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Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Gross-Profit-to-Asset % : 4.20% (As of Oct. 2015)


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What is Nuveen Dividend Advantage Muni Fund 2 Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nuveen Dividend Advantage Muni Fund 2's annualized Gross Profit for the quarter that ended in Oct. 2015 was $28.80 Mil. Nuveen Dividend Advantage Muni Fund 2's average Total Assets over the quarter that ended in Oct. 2015 was $686.05 Mil. Therefore, Nuveen Dividend Advantage Muni Fund 2's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2015 was 4.20%.


Nuveen Dividend Advantage Muni Fund 2 Gross-Profit-to-Asset % Historical Data

The historical data trend for Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-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 Dividend Advantage Muni Fund 2 Gross-Profit-to-Asset % Chart

Nuveen Dividend Advantage Muni Fund 2 Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 5.39 4.87 4.76 4.75 4.20

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.74 4.87 4.64 4.18 4.20

Competitive Comparison of Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset %

For the Asset Management subindustry, Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset % falls into.



Nuveen Dividend Advantage Muni Fund 2 Gross-Profit-to-Asset % Calculation

Nuveen Dividend Advantage Muni Fund 2's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2015 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2015 )/( (Total Assets (A: Oct. 2014 )+Total Assets (A: Oct. 2015 ))/ count )
=28.801/( (689.469+682.957)/ 2 )
=28.801/686.213
=4.20 %

Nuveen Dividend Advantage Muni Fund 2's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2015 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Oct. 2015 )/( (Total Assets (Q: Apr. 2015 )+Total Assets (Q: Oct. 2015 ))/ count )
=28.802/( (689.138+682.957)/ 2 )
=28.802/686.0475
=4.20 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Oct. 2015) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Nuveen Dividend Advantage Muni Fund 2 Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Nuveen Dividend Advantage Muni Fund 2's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen Dividend Advantage Muni Fund 2 invests in municipal securities that are exempt from federal income taxes. The Company's investment objective is to provide current income exempt from regular federal income tax and to enhance portfolio value.
Executives
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Spalding Thomas C Jr officer: V.P. & Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Douglas J White other: Portfolio Manager 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Virginia Stringer other: Trustee 800 NICOLLET MALL, C/O US BANCORP ASSET MANAGEMENT, MINNEAPOLIS MI 55402
Kathleen L Prudhomme officer: Vice President 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606

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