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Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Net Income : $42.14 Mil (TTM As of Oct. 2021)


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What is Nuveen Enhanced Municipal Value Fund Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Nuveen Enhanced Municipal Value Fund's Net Income for the six months ended in Oct. 2021 was $8.98 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2021 was $42.14 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Nuveen Enhanced Municipal Value Fund's Earnings per Share (Diluted) for the six months ended in Oct. 2021 was $0.36.


Nuveen Enhanced Municipal Value Fund Net Income Historical Data

The historical data trend for Nuveen Enhanced Municipal Value Fund's Net Income 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 Income Chart

Nuveen Enhanced Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
Net Income
6.75 -0.57 41.54 13.04 42.14

Nuveen Enhanced Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
Net Income Get a 7-Day Free Trial Premium Member Only 18.02 -23.80 36.84 33.15 8.98

Nuveen Enhanced Municipal Value Fund Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Oct. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=42.135+0+0+0
=42.14

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

Net Income(Q: Oct. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.981+0+0+0
=8.98

Net Income for the trailing twelve months (TTM) ended in Oct. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $42.14 Mil.

* 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 Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Nuveen Enhanced Municipal Value Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2021 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Nuveen Enhanced Municipal Value Fund Net Income 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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