William Hunter - Nuveen New Independent Director
| NXN Stock | USD 11.85 0.07 0.59% |
Director
Dr. William Curt Hunter serves as Independent Director of Nuveen New York Select TaxFree Income Portfolio. Mr.Hunter became Dean Emeritus of the Henry B. Tippie College of Business at the University of Iowa on June30, 2012. He was appointed Dean of the College on July1, 2006. He was previously Dean and Distinguished Professor of Finance at the University of Connecticut School of Business from 2003 to 2006. From 1995 to 2003, he was the Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago. While there he served as the Banks Chief Economist and was an Associate Economist on the Federal Reserve Systems Federal Open Market Committee . In addition to serving as a Vice President in charge of financial markets and basic research at the Federal Reserve Bank in Atlanta, he held faculty positions at Emory University, Atlanta University, the University of Georgia and Northwestern University. A past Director of the Credit Research Center at Georgetown University, SSC Technologies, Inc. and past President of the Financial Management Association International, he has consulted with numerous foreign central banks and official agencies in Western, Central and Eastern Europe, Asia, Central America and South America. From 1990 to 1995, he was a U.S. Treasury Advisor to Central and Eastern Europe. He was a Director of the Xerox Corporation since 2004 and Wellmark, Inc. since 2009. He is a past Director and past President of Beta Gamma Sigma, Inc., The International Business Honor Society. Mr.Hunter joined the Board in 2004. since 2004.
| Age | 73 |
| Tenure | 21 years |
| Professional Marks | Ph.D |
| Phone | 312 917 7700 |
| Web | https://www.nuveen.com/CEF/Product/Overview.aspx?F |
Nuveen New Management Efficiency
The company has Return on Asset of 0.0209 % which means that on every $100 spent on assets, it made $0.0209 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0753) %, 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.Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Daniel Cronin | Western Asset Municipal | 74 | |
| Reuben Jeffery | Affiliated Managers Group | 66 | |
| William Meaney | State Street Corp | 60 | |
| Gerald Maginnis | Cohen Steers Qualityome | 65 | |
| George Gaspari | Liberty All Star | 80 | |
| William Hutchinson | Western Asset Municipal | 78 | |
| Jide Zeitlin | Affiliated Managers Group | 55 | |
| Samuel Byrne | Affiliated Managers Group | 54 | |
| Marie Chandoha | State Street Corp | 58 | |
| Margo Cook | Nuveen Massachusetts Quality | 55 | |
| Lynn Dugle | State Street Corp | 60 | |
| Glenn Earle | Affiliated Managers Group | 61 | |
| Hurley Doddy | Sixth Street Specialty | 56 | |
| Richard Sergel | State Street Corp | 71 | |
| David JD | Sixth Street Specialty | 53 | |
| Frank Fahrenkopf | Gabelli Equity Trust | 80 | |
| Sara Mathew | State Street Corp | 65 | |
| Judith Stockdale | Nuveen Amt Free Municipal | 74 | |
| Jack Evans | Nuveen Massachusetts Quality | 72 | |
| Stephen Cassani | Triplepoint Venture Growth | 53 | |
| Patrick SaintAignan | State Street Corp | 71 | |
Management Performance
| Return On Equity | -0.0753 | ||||
| Return On Asset | 0.0209 |
Nuveen New York 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, Independent Director | ||
| Joel Slager, Vice President Assistant Secretary | ||
| Diana Gonzalez, Vice President Assistant Secretary | ||
| Gifford Zimmerman, Vice President, Chief Complaince Officer | ||
| 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 | ||
| Cathryn Steeves, Portfolio Mang | ||
| 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 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.
| Return On Equity | -0.0753 | ||||
| Return On Asset | 0.0209 | ||||
| Profit Margin | 0.46 % | ||||
| Operating Margin | 0.90 % | ||||
| Current Valuation | 45.67 M | ||||
| Shares Outstanding | 3.92 M | ||||
| Shares Owned By Institutions | 19.09 % | ||||
| Number Of Shares Shorted | 9.53 K | ||||
| Price To Earning | 41.99 X | ||||
| Price To Book | 0.93 X |
Pair Trading with Nuveen New
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen New will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
The ability to find closely correlated positions to Nuveen New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen New York to buy it.
The correlation of Nuveen New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen New York moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen New York. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 New. 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 New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nuveen New York 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 New's value that differs from its market value or its book value, called intrinsic value, which is Nuveen New'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 New's market value can be influenced by many factors that don't directly affect Nuveen New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen New'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.