GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dividend Advantage Muni Fund 2 (AMEX:NXZ) » Definitions » Pretax Margin %

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


View and export this data going back to . Start your Free Trial

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

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen Dividend Advantage Muni Fund 2's Pre-Tax 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 pretax 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 Pretax Margin % or its related term are showing as below:


NXZ's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.905
* Ranked among companies with meaningful Pretax Margin % only.

Nuveen Dividend Advantage Muni Fund 2 Pretax Margin % Historical Data

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

Nuveen Dividend Advantage Muni Fund 2 Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Pretax 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
Pretax 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 Pretax Margin %

For the Asset Management subindustry, Nuveen Dividend Advantage Muni Fund 2's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Asset Management Industry

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

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



Nuveen Dividend Advantage Muni Fund 2 Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Oct. 2015 )/Revenue (A: Oct. 2015 )
=22.613/28.801
=78.51 %

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

Pretax Margin=Pre-Tax 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nuveen Dividend Advantage Muni Fund 2 Pretax Margin % Related Terms

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

Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Headlines

No Headlines