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Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Net Margin % : 71.08% (As of Oct. 2015)


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What is Nuveen Dividend Advantage Muni Fund 2 Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nuveen Dividend Advantage Muni Fund 2's Net Income for the six months ended in Oct. 2015 was $10.24 Mil. Nuveen Dividend Advantage Muni Fund 2's Revenue for the six months ended in Oct. 2015 was $14.40 Mil. Therefore, Nuveen Dividend Advantage Muni Fund 2's net margin for the quarter that ended in Oct. 2015 was 71.08%.

The historical rank and industry rank for Nuveen Dividend Advantage Muni Fund 2's Net Margin % or its related term are showing as below:


NXZ's Net Margin % is not ranked *
in the Asset Management industry.
Industry Median: 86.98
* Ranked among companies with meaningful Net Margin % only.

Nuveen Dividend Advantage Muni Fund 2 Net Margin % Historical Data

The historical data trend for Nuveen Dividend Advantage Muni Fund 2'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 Dividend Advantage Muni Fund 2 Net Margin % Chart

Nuveen Dividend Advantage Muni Fund 2 Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Net Margin %
Get a 7-Day Free Trial 58.18 246.88 -66.00 193.47 78.51

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -250.79 204.97 181.72 85.95 71.08

Competitive Comparison of Nuveen Dividend Advantage Muni Fund 2's Net Margin %

For the Asset Management subindustry, Nuveen Dividend Advantage Muni Fund 2'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 Dividend Advantage Muni Fund 2's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dividend Advantage Muni Fund 2's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen Dividend Advantage Muni Fund 2's Net Margin % falls into.



Nuveen Dividend Advantage Muni Fund 2 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 Dividend Advantage Muni Fund 2's Net Margin for the fiscal year that ended in Oct. 2015 is calculated as

Net Margin=Net Income (A: Oct. 2015 )/Revenue (A: Oct. 2015 )
=22.613/28.801
=78.51 %

Nuveen Dividend Advantage Muni Fund 2's Net Margin for the quarter that ended in Oct. 2015 is calculated as

Net Margin=Net Income (Q: Oct. 2015 )/Revenue (Q: Oct. 2015 )
=10.236/14.401
=71.08 %

* 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 Dividend Advantage Muni Fund 2  (AMEX:NXZ) 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 Dividend Advantage Muni Fund 2 Net Margin % Related Terms

Thank you for viewing the detailed overview of Nuveen Dividend Advantage Muni Fund 2's Net Margin % 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

Traded in Other Exchanges
N/A
Address
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

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