Nuveen California fund is an integral part of due diligence when investing in Nuveen California. Matthew Thornton insider activity provides valuable insight into whether Nuveen California is net buyers or sellers over its current business cycle. Note, Nuveen California insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen California'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Matthew Thornton over six months ago
Insider Trading
 
Matthew Thornton over six months ago
Insider Trading

Nuveen California Management Performance (%)

The company has Return on Asset of 1.7 % which means that on every $100 spent on assets, it made $1.7 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.1) %, meaning that it generated no profit with money invested by stockholders. Nuveen California's management efficiency ratios could be used to measure how well Nuveen California manages its routine affairs as well as how well it operates its assets and liabilities.
Nuveen California Amt has 456.45 M in debt with debt to equity (D/E) ratio of 0.61, which is OK given its current industry classification. Nuveen California Amt has a current ratio of 0.53, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen California until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen California'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 California Amt 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 California's use of debt, we should always consider it together with cash and equity.

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Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States. Nuveen Insured is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Nuveen California Amt Leadership Team

Elected by the shareholders, the Nuveen California's board of directors comprises two types of representatives: Nuveen California 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 California's management team and ensure that shareholders' interests are well served. Nuveen California'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 California'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
Margo Cook, 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
Joanne Medero, Independent Director
Walter Kelly, Chief Compliance Officer, Vice President
John Nelson, Independent Director
Albin Moschner, Independent Director
Amy Lancellotta, 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 California 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.

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Other Information on Investing in Nuveen Fund

Nuveen California 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 California security.
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