Kevin McCarthy - Nuveen Pennsylvania Vice President, Assistant Secretary

NQP Fund  USD 11.98  0.14  1.18%   
Kevin McCarthy is Fund Manager at Nuveen Pennsylvania Quality
Mr. Kevin J. McCarthy is Vice President, Assistant Secretary of Nuveen Pennsylvania Investment Quality Municipal Fund. He was 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 Advisers Inc. Vice President and Assistant Secretary of NWQ Investment Management Company, 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 7 years
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NQP

Kevin McCarthy Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kevin McCarthy against Nuveen Pennsylvania fund is an integral part of due diligence when investing in Nuveen Pennsylvania. Kevin McCarthy insider activity provides valuable insight into whether Nuveen Pennsylvania is net buyers or sellers over its current business cycle. Note, Nuveen Pennsylvania insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen Pennsylvania'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 Pennsylvania Management Performance (%)

The company has Return on Asset of 1.77 % which means that on every $100 spent on assets, it made $1.77 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.85 %, implying that it generated $1.85 on every 100 dollars invested. Nuveen Pennsylvania's management efficiency ratios could be used to measure how well Nuveen Pennsylvania manages its routine affairs as well as how well it operates its assets and liabilities.
Nuveen Pennsylvania Quality has 331.56 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Nuveen Pennsylvania has a current ratio of 0.05, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen Pennsylvania until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Pennsylvania'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 Pennsylvania 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 Pennsylvania's use of debt, we should always consider it together with cash and equity.

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Nuveen Pennsylvania Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Pennsylvania Quality Municipal Income Fund was formed on December 20, 1990 and is domiciled in the United States. Nuveen Pennsylvania 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 Pennsylvania Leadership Team

Elected by the shareholders, the Nuveen Pennsylvania's board of directors comprises two types of representatives: Nuveen Pennsylvania 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 Pennsylvania's management team and ensure that shareholders' interests are well served. Nuveen Pennsylvania'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 Pennsylvania'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
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, Independent Director
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 Pennsylvania 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.

Pair Trading with Nuveen Pennsylvania

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 Pennsylvania 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 Pennsylvania will appreciate offsetting losses from the drop in the long position's value.

Moving against Nuveen Fund

  0.82FSRBX Banking Portfolio BankingPairCorr
  0.79WCPSX Mobile TelecommunicatioPairCorr
  0.74TEGYX Mid Cap GrowthPairCorr
  0.73VSTSX Vanguard Total StockPairCorr
  0.73VSMPX Vanguard Total StockPairCorr
The ability to find closely correlated positions to Nuveen Pennsylvania 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 Pennsylvania 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 Pennsylvania - 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 Pennsylvania Quality to buy it.
The correlation of Nuveen Pennsylvania 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 Pennsylvania moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Pennsylvania 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 Pennsylvania 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Nuveen Fund

Nuveen Pennsylvania 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 Pennsylvania security.
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