Carole Stone - Nuveen California Independent Director

NXC Stock  USD 13.60  0.13  0.95%   

Director

Ms. Carole E. Stone serves as Independent Director of Nuveen California Select TaxFree Income Portfolio. Ms.Stone retired from the New York State Division of the Budget in 2004, having served as its Director for nearly five years and as Deputy Director from 1995 through 1999. Ms.Stone is currently on the Board of Directors of the Chicago Board Options Exchange, CBOE Holdings, Inc. and C2 Options Exchange, Incorporated. She has also served as the Chair of the New York Racing Association Oversight Board, as Chair of the Public Authorities Control Board, as a Commissioner on the New York State Commission on Public Authority Reform and as a member of the boards of directors of several New York State public authorities. Ms.Stone has a Bachelor of Arts in Business Administration from Skidmore College. Ms.Stone joined the Board in 2006. since 2007.
Age 74
Tenure 17 years
Address 333 West Wacker Drive, Chicago, IL, United States, 60606-1220
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?F
Stone has a Bachelor of Arts in Business Administration from Skidmore College.

Nuveen California Management Efficiency

The company has Return on Asset of 0.0239 % which means that on every $100 spent on assets, it made $0.0239 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0579 %, implying that it generated $0.0579 on every 100 dollars invested. Nuveen California's management efficiency ratios could be used to measure how well Nuveen California manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.06. The current year's Return On Capital Employed is expected to grow to 0.03. At present, Nuveen California's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.06, whereas Net Tangible Assets are forecasted to decline to about 104 M.
Nuveen California Select has 375.24 K in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Nuveen California Select has a current ratio of 2.82, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nuveen to invest in growth at high rates of return.
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States. Nuveen California is traded on New York Stock Exchange in the United States. Nuveen California Select (NXC) is traded on New York Stock Exchange in USA. It is located in 333 West Wacker Drive, Chicago, IL, United States, 60606-1220 and employs 34 people. Nuveen California is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Nuveen California Select Leadership Team

Elected by the shareholders, the Nuveen California's board of directors comprises two types of representatives: Nuveen California inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen California's management team and ensure that shareholders' interests are well served. Nuveen California's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen California's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Winget, Vice President Assistant Secretary
Robert Young, Independent Director
E Wickerham, Vice President Controller
Deann Morgan, Vice President
Jack Evans, Independent Director
David Lamb, Chief Administrative Officer
Mark Czarniecki, Vice President Assistant Secretary
Cedric Antosiewicz, Chief Administrative Officer
Judith Stockdale, Independent Director
Scott Romans, Portfolio Mang
William Siffermann, Vice President
William Meyers, Vice President
Michael Perry, Vice President
Jacques Longerstaey, Vice President
Matthew Thornton, Independent Director
Margaret Wolff, Independent Director
Brian Lockhart, Vice President
Margo Cook, Vice President
Joel Slager, Vice President Assistant Secretary
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Chief Compliance Officer, Vice President
Nathaniel Jones, Vice President Treasurer
Terence Toth, Independent Chairman of the Board
Carole Stone, Independent Director
Jon Meissner, Vice President, Assistant Secretary
Christopher Rohrbacher, Vice President Assistant Secretary
Joanne Medero, Independent Director
Walter Kelly, Vice President, Chief Compliance Officer
John Nelson, Independent Director
Albin Moschner, Independent Director
Amy Lancellotta, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
William Hunter, Independent Director
Tina Lazar, Vice President

Nuveen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nuveen California a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen California Select. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen California. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.302
Earnings Share
0.85
Revenue Per Share
0.581
Quarterly Revenue Growth
0.016
Return On Assets
0.0239
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.