During the past 12 months, Nuveen Intermediate Dur Muni Term Fund's average Total Assets Growth Rate was -8.70% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 5 years, Nuveen Intermediate Dur Muni Term Fund's highest 3-Year average Total Assets Growth Rate was 2.30%. The lowest was -0.20%. And the median was 1.05%.
* 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 Intermediate Dur Muni Term Fund Total Assets Chart
Nuveen Intermediate Dur Muni Term Fund Annual Data
Trend
May18
May19
May20
May21
May22
Total Assets
840.94
859.96
843.67
905.05
854.82
Nuveen Intermediate Dur Muni Term Fund Semi-Annual Data
Nuveen Intermediate Dur Muni Term 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.
* 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 Intermediate Dur Muni Term Fund (NYSE:NID) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Nov. 2022) 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 Intermediate Dur Muni Term Fund's Asset Turnover for the quarter that ended in Nov. 2022 is
* 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 Intermediate Dur Muni Term Fund Total Assets Related Terms
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Nuveen Intermediate Dur Muni Term Fund (Nuveen Intermediate Dur Muni Term Fund) Business Description
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.
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