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Nuveen Taxable Municipalome Fund (Nuveen Taxable Municipalome Fund) Net Cash per Share : $-7.80 (As of Sep. 2023)


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What is Nuveen Taxable Municipalome Fund Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Nuveen Taxable Municipalome Fund's Net Cash per Share for the quarter that ended in Sep. 2023 was $-7.80.

The historical rank and industry rank for Nuveen Taxable Municipalome Fund's Net Cash per Share or its related term are showing as below:

NBB's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.4
* Ranked among companies with meaningful Price-to-Net-Cash only.

Nuveen Taxable Municipalome Fund Net Cash per Share Historical Data

The historical data trend for Nuveen Taxable Municipalome Fund's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Taxable Municipalome Fund Net Cash per Share Chart

Nuveen Taxable Municipalome Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial -6.29 -8.87 -9.88 -10.57 -7.99

Nuveen Taxable Municipalome Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.57 -10.57 -8.26 -7.99 -7.80

Competitive Comparison of Nuveen Taxable Municipalome Fund's Net Cash per Share

For the Asset Management subindustry, Nuveen Taxable Municipalome Fund's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Taxable Municipalome Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Taxable Municipalome Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Nuveen Taxable Municipalome Fund's Price-to-Net-Cash falls into.



Nuveen Taxable Municipalome Fund Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Nuveen Taxable Municipalome Fund's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Nuveen Taxable Municipalome Fund's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nuveen Taxable Municipalome Fund  (NYSE:NBB) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Nuveen Taxable Municipalome Fund Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Nuveen Taxable Municipalome Fund's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Taxable Municipalome Fund (Nuveen Taxable Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Taxable Municipal Income Fund is a closed-end fund incorporated in the United States. Its primary objective is current income through investments in taxable municipal securities; the secondary objective is to seek enhanced portfolio value and total return. The fund invests primarily in a diversified portfolio of taxable municipal securities.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice Presidenrt 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102

Nuveen Taxable Municipalome Fund (Nuveen Taxable Municipalome Fund) Headlines

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