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Nuveen Pennsylvania Quality Municipalome Fund (Nuveen Pennsylvania Quality Municipalome Fund) Total Assets

: $830.97 Mil (As of Aug. 2023)
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Nuveen Pennsylvania Quality Municipalome Fund's Total Assets for the quarter that ended in Aug. 2023 was $830.97 Mil.

During the past 12 months, Nuveen Pennsylvania Quality Municipalome Fund's average Total Assets Growth Rate was -1.70% per year. During the past 3 years, the average Total Assets Growth Rate was -5.80% per year. During the past 5 years, the average Total Assets Growth Rate was -1.90% per year.

During the past 6 years, Nuveen Pennsylvania Quality Municipalome Fund's highest 3-Year average Total Assets Growth Rate was 1.00%. The lowest was -5.80%. And the median was -0.30%.

Total Assets is connected with ROA %. Nuveen Pennsylvania Quality Municipalome Fund's annualized ROA % for the quarter that ended in Aug. 2023 was -0.11%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Pennsylvania Quality Municipalome Fund's Asset Turnover for the quarter that ended in Aug. 2023 was -0.00.


Nuveen Pennsylvania Quality Municipalome Fund Total Assets Historical Data

The historical data trend for Nuveen Pennsylvania Quality Municipalome Fund's Total Assets 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 Pennsylvania Quality Municipalome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Assets
Premium Member Only 914.76 973.37 950.62 909.56 817.00

Nuveen Pennsylvania Quality Municipalome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 946.98 909.56 845.21 817.00 830.97

Nuveen Pennsylvania Quality Municipalome Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nuveen Pennsylvania Quality Municipalome Fund's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets=Total Equity (A: Feb. 2023 )+Total Liabilities (A: Feb. 2023 )
=488.98+328.023
=817.00

Nuveen Pennsylvania Quality Municipalome Fund's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (Q: Aug. 2023 )+Total Liabilities (Q: Aug. 2023 )
=480.209+350.757
=830.97

* 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 Pennsylvania Quality Municipalome Fund  (NYSE:NQP) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Pennsylvania Quality Municipalome Fund's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=-0.94/( (817.003+830.966)/ 2 )
=-0.94/823.9845
=-0.11 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nuveen Pennsylvania Quality Municipalome Fund's Asset Turnover for the quarter that ended in Aug. 2023 is

Asset Turnover
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=-0.282/( (817.003+830.966)/ 2 )
=-0.282/823.9845
=-0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nuveen Pennsylvania Quality Municipalome Fund Total Assets Related Terms

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

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Pennsylvania Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal and Pennsylvania income taxes and to enhance portfolio value relative to the Pennsylvania municipal bond market by investing in tax-exempt Pennsylvania municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606