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Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Net Cash per Share : $-6.73 (As of Oct. 2021)


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What is Nuveen Enhanced Municipal Value Fund Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Nuveen Enhanced Municipal Value Fund's Net Cash per Share for the quarter that ended in Oct. 2021 was $-6.73.

The historical rank and industry rank for Nuveen Enhanced Municipal Value Fund's Net Cash per Share or its related term are showing as below:

NEV's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Nuveen Enhanced Municipal Value Fund Net Cash per Share Historical Data

The historical data trend for Nuveen Enhanced Municipal Value Fund's Net Cash per Share 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 Net Cash per Share Chart

Nuveen Enhanced Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
Net Cash per Share
-2.01 -4.13 -4.63 -5.45 -6.73

Nuveen Enhanced Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -4.63 -5.42 -5.45 -5.31 -6.73

Competitive Comparison of Nuveen Enhanced Municipal Value Fund's Net Cash per Share

For the Asset Management subindustry, Nuveen Enhanced Municipal Value Fund's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Enhanced Municipal Value Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Enhanced Municipal Value Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Nuveen Enhanced Municipal Value Fund's Price-to-Net-Cash falls into.



Nuveen Enhanced Municipal Value Fund Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Nuveen Enhanced Municipal Value Fund's Net Cash per Share for the fiscal year that ended in Oct. 2021 is calculated as

Net Cash per Share (A: Oct. 2021 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.087+0-168.01-0)/24.9594
=-6.73

Nuveen Enhanced Municipal Value Fund's Net Cash per Share for the quarter that ended in Oct. 2021 is calculated as

Net Cash per Share (Q: Oct. 2021 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.087+0-168.01-0)/24.9594
=-6.73

* 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 Enhanced Municipal Value Fund  (NYSE:NEV) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Nuveen Enhanced Municipal Value Fund Net Cash per Share Related Terms

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

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
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

Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Headlines

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