Nuveen MI Qualityome Muni Fund's quarterly market cap
declined
from Aug. 2019 ($288.23 Mil) to Feb. 2020 ($287.22 Mil) and
declined
from Feb. 2020 ($287.22 Mil) to Aug. 2020 ($284.59 Mil).
Nuveen MI Qualityome Muni Fund's annual market cap
declined
from Feb. 2018 ($266.94 Mil) to Feb. 2019 ($262.75 Mil) but then
increased
from Feb. 2019 ($262.75 Mil) to Feb. 2020 ($287.22 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nuveen MI Qualityome Muni Fund's Enterprise Value for Today is $305.43 Mil.
Nuveen MI Qualityome Muni Fund Market Cap Historical Data
* 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.
Competitive Comparison of Nuveen MI Qualityome Muni Fund's Market Cap
For the Asset Management subindustry, Nuveen MI Qualityome Muni Fund's Market Cap, along with its competitors' market caps and Market Cap 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 MI Qualityome Muni Fund's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen MI Qualityome Muni Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Nuveen MI Qualityome Muni Fund's Market Cap falls into.
Nuveen MI Qualityome Muni Fund Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 MI Qualityome Muni Fund (NYSE:NUM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nuveen MI Qualityome Muni Fund Market Cap Related Terms
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Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Business Description
Nuveen MI Quality Income Muni Fund Inc is a closed-end investment company. The fund's investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories. The company's portfolio of investments includes Consumer Staples, Education, and Civic Organizations, Health Care, Transportation, Utilities, and others.
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