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Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Total Assets : $646.03 Mil (As of Jul. 2022)


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What is Nuveen Floating Rateome Opp Fd Total Assets?

Nuveen Floating Rateome Opp Fd's Total Assets for the quarter that ended in Jul. 2022 was $646.03 Mil.

Total Assets is connected with ROA %. Nuveen Floating Rateome Opp Fd's annualized ROA % for the quarter that ended in Jul. 2022 was -7.44%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Floating Rateome Opp Fd's Asset Turnover for the quarter that ended in Jul. 2022 was -0.04.


Nuveen Floating Rateome Opp Fd Total Assets Historical Data

The historical data trend for Nuveen Floating Rateome Opp Fd'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 Floating Rateome Opp Fd Total Assets Chart

Nuveen Floating Rateome Opp Fd Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Total Assets
Get a 7-Day Free Trial 750.76 735.61 621.37 706.07 646.03

Nuveen Floating Rateome Opp Fd Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 621.37 677.30 706.07 702.03 646.03

Nuveen Floating Rateome Opp Fd 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 Floating Rateome Opp Fd'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 )
=377.47+268.565
=646.04

Nuveen Floating Rateome Opp Fd's Total Assets for the quarter that ended in Jul. 2022 is calculated as

Total Assets=Total Equity (Q: Jul. 2022 )+Total Liabilities (Q: Jul. 2022 )
=377.47+268.565
=646.04

* 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.


Nuveen Floating Rateome Opp Fd  (NYSE:JRO) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Floating Rateome Opp Fd's annualized ROA % for the quarter that ended in Jul. 2022 is

ROA %=Net Income (Q: Jul. 2022 )/( (Total Assets (Q: Jan. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=-50.136/( (702.029+646.034)/ 2 )
=-50.136/674.0315
=-7.44 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2022) 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 Floating Rateome Opp Fd's Asset Turnover for the quarter that ended in Jul. 2022 is

Asset Turnover
=Revenue (Q: Jul. 2022 )/( (Total Assets (Q: Jan. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=-24.835/( (702.029+646.034)/ 2 )
=-24.835/674.0315
=-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 Floating Rateome Opp Fd Total Assets Related Terms

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Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Floating Rate Income Opp Fd is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income. The Fund invests its managed assets in adjustable rate loans, primarily secured senior loans. It may also invest in unsecured senior loans and secured and unsecured subordinated loans.
Executives
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
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Knights Of Columbus 10 percent owner ONE COLUMBUS PLAZA, NEW HAVEN CT 06510
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
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