Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Total Assets : $861.11 Mil (As of Oct. 2023)

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What is Nuveen Dynamic Municipal Opportunities Total Assets?

Nuveen Dynamic Municipal Opportunities's Total Assets for the quarter that ended in Oct. 2023 was $861.11 Mil.

During the past 12 months, Nuveen Dynamic Municipal Opportunities's average Total Assets Growth Rate was 5.60% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year.

During the past 4 years, Nuveen Dynamic Municipal Opportunities's highest 3-Year average Total Assets Growth Rate was -2.60%. The lowest was -2.60%. And the median was -2.60%.

Total Assets is connected with ROA %. Nuveen Dynamic Municipal Opportunities's annualized ROA % for the quarter that ended in Oct. 2023 was -11.57%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Dynamic Municipal Opportunities's Asset Turnover for the quarter that ended in Oct. 2023 was -0.06.

Nuveen Dynamic Municipal Opportunities Total Assets Historical Data

The historical data trend for Nuveen Dynamic Municipal Opportunities's Total Assets 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.

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Nuveen Dynamic Municipal Opportunities Total Assets Chart

Nuveen Dynamic Municipal Opportunities Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Total Assets

1,059.56

1,392.58

869.67

861.11

Nuveen Dynamic Municipal Opportunities Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial			1,392.58	1,202.53	869.67	913.58	861.11

Nuveen Dynamic Municipal Opportunities Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nuveen Dynamic Municipal Opportunities's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	583.504	+	277.607
	=	861.11

Nuveen Dynamic Municipal Opportunities's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	583.504	+	277.607
	=	861.11

Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Dynamic Municipal Opportunities's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-102.676	/	( (913.577	+	861.111)	/ 2 )
	=	-102.676	/	887.344
	=	-11.57 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nuveen Dynamic Municipal Opportunities's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	-51.17	/	( (913.577	+	861.111)	/ 2 )
=	-51.17	/	887.344
=	-0.06

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nuveen Dynamic Municipal Opportunities Total Assets Related Terms

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Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.

Executives

Trey Iii Stenersen	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc.	10 percent owner	909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc	10 percent owner	40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto	10 percent owner	66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
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
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
Michael S. Hamilton	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn	other: Portfolio Manager	800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale	other: Trustee	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan	other: Portfolio Manager	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman	officer: Vice President & Secretary	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606