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Managed Duration Investment Grade Municipal Fund (Managed Duration Investment Grade Municipal Fund) Net Cash per Share : $-9.14 (As of Jan. 2018)


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What is Managed Duration Investment Grade Municipal 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). Managed Duration Investment Grade Municipal Fund's Net Cash per Share for the quarter that ended in Jan. 2018 was $-9.14.

The historical rank and industry rank for Managed Duration Investment Grade Municipal Fund's Net Cash per Share or its related term are showing as below:

MZF's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Managed Duration Investment Grade Municipal Fund Net Cash per Share Historical Data

The historical data trend for Managed Duration Investment Grade Municipal 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.

Managed Duration Investment Grade Municipal Fund Net Cash per Share Chart

Managed Duration Investment Grade Municipal Fund Annual Data
Trend Jul17 Mar18
Net Cash per Share
-8.59 -8.87

Managed Duration Investment Grade Municipal Fund Semi-Annual Data
Jul17 Jan18
Net Cash per Share -8.59 -9.14

Competitive Comparison of Managed Duration Investment Grade Municipal Fund's Net Cash per Share

For the Asset Management subindustry, Managed Duration Investment Grade Municipal 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.


Managed Duration Investment Grade Municipal Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Managed Duration Investment Grade Municipal Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Managed Duration Investment Grade Municipal Fund's Price-to-Net-Cash falls into.



Managed Duration Investment Grade Municipal 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.

Managed Duration Investment Grade Municipal Fund's Net Cash per Share for the fiscal year that ended in Mar. 2018 is calculated as

Managed Duration Investment Grade Municipal Fund's Net Cash per Share for the quarter that ended in Jan. 2018 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.


Managed Duration Investment Grade Municipal Fund  (NYSE:MZF) 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.


Managed Duration Investment Grade Municipal Fund Net Cash per Share Related Terms

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Managed Duration Investment Grade Municipal Fund (Managed Duration Investment Grade Municipal Fund) Business Description

Traded in Other Exchanges
N/A
Address
Managed Duration Investment Grade Municipal Fund is a diversified, closed‐end management investment company. Its investment objective is to provide its common shareholders with high current income exempt from regular federal income tax.
Executives
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
George W Karpus 10 percent owner
David Lebisky officer: Chief Compliance Officer 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Suzanne P. Welsh director C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Ellen D Harvey director
Lisa R Grosswirth officer: Secretary 2 HANSON PLACE, 12TH FLOOR, BROOKLYN NY 11217
Thomas Stabile officer: Treasurer 200 PARK AVE, 7TH FLOOR, NEW YORK NY 10166
Thomas Edgar Spock director 43 STONEYSIDE DRIVE, LARCHMONT NY 10538
Robin J. Shulman officer: Chief Compliance Officer 200 PARK AVE, 7TH FLOOR, NEW YORK X1 19103
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606
Michael P Megaris officer: Assistant Secretary 2455 CORPORATE WEST DRIVE, LISLE IL 60532

Managed Duration Investment Grade Municipal Fund (Managed Duration Investment Grade Municipal Fund) Headlines

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