Robert Young - Nuveen New Independent Director

NXJ Fund  USD 12.48  0.11  0.89%   
Robert Young is Fund Manager at Nuveen New Jersey
Mr. Robert L. Young serves as Independent Director of the company. Mr. Young has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held various positions with J.P. Morgan Investment Management Inc. and its affiliates . Most recently, he served as Chief Operating Officer and Director of J.P. Morgan Investment and as President and Principal Executive Officer of the J.P. Morgan Funds . As Chief Operating Officer of J.P. Morgan Investment, Mr. Young led service, administration and business platform support activities for J.P. Morgans domestic retail mutual fund and institutional commingled and separate account businesses, and coled these activities for J.P. Morgans global retail and institutional investment management businesses. As President of the J.P. Morgan Funds, Mr. Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly involved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr. Young, a former Certified Public Accountant, was a Senior Manager with Deloitte Touche LLP, where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firms midwestern mutual fund practice
Age 57
Tenure 7 years
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NXJ&refsrc=vu_nuveen.com/nxj
Young holds a Bachelor of Business Administration degree in Accounting from the University of Dayton and, from 2008 to 2011, he served on the Investment Committee of its Board of Trustees.

Robert Young Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Young against Nuveen New fund is an integral part of due diligence when investing in Nuveen New. Robert Young insider activity provides valuable insight into whether Nuveen New is net buyers or sellers over its current business cycle. Note, Nuveen New insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen New'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Nuveen New Management Performance (%)

The company has Return on Asset of 1.93 % which means that on every $100 spent on assets, it made $1.93 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.55) %, meaning that it generated no profit with money invested by stockholders. Nuveen New's management efficiency ratios could be used to measure how well Nuveen New manages its routine affairs as well as how well it operates its assets and liabilities.
Nuveen New Jersey has 346.53 M in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Nuveen New Jersey has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen New until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen New Jersey sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen New's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Found 6 records

One Year Return

Judith StockdaleNuveen Core Equity
74
John NelsonNuveen Core Equity
59
Albin MoschnerNuveen Core Equity
69
Jack EvansNuveen Core Equity
73
Carole StoneNuveen Core Equity
74
William HunterNuveen Core Equity
73
Nuveen New Jersey Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen New Jersey Quality Municipal Income Fund was formed on June 1, 1999 and is domiciled in the United States. Nuveen New is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Nuveen New Jersey Leadership Team

Elected by the shareholders, the Nuveen New's board of directors comprises two types of representatives: Nuveen New 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 New's management team and ensure that shareholders' interests are well served. Nuveen New'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 New'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
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
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, Chief Compliance Officer, Vice President
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 Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen New 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Nuveen Fund

Nuveen New 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 New security.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
FinTech Suite
Use AI to screen and filter profitable investment opportunities