Managed Duration Investment Grade Municipal Fund (Managed Duration Investment Grade Municipal Fund) Price-to-Tangible-Book : 2.46 (As of May. 14, 2024)

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What is Managed Duration Investment Grade Municipal Fund Price-to-Tangible-Book?

As of today (2024-05-14), Managed Duration Investment Grade Municipal Fund's share price is $14.33. Managed Duration Investment Grade Municipal Fund's Tangible Book per Share of Jan. 2018 for the quarter that ended in Jan. 2018 was $5.83. Hence, Managed Duration Investment Grade Municipal Fund's Price to Tangible Book Ratio of today is 2.46.

The historical rank and industry rank for Managed Duration Investment Grade Municipal Fund's Price-to-Tangible-Book or its related term are showing as below:

MZF's Price-to-Tangible-Book is not ranked ^*
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Managed Duration Investment Grade Municipal Fund's share price is $14.33. Managed Duration Investment Grade Municipal Fund's Book Value per Sharefor the quarter that ended in Jan. 2018 was $5.83. Hence, Managed Duration Investment Grade Municipal Fund's P/B Ratio of today is 2.46.

Managed Duration Investment Grade Municipal Fund Price-to-Tangible-Book Historical Data

The historical data trend for Managed Duration Investment Grade Municipal Fund's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Managed Duration Investment Grade Municipal Fund Annual Data

Trend

Jul17

Mar18

Price-to-Tangible-Book

Managed Duration Investment Grade Municipal Fund Semi-Annual Data
	Jul17	Jan18
Price-to-Tangible-Book	-	-

Competitive Comparison of Managed Duration Investment Grade Municipal Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Managed Duration Investment Grade Municipal Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution in the Asset Management Industry

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

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

Managed Duration Investment Grade Municipal Fund Price-to-Tangible-Book Calculation

Managed Duration Investment Grade Municipal Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2018 )
	=	14.33	/	5.827
	=	2.46

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Managed Duration Investment Grade Municipal Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Managed Duration Investment Grade Municipal Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Managed Duration Investment Grade Municipal Fund (NYSE:MZF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.insightinvestment.com

Managed Duration Investment Grade Municipal Fund is a diversified, closedâ€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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