During the past 12 months, Nuveen Missouri Quality Municipalome Fund's average Total Assets Growth Rate was 1.80% per year.
During the past 3 years, the average Total Assets Growth Rate was -3.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.90% per year.
During the past 10 years, the average Total Assets Growth Rate was -1.40% per year.
During the past 13 years, Nuveen Missouri Quality Municipalome Fund's highest 3-Year average Total Assets Growth Rate was 2.10%. The lowest was -3.10%. And the median was -0.50%.
* 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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Nuveen Missouri Quality Municipalome Fund Total Assets Chart
Nuveen Missouri Quality Municipalome Fund Annual Data
Nuveen Missouri 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.
* 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 Missouri Quality Municipalome Fund (NYSE:NOM) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Nov. 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 Missouri Quality Municipalome Fund's Asset Turnover for the quarter that ended in Nov. 2023 is
* 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 Missouri Quality Municipalome Fund Total Assets Related Terms
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Nuveen Missouri Quality Municipalome Fund (Nuveen Missouri Quality Municipalome Fund) Business Description
Nuveen Missouri Quality Municipal Income Fund is a diversified, closed-end management investment company operating in United States. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Missouri state income taxes; its secondary investment objective is the enhancement of portfolio value. The fund invests in municipal securities as well as floating rate securities as well as derivatives such as futures, options and swap contracts to the necessary extent. Nuveen Fund Advisors, LLC acts as an investment adviser of the company.
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