Nuveen Dividend Advantage Fund Manager Performance Evaluation
| NAD Fund | USD 12.29 0.06 0.49% |
The fund secures a Beta (Market Risk) of 0.0309, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Dividend is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Dividend Advantage are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather sound basic indicators, Nuveen Dividend is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
...more1 | NAD Reports Stable Finances Leaders Call For More Local Funding - Spectrum Magazine | 11/08/2024 |
| Expense Ratio | 1.4100 |
Nuveen |
Nuveen Dividend Relative Risk vs. Return Landscape
If you would invest 1,182 in Nuveen Dividend Advantage on September 2, 2024 and sell it today you would earn a total of 47.00 from holding Nuveen Dividend Advantage or generate 3.98% return on investment over 90 days. Nuveen Dividend Advantage is generating 0.0624% of daily returns assuming volatility of 0.5489% on return distribution over 90 days investment horizon. In other words, 4% of funds are less volatile than Nuveen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nuveen Dividend Current Valuation
Fairly Valued
Today
Please note that Nuveen Dividend's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Dividend Advantage secures a last-minute Real Value of $12.22 per share. The latest price of the fund is $12.29. We determine the value of Nuveen Dividend Advantage from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Nuveen fund is determined by what a typical buyer is willing to pay for full or partial control of Nuveen Dividend Advantage. Since Nuveen Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Dividend's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.29 | Real 12.22 | Hype 12.29 | Naive 12.34 |
The real value of Nuveen Fund, also known as its intrinsic value, is the underlying worth of Nuveen Dividend Advantage Fund, which is reflected in its stock price. It is based on Nuveen Dividend's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nuveen Dividend's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Nuveen Dividend Advantage helps investors to forecast how Nuveen fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Dividend more accurately as focusing exclusively on Nuveen Dividend's fundamentals will not take into account other important factors: Nuveen Dividend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Dividend's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Dividend Advantage, and traders can use it to determine the average amount a Nuveen Dividend's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1137
| Best Portfolio | Best Equity | |||
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| Cash | NAD | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nuveen Dividend is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Dividend by adding it to a well-diversified portfolio.
Nuveen Dividend Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Dividend, and Nuveen Dividend fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Fund performance.
| Return On Equity | -13.0 | ||||
| Return On Asset | 1.94 | ||||
| Profit Margin | (210.68) % | ||||
| Operating Margin | 81.81 % | ||||
| Current Valuation | 4.63 B | ||||
| Shares Outstanding | 233.4 M | ||||
| Price To Earning | 24.40 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 12.80 X | ||||
| Revenue | 216.19 M | ||||
| Cash And Equivalents | 2.25 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.14 B | ||||
| Debt To Equity | 0.67 % | ||||
| Book Value Per Share | 15.75 X | ||||
| Cash Flow From Operations | 175.76 M | ||||
| Earnings Per Share | 0.49 X | ||||
About Nuveen Dividend Performance
By analyzing Nuveen Dividend's fundamental ratios, stakeholders can gain valuable insights into Nuveen Dividend's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen Dividend has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Dividend has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard Poors . The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.Things to note about Nuveen Dividend Advantage performance evaluation
Checking the ongoing alerts about Nuveen Dividend for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Dividend Advantage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: NAD Reports Stable Finances Leaders Call For More Local Funding - Spectrum Magazine | |
| The fund generated three year return of -2.0% |
- Analyzing Nuveen Dividend's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Dividend's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Dividend's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Dividend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Dividend's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Dividend's fund. These opinions can provide insight into Nuveen Dividend's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Fund
Nuveen Dividend 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 Dividend security.
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