Nuveen Floating Rate Fund Manager Performance Evaluation
| JFR Fund | USD 8.99 0.04 0.45% |
The fund secures a Beta (Market Risk) of 0.0246, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Floating is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Floating Rate are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. Even with relatively invariable technical and fundamental indicators, Nuveen Floating is not utilizing all of its potentials. The newest stock price agitation, may contribute to short-term losses for the retail investors.
...more1 | JFR stock touches 52-week high at 8.89 amid market shifts - Investing.com | 09/03/2024 |
2 | Nuveen Floating Rate Income Fund trustee Moschner sells 175,400 in stock - Investing.com | 10/02/2024 |
3 | Heres How Much Robert F. Kennedy Jr. Is Worth - Forbes | 11/14/2024 |
| Expense Ratio | 1.9900 |
Nuveen |
Nuveen Floating Relative Risk vs. Return Landscape
If you would invest 849.00 in Nuveen Floating Rate on August 27, 2024 and sell it today you would earn a total of 50.00 from holding Nuveen Floating Rate or generate 5.89% return on investment over 90 days. Nuveen Floating Rate is generating 0.0908% of daily returns assuming volatility of 0.524% 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 Floating Current Valuation
Fairly Valued
Today
Please note that Nuveen Floating's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Floating Rate secures a last-minute Real Value of $8.93 per share. The latest price of the fund is $8.99. We determine the value of Nuveen Floating Rate from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend buying undervalued funds and selling 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 Floating Rate. Since Nuveen Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Floating'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 8.99 | Real 8.93 | Hype 8.99 | Naive 9.09 |
The intrinsic value of Nuveen Floating'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, news, and other external factors that may influence Nuveen Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Floating Rate 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 Floating more accurately as focusing exclusively on Nuveen Floating's fundamentals will not take into account other important factors: Nuveen Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Floating's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Floating Rate, and traders can use it to determine the average amount a Nuveen Floating'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 = 0.1733
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| Cash | JFR | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nuveen Floating is performing at about 13% 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 Floating by adding it to a well-diversified portfolio.
Nuveen Floating Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Floating, and Nuveen Floating 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 | -2.67 | ||||
| Return On Asset | 2.32 | ||||
| Profit Margin | (33.89) % | ||||
| Operating Margin | 79.88 % | ||||
| Current Valuation | 679.52 M | ||||
| Shares Outstanding | 56.92 M | ||||
| Price To Earning | 10.51 X | ||||
| Price To Book | 0.82 X | ||||
| Price To Sales | 10.80 X | ||||
| Revenue | 44.27 M | ||||
| Cash And Equivalents | 2.45 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 234.59 M | ||||
| Debt To Equity | 0.44 % | ||||
| Book Value Per Share | 10.20 X | ||||
| Cash Flow From Operations | 46.28 M | ||||
| Earnings Per Share | (0.14) X | ||||
About Nuveen Floating Performance
Assessing Nuveen Floating's fundamental ratios provides investors with valuable insights into Nuveen Floating's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nuveen Floating is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.Things to note about Nuveen Floating Rate performance evaluation
Checking the ongoing alerts about Nuveen Floating for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Floating Rate 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: Heres How Much Robert F. Kennedy Jr. Is Worth - Forbes |
- Analyzing Nuveen Floating'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 Floating's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Floating'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 Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Floating's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Floating's fund. These opinions can provide insight into Nuveen Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Fund
Nuveen Floating 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 Floating security.
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