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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Liabilities-to-Assets : 0.48 (As of Oct. 2023)


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What is Nuveen Municipal Credit Opps Fund Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nuveen Municipal Credit Opps Fund's Total Liabilities for the quarter that ended in Oct. 2023 was $510.35 Mil. Nuveen Municipal Credit Opps Fund's Total Assets for the quarter that ended in Oct. 2023 was $1,061.63 Mil. Therefore, Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 was 0.48.


Nuveen Municipal Credit Opps Fund Liabilities-to-Assets Historical Data

The historical data trend for Nuveen Municipal Credit Opps Fund's Liabilities-to-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 Municipal Credit Opps Fund Liabilities-to-Assets Chart

Nuveen Municipal Credit Opps Fund Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Liabilities-to-Assets
0.05 0.41 0.37 0.46 0.48

Nuveen Municipal Credit Opps Fund Semi-Annual Data
Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.37 0.41 0.46 0.42 0.48

Competitive Comparison of Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets

For the Asset Management subindustry, Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Municipal Credit Opps Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets falls into.



Nuveen Municipal Credit Opps Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Liabilities-to-Assets (A: Oct. 2023 )=Total Liabilities/Total Assets
=510.348/1061.63
=0.48

Nuveen Municipal Credit Opps Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 is calculated as

Liabilities-to-Assets (Q: Oct. 2023 )=Total Liabilities/Total Assets
=510.348/1061.63
=0.48

* 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 Municipal Credit Opps Fund  (NYSE:NMCO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nuveen Municipal Credit Opps Fund Liabilities-to-Assets Related Terms

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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Executives
Terence J Toth other: Chairman of the Board
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
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
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Headlines

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