Nuveen Municipal Valuation
| NZF Fund | USD 12.11 0.11 0.90% |
At this time, the fund appears to be fairly valued. Nuveen Municipal Credit secures a last-minute Real Value of $12.15 per share. The latest price of the fund is $12.11. 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.
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 $12.15 per share. The latest price of the fund is $12.11. 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 12.11 | Real 12.15 | Hype 12.11 | Naive 12.07 |
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 Total Value Analysis
Nuveen Municipal Credit is now forecasted to have company total value of 2.9 B with market capitalization of 1.89 B, debt of 1.38 B, and cash on hands of 6.15 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Nuveen Municipal fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
2.9 B | 1.89 B | 1.38 B | 6.15 M |
Nuveen Municipal Investor Information
The fund last dividend was 0.61 per share. Nuveen Municipal Credit is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April.Nuveen Municipal Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nuveen Municipal has an asset utilization ratio of 18.34 percent. This implies that the Fund is making $0.18 for each dollar of assets. An increasing asset utilization means that Nuveen Municipal Credit is more efficient with each dollar of assets it utilizes for everyday operations.Nuveen Municipal Ownership Allocation
Nuveen Municipal Credit maintains a total of 142.13 Million outstanding shares. Roughly 83.8 % of Nuveen Municipal outstanding shares are held by general public with 16.2 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen Municipal Profitability Analysis
The company reported the last year's revenue of 146.82 M. Reported Net Loss for the year was (264.8 M) with profit before taxes, overhead, and interest of 150.13 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Nuveen Municipal's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Nuveen Municipal and how it compares across the competition.
About Nuveen Municipal Valuation
The fund valuation mechanism determines Nuveen Municipal's current worth on a weekly basis. Our valuation model uses a comparative analysis of Nuveen Municipal. We calculate exposure to Nuveen Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen Municipal's related companies.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.
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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