Nuveen Diversified Dividend Fund Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

In accordance with the recently published financial statements, Nuveen Diversified Dividend has a Current Ratio of 0.07 times. This is 98.27% lower than that of the Financial Services family and 98.53% lower than that of the Asset Management category. The current ratio for all United States funds is 96.76% higher than that of the company.

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 various price indices. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

If you are still planning to invest in Nuveen Diversified 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 Diversified's history and understand the potential risks before investing.