Nuveen High Financials
| NHMAX Fund | USD 15.09 0.04 0.27% |
Nuveen |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen High Fund Summary
Nuveen High competes with Oppenheimer Rochester, Oppenheimer Rochester, Nuveen All-american, Invesco High, and Nuveen High. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests significantly in lower-quality long-term municipal bonds and may employ effective leverage through investments in inverse floaters.Specialization | High Yield Muni, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US67065Q7491 |
| Business Address | Nuveen Municipal Trust |
| Mutual Fund Family | Nuveen |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 800 257 8787 |
| Currency | USD - US Dollar |
Nuveen High Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen High's current stock value. Our valuation model uses many indicators to compare Nuveen High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen High competition to find correlations between indicators driving Nuveen High's intrinsic value. More Info.Nuveen High Yield is regarded second largest fund in price to earning among similar funds. It also is regarded second largest fund in price to book among similar funds fabricating about 0.83 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen High Yield is roughly 1.21 . 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 High's earnings, one of the primary drivers of an investment's value.Nuveen High Yield Systematic Risk
Nuveen High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nuveen High Yield correlated with the market. If Beta is less than 0 Nuveen High generally moves in the opposite direction as compared to the market. If Nuveen High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen High is generally in the same direction as the market. If Beta > 1 Nuveen High moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen High November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen High's daily price indicators and compare them against related drivers.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.28 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.6135 |
Other Information on Investing in Nuveen Mutual Fund
Nuveen High financial ratios help investors to determine whether Nuveen Mutual 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 High security.
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