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Managed Duration Investment Grade Municipal Fund (Managed Duration Investment Grade Municipal Fund) Total Assets : $161.78 Mil (As of Jan. 2018)


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What is Managed Duration Investment Grade Municipal Fund Total Assets?

Managed Duration Investment Grade Municipal Fund's Total Assets for the quarter that ended in Jan. 2018 was $161.78 Mil.

Total Assets is connected with ROA %. Managed Duration Investment Grade Municipal Fund's annualized ROA % for the quarter that ended in Jan. 2018 was 2.19%. Total Assets is also linked to Revenue through Asset Turnover. Managed Duration Investment Grade Municipal Fund's Asset Turnover for the quarter that ended in Jan. 2018 was 0.01.


Managed Duration Investment Grade Municipal Fund Total Assets Historical Data

The historical data trend for Managed Duration Investment Grade Municipal 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.

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Managed Duration Investment Grade Municipal Fund Total Assets Chart

Managed Duration Investment Grade Municipal Fund Annual Data
Trend Jul17 Mar18
Total Assets
160.70 159.07

Managed Duration Investment Grade Municipal Fund Semi-Annual Data
Jul17 Jan18
Total Assets 160.70 161.78

Managed Duration Investment Grade Municipal 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.

Managed Duration Investment Grade Municipal Fund's Total Assets for the fiscal year that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (A: Mar. 2018 )+Total Liabilities (A: Mar. 2018 )
=98.781+60.289
=159.07

Managed Duration Investment Grade Municipal Fund's Total Assets for the quarter that ended in Jan. 2018 is calculated as

Total Assets=Total Equity (Q: Jan. 2018 )+Total Liabilities (Q: Jan. 2018 )
=99.623+62.154
=161.78

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Managed Duration Investment Grade Municipal Fund's annualized ROA % for the quarter that ended in Jan. 2018 is

ROA %=Net Income (Q: Jan. 2018 )/( (Total Assets (Q: Jul. 2017 )+Total Assets (Q: Jan. 2018 ))/ count )
=3.526/( (160.704+161.777)/ 2 )
=3.526/161.2405
=2.19 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2018) 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.

Managed Duration Investment Grade Municipal Fund's Asset Turnover for the quarter that ended in Jan. 2018 is

Asset Turnover
=Revenue (Q: Jan. 2018 )/( (Total Assets (Q: Jul. 2017 )+Total Assets (Q: Jan. 2018 ))/ count )
=2.355/( (160.704+161.777)/ 2 )
=2.355/161.2405
=0.01

* 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.

Managed Duration Investment Grade Municipal Fund Total Assets 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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