Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) LT-Debt-to-Total-Asset : 0.01 (As of Oct. 2021)

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What is Nuveen Enhanced Municipal Value Fund LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nuveen Enhanced Municipal Value Fund's long-term debt to total assests ratio for the quarter that ended in Oct. 2021 was 0.01.

Nuveen Enhanced Municipal Value Fund's long-term debt to total assets ratio declined from Oct. 2020 (0.27) to Oct. 2021 (0.01). It may suggest that Nuveen Enhanced Municipal Value Fund is progressively becoming less dependent on debt to grow their business.

Nuveen Enhanced Municipal Value Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nuveen Enhanced Municipal Value Fund's LT-Debt-to-Total-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 Enhanced Municipal Value Fund LT-Debt-to-Total-Asset Chart

Nuveen Enhanced Municipal Value Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

LT-Debt-to-Total-Asset

0.11

0.01

0.24

0.27

0.01

Nuveen Enhanced Municipal Value Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.24	0.01	0.27	0.25	0.01

Nuveen Enhanced Municipal Value Fund LT-Debt-to-Total-Asset Calculation

Nuveen Enhanced Municipal Value Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2021 is calculated as

LT Debt to Total Assets (A: Oct. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2021 )	/	Total Assets (A: Oct. 2021 )
	=	5.9	/	561.71
	=	0.01

Nuveen Enhanced Municipal Value Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2021 is calculated as

LT Debt to Total Assets (Q: Oct. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2021 )	/	Total Assets (Q: Oct. 2021 )
	=	5.9	/	561.71
	=	0.01

Nuveen Enhanced Municipal Value Fund (NYSE:NEV) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Nuveen Enhanced Municipal Value Fund LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Enhanced Municipal Value Fund's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Enhanced Municipal Value Fund (NYSE:NEV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Enhanced Municipal Value Fund is a diversified closed-end management investment company. Its primary investment objective is to provide current income exempt from regular federal income tax. The fund's secondary investment objective is to enhance portfolio value and total return.

Executives

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
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
E. Scott Wickerham	officer: Vice President	C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido	other: Portfolio Manager	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Timothy T Ryan	other: Portfolio Manager	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
Young L Robert	other: Trustee	1111 POLARIS PARKWAY, COLUMBUS OH 43240

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