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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Total Assets

: $1,343.89 Mil (As of Jan. 2024)
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Nuveen Credit Strategiesome Fund's Total Assets for the quarter that ended in Jan. 2024 was $1,343.89 Mil.

During the past 12 months, Nuveen Credit Strategiesome Fund's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was -9.90% per year. During the past 5 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 6 years, Nuveen Credit Strategiesome Fund's highest 3-Year average Total Assets Growth Rate was -8.10%. The lowest was -9.90%. And the median was -9.60%.

Total Assets is connected with ROA %. Nuveen Credit Strategiesome Fund's annualized ROA % for the quarter that ended in Jan. 2024 was 8.17%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Credit Strategiesome Fund's Asset Turnover for the quarter that ended in Jan. 2024 was 0.04.


Nuveen Credit Strategiesome Fund Total Assets Historical Data

The historical data trend for Nuveen Credit Strategiesome 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.

* Premium members only.

Nuveen Credit Strategiesome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Total Assets
Premium Member Only 2,031.85 1,923.55 1,513.66 1,581.79 1,409.65

Nuveen Credit Strategiesome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,581.79 1,580.32 1,409.65 1,355.60 1,343.89

Nuveen Credit Strategiesome 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.

Nuveen Credit Strategiesome Fund's Total Assets for the fiscal year that ended in Jul. 2022 is calculated as

Total Assets=Total Equity (A: Jul. 2022 )+Total Liabilities (A: Jul. 2022 )
=827.031+582.624
=1,409.66

Nuveen Credit Strategiesome Fund's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=802.011+541.877
=1,343.89

* 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 Credit Strategiesome Fund  (NYSE:JQC) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Credit Strategiesome Fund's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=110.218/( (1355.595+1343.888)/ 2 )
=110.218/1349.7415
=8.17 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) 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 Credit Strategiesome Fund's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=56.267/( (1355.595+1343.888)/ 2 )
=56.267/1349.7415
=0.04

* 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 Credit Strategiesome Fund Total Assets Related Terms

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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.
Executives
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Himani Trivedi other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Bernard Wong other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Headlines

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