Nuveen Arizona Financials
| FAZTX Fund | USD 10.25 0.01 0.1% |
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 Arizona Fund Summary
Nuveen Arizona competes with Maryland Tax, Maryland Tax-free, Virginia Tax-free, and Virginia Tax. Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the funds sub-adviser to be of comparable quality. The fund may invest up to 20 percent of its net assets in below investment grade municipal bonds, commonly referred to as high yield or junk bonds.Specialization | Muni Single State Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | CO John Nuveen |
| Mutual Fund Family | Nuveen |
| Mutual Fund Category | Muni Single State Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 257 8787 |
| Currency | USD - US Dollar |
Nuveen Arizona Key Financial Ratios
NUVEEN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Arizona's current stock value. Our valuation model uses many indicators to compare Nuveen Arizona value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Arizona competition to find correlations between indicators driving Nuveen Arizona's intrinsic value. More Info.Nuveen Arizona Municipal is rated # 3 fund in annual yield among similar funds. It is rated # 5 fund in year to date return among similar funds creating about 443.61 of Year To Date Return per Annual Yield. 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 Arizona's earnings, one of the primary drivers of an investment's value.Nuveen Arizona Municipal Systematic Risk
Nuveen Arizona's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Arizona 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Nuveen Arizona Municipal correlated with the market. If Beta is less than 0 Nuveen Arizona generally moves in the opposite direction as compared to the market. If Nuveen Arizona Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Arizona Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Arizona is generally in the same direction as the market. If Beta > 1 Nuveen Arizona moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Arizona Thematic Clasifications
Nuveen Arizona Municipal is part of several thematic ideas from Money Market Funds to Munis Funds. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNuveen Arizona Municipal is rated # 5 fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Long category is currently estimated at about 7.2 Billion. Nuveen Arizona holds roughly 173.65 Million in net asset claiming about 2.41% of funds under Muni Single State Long category.Nuveen Arizona November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Arizona help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Arizona Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Arizona Municipal 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 Arizona's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3536 | |||
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.38 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.3949 |
Other Information on Investing in NUVEEN Mutual Fund
Nuveen Arizona 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 Arizona security.
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