Nuveen Preferred Income Fund Fundamentals

JPC Fund  USD 8.08  0.05  0.62%   
Nuveen Preferred Income fundamentals help investors to digest information that contributes to Nuveen Preferred's financial success or failures. It also enables traders to predict the movement of Nuveen Fund. The fundamental analysis module provides a way to measure Nuveen Preferred's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Preferred fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nuveen Preferred Income Fund Price To Book Analysis

Nuveen Preferred's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Nuveen Preferred Price To Book

    
  0.78 X  
Most of Nuveen Preferred's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Preferred Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Based on the latest financial disclosure, Nuveen Preferred Income has a Price To Book of 0.78 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to book for all United States funds is notably lower than that of the firm.

Nuveen Preferred Income Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Preferred's current stock value. Our valuation model uses many indicators to compare Nuveen Preferred value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Preferred competition to find correlations between indicators driving Nuveen Preferred's intrinsic value. More Info.
Nuveen Preferred Income is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about  0.06  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Preferred Income is roughly  17.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen Preferred's earnings, one of the primary drivers of an investment's value.

Nuveen Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Preferred's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Preferred could also be used in its relative valuation, which is a method of valuing Nuveen Preferred by comparing valuation metrics of similar companies.
Nuveen Preferred is currently under evaluation in price to book among similar funds.

Nuveen Fundamentals

About Nuveen Preferred Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Preferred Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Preferred using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Preferred Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Nuveen Preferred Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in preferred securities, dividend paying stocks of companies, and corporate and taxable municipal debt securities which are rated BBBBaa or better by SP, Moodys, or Fitch. The fund employs fundamental analysis with a top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the BofAMerrill Lynch Preferred Stock Fixed Rate Index and the JPC Blended Index which is comprised of 82.5 percent BofAMerrill Lynch Preferred Stock Fixed Rate Index and 17.5 percent Barclays Capital Securities Index. The fund was formerly known as Nuveen Preferred Income Opportunities Fund. Nuveen Preferred Income Opportunities Fund was formed on March 26, 2003 and is domiciled in the United States.

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Other Information on Investing in Nuveen Fund

Nuveen Preferred 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 Preferred security.
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