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Nuveen Intermediate Dur Muni Term Fund (Nuveen Intermediate Dur Muni Term Fund) Scaled Net Operating Assets : 0.76 (As of Nov. 2022)


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What is Nuveen Intermediate Dur Muni Term Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Intermediate Dur Muni Term Fund's operating assets for the quarter that ended in Nov. 2022 was $832.06 Mil. Nuveen Intermediate Dur Muni Term Fund's operating liabilities for the quarter that ended in Nov. 2022 was $179.65 Mil. Nuveen Intermediate Dur Muni Term Fund's Total Assets for the quarter that ended in May. 2022 was $854.82 Mil. Therefore, Nuveen Intermediate Dur Muni Term Fund's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2022 was 0.76.

Nuveen Intermediate Dur Muni Term Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Intermediate Dur Muni Term Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2022 )
=(Operating Assets (A: May. 2022 )-Operating Liabilities (A: May. 2022 ))/Total Assets (A: May. 2021 )
=(847.596-178.495)/905.045
=0.74

where

Operating Assets(A: May. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=854.821 - 7.225
=847.596

Operating Liabilities(A: May. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=206.445 - 27.95 - 0
=178.495

Nuveen Intermediate Dur Muni Term Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2022 )
=(Operating Assets (Q: Nov. 2022 )-Operating Liabilities (Q: Nov. 2022 ))/Total Assets (Q: May. 2022 )
=(832.062-179.647)/854.821
=0.76

where

Operating Assets(Q: Nov. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=832.062 - 0
=832.062

Operating Liabilities(Q: Nov. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=207.267 - 27.62 - 0
=179.647

* 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.

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Nuveen Intermediate Dur Muni Term Fund (Nuveen Intermediate Dur Muni Term Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Intermediate Dur Muni Term Fund (NYSE:NID) » Definitions » Scaled Net Operating Assets
Comparable Companies
NIE BHK NKX VINP CION PFN EOI GGN TRIN LDP BLK BX TSX:BAM.A OSTO:INVE A BK APO KKR AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Intermediate Dur Muni Term Fund is a diversified closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income exempt from regular federal income tax. The Fund's secondary investment objective is to seek additional total return. The fund seeks to achieve its objectives by investing in undervalued municipal securities, the income from which is exempt from regular federal income tax. The fund invests half of its managed assets in investment grade municipal securities.
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
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, 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
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, 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
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey 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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606