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JCE (Nuveen Core Equity Alpha Fund) Net Margin % : 99.66% (As of Jun. 2024)


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What is Nuveen Core Equity Alpha Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nuveen Core Equity Alpha Fund's Net Income for the six months ended in Jun. 2024 was $33.29 Mil. Nuveen Core Equity Alpha Fund's Revenue for the six months ended in Jun. 2024 was $33.40 Mil. Therefore, Nuveen Core Equity Alpha Fund's net margin for the quarter that ended in Jun. 2024 was 99.66%.

The historical rank and industry rank for Nuveen Core Equity Alpha Fund's Net Margin % or its related term are showing as below:

JCE' s Net Margin % Range Over the Past 10 Years
Min: 96.8   Med: 99.58   Max: 101.58
Current: 99.51


JCE's Net Margin % is ranked better than
83.39% of 1644 companies
in the Asset Management industry
Industry Median: 87.78 vs JCE: 99.51

Nuveen Core Equity Alpha Fund Net Margin % Historical Data

The historical data trend for Nuveen Core Equity Alpha Fund's Net Margin % 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 Core Equity Alpha Fund Net Margin % Chart

Nuveen Core Equity Alpha Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 99.58 96.80 99.66 100.44 99.46

Nuveen Core Equity Alpha Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.24 92.55 99.62 99.05 99.66

Competitive Comparison of Nuveen Core Equity Alpha Fund's Net Margin %

For the Asset Management subindustry, Nuveen Core Equity Alpha Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Core Equity Alpha Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Core Equity Alpha Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen Core Equity Alpha Fund's Net Margin % falls into.



Nuveen Core Equity Alpha Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nuveen Core Equity Alpha Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=40.54/40.759
=99.46 %

Nuveen Core Equity Alpha Fund's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=33.285/33.397
=99.66 %

* 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 Core Equity Alpha Fund  (NYSE:JCE) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nuveen Core Equity Alpha Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Nuveen Core Equity Alpha Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Core Equity Alpha Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to provide an attractive level of total return, through long-term capital appreciation and through income and gains. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance. Additionally, the Fund seeks to reduce the volatility of its returns relative to the returns of the Equity Portfolio over extended periods by writing (selling) index call options and/or call options on custom baskets of securities (the Options Strategy).
Executives
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
Joanne Medero other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Pei Hsiang Chen other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Maxim Kozlov other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169
Huffman William T. Jr. officer: President of NAM, LLC C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606

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