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Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Price-to-Tangible-Book : 0.85 (As of May. 12, 2024)


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What is Nuveen Floating Rateome Opp Fd Price-to-Tangible-Book?

As of today (2024-05-12), Nuveen Floating Rateome Opp Fd's share price is $7.88. Nuveen Floating Rateome Opp Fd's Tangible Book per Share of Jul. 2022 for the quarter that ended in Jul. 2022 was $9.31. Hence, Nuveen Floating Rateome Opp Fd's Price to Tangible Book Ratio of today is 0.85.

The historical rank and industry rank for Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book or its related term are showing as below:

JRO's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Nuveen Floating Rateome Opp Fd's share price is $7.88. Nuveen Floating Rateome Opp Fd's Book Value per Sharefor the quarter that ended in Jul. 2022 was $9.31. Hence, Nuveen Floating Rateome Opp Fd's P/B Ratio of today is 0.85.


Nuveen Floating Rateome Opp Fd Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book 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 Floating Rateome Opp Fd Price-to-Tangible-Book Chart

Nuveen Floating Rateome Opp Fd Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.89 0.89 0.86 0.94 0.93

Nuveen Floating Rateome Opp Fd Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.86 0.91 0.94 0.99 0.93

Competitive Comparison of Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Floating Rateome Opp Fd's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book falls into.



Nuveen Floating Rateome Opp Fd Price-to-Tangible-Book Calculation

Nuveen Floating Rateome Opp Fd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jul. 2022 )
=7.88/9.311
=0.85

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Nuveen Floating Rateome Opp Fd Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nuveen Floating Rateome Opp Fd's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Floating Rate Income Opp Fd is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income. The Fund invests its managed assets in adjustable rate loans, primarily secured senior loans. It may also invest in unsecured senior loans and secured and unsecured subordinated loans.
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
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Knights Of Columbus 10 percent owner ONE COLUMBUS PLAZA, NEW HAVEN CT 06510
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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