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Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Total Assets : $561.71 Mil (As of Oct. 2021)


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What is Nuveen Enhanced Municipal Value Fund Total Assets?

Nuveen Enhanced Municipal Value Fund's Total Assets for the quarter that ended in Oct. 2021 was $561.71 Mil.

Total Assets is connected with ROA %. Nuveen Enhanced Municipal Value Fund's annualized ROA % for the quarter that ended in Oct. 2021 was 3.29%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Enhanced Municipal Value Fund's Asset Turnover for the quarter that ended in Oct. 2021 was 0.02.


Nuveen Enhanced Municipal Value Fund Total Assets Historical Data

The historical data trend for Nuveen Enhanced Municipal Value Fund'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.

* Premium members only.

Nuveen Enhanced Municipal Value Fund Total Assets Chart

Nuveen Enhanced Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
Total Assets
425.70 458.44 503.87 517.71 561.71

Nuveen Enhanced Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
Total Assets Get a 7-Day Free Trial Premium Member Only 503.87 482.85 517.71 528.74 561.71

Nuveen Enhanced Municipal Value Fund 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 Enhanced Municipal Value Fund's Total Assets for the fiscal year that ended in Oct. 2021 is calculated as

Total Assets=Total Equity (A: Oct. 2021 )+Total Liabilities (A: Oct. 2021 )
=393.701+168.01
=561.71

Nuveen Enhanced Municipal Value Fund's Total Assets for the quarter that ended in Oct. 2021 is calculated as

Total Assets=Total Equity (Q: Oct. 2021 )+Total Liabilities (Q: Oct. 2021 )
=393.701+168.01
=561.71

* 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 Enhanced Municipal Value Fund  (NYSE:NEV) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Enhanced Municipal Value Fund's annualized ROA % for the quarter that ended in Oct. 2021 is

ROA %=Net Income (Q: Oct. 2021 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Oct. 2021 ))/ count )
=17.962/( (528.744+561.71)/ 2 )
=17.962/545.227
=3.29 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2021) 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 Enhanced Municipal Value Fund's Asset Turnover for the quarter that ended in Oct. 2021 is

Asset Turnover
=Revenue (Q: Oct. 2021 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Oct. 2021 ))/ count )
=9.066/( (528.744+561.71)/ 2 )
=9.066/545.227
=0.02

* 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.

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 Enhanced Municipal Value Fund Total Assets Related Terms

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Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Enhanced Municipal Value Fund is a diversified closed-end management investment company. Its primary investment objective is to provide current income exempt from regular federal income tax. The fund's secondary investment objective is to enhance portfolio value and total return.
Executives
John M. Mccann officer: Vice President 333 WEST 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
Joanne Medero 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
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 T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
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

Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Headlines

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