Robert Young - Nuveen New Independent Director
| NXN Stock | USD 11.81 0.07 0.59% |
Director
Mr. Robert L. Young serves as Independent Director of Nuveen New York Select TaxFree Income Portfolio. Mr.Young has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held various positions with J.P. Morgan Investment Management Inc. and its affiliates . Most recently, he served as Chief Operating Officer and Director of J.P. Morgan Investment and as President and Principal Executive Officer of the J.P. Morgan Funds . As Chief Operating Officer of J.P. Morgan Investment, Mr.Young led service, administration and business platform support activities for J.P. Morgans domestic retail mutual fund and institutional commingled and separate account businesses, and coled these activities for J.P. Morgans global retail and institutional investment management businesses. As President of the J.P. Morgan Funds, Mr.Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly involved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr.Young, a former Certified Public Accountant, was a Senior Manager with Deloitte Touche LLP, where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firms midwestern mutual fund practice. Mr.Young holds a Bachelor of Business Administration degree in Accounting from the University of Dayton and, from 2008 to 2011, he served on the Investment Committee of its Board of Trustees. since 2017.
| Age | 58 |
| Tenure | 7 years |
| Professional Marks | CPA |
| Phone | 312 917 7700 |
| Web | https://www.nuveen.com/CEF/Product/Overview.aspx?F |
Robert Young Latest Insider Activity
Tracking and analyzing the buying and selling activities of Robert Young against Nuveen New stock is an integral part of due diligence when investing in Nuveen New. Robert Young insider activity provides valuable insight into whether Nuveen New is net buyers or sellers over its current business cycle. Note, Nuveen New insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen New'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Robert Young over six months ago Acquisition by Robert Young of 50000 shares of Clean Energy at 0.0102 subject to Rule 16b-3 |
Nuveen New Management Efficiency
The company has Return on Asset of 0.0209 % which means that on every $100 spent on assets, it made $0.0209 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0753) %, meaning that it generated no profit with money invested by stockholders. Nuveen New's management efficiency ratios could be used to measure how well Nuveen New manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Steven Bird | Triplepoint Venture Growth | 65 | |
| Jack Evans | Nuveen Massachusetts Quality | 72 | |
| Gregory Summe | State Street Corp | 64 | |
| Maureen Usifer | Liberty All Star | 60 | |
| Dean Junkans | Cohen Steers Qualityome | 61 | |
| Jennifer Morgan | Bank of New | 48 | |
| Samuel Byrne | Affiliated Managers Group | 54 | |
| Sean OSullivan | State Street Corp | 64 | |
| Gilbert Ahye | Triplepoint Venture Growth | 72 | |
| Gerald Maginnis | Cohen Steers Qualityome | 65 | |
| Carole Stone | Nuveen Massachusetts Quality | 73 | |
| Wilhelm Bender | European Equity Closed | 75 | |
| John Ross | Sixth Street Specialty | 74 | |
| Milton Irvin | Liberty All Star | 71 | |
| Richard Goeltz | European Equity Closed | 75 | |
| Lynn Dugle | State Street Corp | 60 | |
| Tracy Palandjian | Affiliated Managers Group | 48 | |
| Elizabeth Robinson | Bank of New | 52 | |
| George Grossman | Cohen Steers Qualityome | 67 | |
| Karen Yerburgh | Affiliated Managers Group | 58 | |
| Friedbert Malt | European Equity Closed | 73 | |
Management Performance
| Return On Equity | -0.0753 | |||
| Return On Asset | 0.0209 |
Nuveen New York Leadership Team
Elected by the shareholders, the Nuveen New's board of directors comprises two types of representatives: Nuveen New 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 New's management team and ensure that shareholders' interests are well served. Nuveen New'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 New'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, Independent Director | ||
| Joel Slager, Vice President Assistant Secretary | ||
| Diana Gonzalez, Vice President Assistant Secretary | ||
| Gifford Zimmerman, Vice President, Chief Complaince Officer | ||
| 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 | ||
| Cathryn Steeves, Portfolio Mang | ||
| Joanne Medero, Independent Director | ||
| Walter Kelly, Vice President, Chief Compliance Officer | ||
| 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 Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nuveen New 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 | -0.0753 | |||
| Return On Asset | 0.0209 | |||
| Profit Margin | 0.46 % | |||
| Operating Margin | 0.90 % | |||
| Current Valuation | 45.67 M | |||
| Shares Outstanding | 3.92 M | |||
| Shares Owned By Institutions | 19.09 % | |||
| Number Of Shares Shorted | 9.53 K | |||
| Price To Earning | 41.99 X | |||
| Price To Book | 0.93 X |
Pair Trading with Nuveen New
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 New 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 New will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
| 0.6 | MULN | Mullen Automotive Upward Rally | PairCorr |
| 0.53 | AHT | Ashford Hospitality Trust | PairCorr |
| 0.41 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.4 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.35 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Nuveen New 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 New 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 New - 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 New York to buy it.
The correlation of Nuveen New 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 New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen New York 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 New 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen New York. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen New. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nuveen New York is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen New's value that differs from its market value or its book value, called intrinsic value, which is Nuveen New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen New's market value can be influenced by many factors that don't directly affect Nuveen New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.