Nuveen Municipal Credit Fund Manager Performance Evaluation
| NZF Fund | USD 13.03 0.08 0.62% |
The fund secures a Beta (Market Risk) of 0.0529, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Municipal 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 Municipal Credit are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. Despite nearly stable basic indicators, Nuveen Municipal is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders.
...more1 | NZF Profitability Rank 4 - GuruFocus.com | 11/20/2024 |
| Expense Ratio | 1.6000 |
Nuveen |
Nuveen Municipal Relative Risk vs. Return Landscape
If you would invest 1,256 in Nuveen Municipal Credit on September 3, 2024 and sell it today you would earn a total of 47.00 from holding Nuveen Municipal Credit or generate 3.74% return on investment over 90 days. Nuveen Municipal Credit is generating 0.0588% of daily returns assuming volatility of 0.5368% 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 Municipal Current Valuation
Fairly Valued
Today
Please note that Nuveen Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Municipal Credit secures a last-minute Real Value of $12.95 per share. The latest price of the fund is $13.03. We determine the value of Nuveen Municipal Credit from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend locking in undervalued funds and disposing 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 Municipal Credit. Since Nuveen Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Municipal'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 13.03 | Real 12.95 | Hype 13.03 | Naive 13.13 |
The real value of Nuveen Fund, also known as its intrinsic value, is the underlying worth of Nuveen Municipal Credit Fund, which is reflected in its stock price. It is based on Nuveen Municipal's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nuveen Municipal'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 Municipal Credit 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 Municipal more accurately as focusing exclusively on Nuveen Municipal's fundamentals will not take into account other important factors: Nuveen Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Municipal's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Municipal Credit, and traders can use it to determine the average amount a Nuveen Municipal'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 = 0.1096
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Estimated Market Risk
| 0.54 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 Municipal 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 Municipal by adding it to a well-diversified portfolio.
Nuveen Municipal Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Municipal, and Nuveen Municipal 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 | -11.9 | |||
| Return On Asset | 2.07 | |||
| Profit Margin | (180.36) % | |||
| Operating Margin | 82.37 % | |||
| Current Valuation | 2.9 B | |||
| Shares Outstanding | 142.13 M | |||
| Price To Earning | 148.89 X | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 11.67 X | |||
| Revenue | 146.82 M | |||
| Cash And Equivalents | 6.15 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 1.38 B | |||
| Debt To Equity | 0.68 % | |||
| Book Value Per Share | 15.96 X | |||
| Cash Flow From Operations | 124.35 M | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 800.42 M | |||
| Retained Earnings | (85.75 M) | |||
About Nuveen Municipal Performance
By analyzing Nuveen Municipal's fundamental ratios, stakeholders can gain valuable insights into Nuveen Municipal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen Municipal 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 Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nuveen Municipal Credit 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 rated BaaBBB or better 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 National Municipal Bond Index. It was formerly known as Nuveen Enhanced Municipal Credit Opportunities Fund. Nuveen Municipal Credit Income Fund was formed on March 21, 2001 and is domiciled in the United States.Things to note about Nuveen Municipal Credit performance evaluation
Checking the ongoing alerts about Nuveen Municipal for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Municipal Credit 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: NZF Profitability Rank 4 - GuruFocus.com | |
| The fund generated three year return of -3.0% |
- Analyzing Nuveen Municipal'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 Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Municipal'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 Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Municipal's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Municipal's fund. These opinions can provide insight into Nuveen Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Fund
Nuveen Municipal 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 Municipal security.
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