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Nuveen Select Maturities Municipal Fund (Nuveen Select Maturities Municipal Fund) Equity-to-Asset

: 0.99 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nuveen Select Maturities Municipal Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $119.17 Mil. Nuveen Select Maturities Municipal Fund's Total Assets for the quarter that ended in Sep. 2023 was $120.56 Mil. Therefore, Nuveen Select Maturities Municipal Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.99.

The historical rank and industry rank for Nuveen Select Maturities Municipal Fund's Equity-to-Asset or its related term are showing as below:

NIM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 1   Max: 1
Current: 0.99

During the past 6 years, the highest Equity to Asset Ratio of Nuveen Select Maturities Municipal Fund was 1.00. The lowest was 0.99. And the median was 1.00.

NIM's Equity-to-Asset is ranked better than
90.04% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs NIM: 0.99

Nuveen Select Maturities Municipal Fund Equity-to-Asset Historical Data

The historical data trend for Nuveen Select Maturities Municipal Fund's Equity-to-Asset 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 Select Maturities Municipal Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 1.00 0.99 1.00

Nuveen Select Maturities Municipal Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.99 1.00 1.00 0.99

Competitive Comparison

For the Asset Management subindustry, Nuveen Select Maturities Municipal Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Nuveen Select Maturities Municipal Fund Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Nuveen Select Maturities Municipal Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen Select Maturities Municipal Fund's Equity-to-Asset falls into.



Nuveen Select Maturities Municipal Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nuveen Select Maturities Municipal Fund's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=124.512/124.957
=1.00

Nuveen Select Maturities Municipal Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=119.168/120.557
=0.99

* 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 Select Maturities Municipal Fund  (NYSE:NIM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Nuveen Select Maturities Municipal Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Select Maturities Municipal Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Select Maturities Municipal Fund (Nuveen Select Maturities Municipal Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital by investing in an investment-grade quality portfolio of municipal obligations with intermediate characteristics.
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
John M. Mccann officer: Vice President 333 WEST 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
Joanne Medero 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
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

Nuveen Select Maturities Municipal Fund (Nuveen Select Maturities Municipal Fund) Headlines