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Nuveen Energy MLP Total Return Fund (Nuveen Energy MLP Total Return Fund) GF Value Rank : 0 (As of Jun. 03, 2024)


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What is Nuveen Energy MLP Total Return Fund GF Value Rank?

Nuveen Energy MLP Total Return Fund has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Nuveen Energy MLP Total Return Fund GF Value Rank Related Terms

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Nuveen Energy MLP Total Return Fund (Nuveen Energy MLP Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Energy MLP Total Return Fund is a closed-end management investment company. Its objective is to provide a high level of current income and long-term capital appreciation. Its products include Mutual funds, Closed-end funds, Exchange traded funds, and Multi-asset portfolios.
Executives
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 A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Cunnane James J Jr other: portfolio manager FIDUCIARY ASSET MANAGEMENT LLC, 8112 MARYLAND AVE, SUITE 200, ST. LOUIS MO 63105
Quinn Thomas Kiley other: Portfolio Manager 8235 FORSYTH BOULEVARD, SUITE 700, CLAYTON MO 63105
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
William J Schneider other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Energy MLP Total Return Fund (Nuveen Energy MLP Total Return Fund) Headlines

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