Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2015)

View and export this data going back to . Start your Free Trial

What is Nuveen Dividend Advantage Muni Fund 2 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 Dividend Advantage Muni Fund 2's long-term debt to total assests ratio for the quarter that ended in Oct. 2015 was 0.00.

Nuveen Dividend Advantage Muni Fund 2's long-term debt to total assets ratio stayed the same from Oct. 2014 (0.00) to Oct. 2015 (0.00).

Nuveen Dividend Advantage Muni Fund 2 LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nuveen Dividend Advantage Muni Fund 2'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 Dividend Advantage Muni Fund 2 LT-Debt-to-Total-Asset Chart

Nuveen Dividend Advantage Muni Fund 2 Annual Data

Trend

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	-	-

Nuveen Dividend Advantage Muni Fund 2 LT-Debt-to-Total-Asset Calculation

Nuveen Dividend Advantage Muni Fund 2's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2015 is calculated as

LT Debt to Total Assets (A: Oct. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2015 )	/	Total Assets (A: Oct. 2015 )
	=	0	/	682.957
	=	0.00

Nuveen Dividend Advantage Muni Fund 2's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2015 is calculated as

LT Debt to Total Assets (Q: Oct. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2015 )	/	Total Assets (Q: Oct. 2015 )
	=	0	/	682.957
	=	0.00

Nuveen Dividend Advantage Muni Fund 2 (AMEX:NXZ) 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 Dividend Advantage Muni Fund 2 LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Dividend Advantage Muni Fund 2's LT-Debt-to-Total-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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dividend Advantage Muni Fund 2 (AMEX:NXZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.nuveen.com

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

Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Headlines

No Headlines