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Nuveen Ohio Quality Municipalome Fund (Nuveen Ohio Quality Municipalome Fund) Scaled Net Operating Assets : 0.57 (As of Aug. 2022)


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What is Nuveen Ohio Quality Municipalome Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Ohio Quality Municipalome Fund's operating assets for the quarter that ended in Aug. 2022 was $438.12 Mil. Nuveen Ohio Quality Municipalome Fund's operating liabilities for the quarter that ended in Aug. 2022 was $168.86 Mil. Nuveen Ohio Quality Municipalome Fund's Total Assets for the quarter that ended in Feb. 2022 was $472.84 Mil. Therefore, Nuveen Ohio Quality Municipalome Fund's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2022 was 0.57.

Nuveen Ohio Quality Municipalome Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Ohio Quality Municipalome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2022 )
=(Operating Assets (A: Feb. 2022 )-Operating Liabilities (A: Feb. 2022 ))/Total Assets (A: Feb. 2021 )
=(471.888-169.012)/488.584
=0.62

where

Operating Assets(A: Feb. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=472.843 - 0.955
=471.888

Operating Liabilities(A: Feb. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=169.012 - 0 - 0
=169.012

Nuveen Ohio Quality Municipalome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2022 )
=(Operating Assets (Q: Aug. 2022 )-Operating Liabilities (Q: Aug. 2022 ))/Total Assets (Q: Feb. 2022 )
=(438.12-168.855)/472.843
=0.57

where

Operating Assets(Q: Aug. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=438.12 - 0
=438.12

Operating Liabilities(Q: Aug. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=169.109 - 0.254 - 0
=168.855

* 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.

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Nuveen Ohio Quality Municipalome Fund (Nuveen Ohio Quality Municipalome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Ohio Quality Municipal Income Fund is a closed-end management investment company based in the United States. Its primary objective is to provide current income exempt from both regular federal income taxes and Ohio personal income taxes. The fund's secondary objective is the enhancement of portfolio value relative to the Ohio municipal bond market through investments in tax-exempt Ohio Municipal Obligations that, in the opinion of the Fund's investment adviser are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
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
Lancellotta Amy B.r. other: Trustee 333 W. 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
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
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William J Schneider director 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606