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NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND (NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND) Total Assets : $324.00 Mil (As of May. 2019)


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What is NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Total Assets?

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Total Assets for the quarter that ended in May. 2019 was $324.00 Mil.

Total Assets is connected with ROA %. NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's annualized ROA % for the quarter that ended in May. 2019 was 9.90%. Total Assets is also linked to Revenue through Asset Turnover. NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Asset Turnover for the quarter that ended in May. 2019 was 0.05.


NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Total Assets Historical Data

The historical data trend for NUVEEN CONNECTICUT QUALITY MUNICIPALOME 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 CONNECTICUT QUALITY MUNICIPALOME FUND Total Assets Chart

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Annual Data
Trend May18 May19
Total Assets
316.43 324.00

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Semi-Annual Data
Nov17 May18 Nov18 May19
Total Assets 315.86 316.43 314.38 324.00

NUVEEN CONNECTICUT QUALITY MUNICIPALOME 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 CONNECTICUT QUALITY MUNICIPALOME FUND's Total Assets for the fiscal year that ended in May. 2019 is calculated as

Total Assets=Total Equity (A: May. 2019 )+Total Liabilities (A: May. 2019 )
=203.674+120.324
=324.00

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Total Assets for the quarter that ended in May. 2019 is calculated as

Total Assets=Total Equity (Q: May. 2019 )+Total Liabilities (Q: May. 2019 )
=203.674+120.324
=324.00

* 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 CONNECTICUT QUALITY MUNICIPALOME FUND  (NYSE:NTC) Total Assets Explanation

Total Assets is connected with ROA %.

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's annualized ROA % for the quarter that ended in May. 2019 is

ROA %=Net Income (Q: May. 2019 )/( (Total Assets (Q: Nov. 2018 )+Total Assets (Q: May. 2019 ))/ count )
=31.604/( (314.384+323.998)/ 2 )
=31.604/319.191
=9.90 %

Note: The Net Income data used here is two times the semi-annual (May. 2019) 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 CONNECTICUT QUALITY MUNICIPALOME FUND's Asset Turnover for the quarter that ended in May. 2019 is

Asset Turnover
=Revenue (Q: May. 2019 )/( (Total Assets (Q: Nov. 2018 )+Total Assets (Q: May. 2019 ))/ count )
=15.88/( (314.384+323.998)/ 2 )
=15.88/319.191
=0.05

* 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.

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 CONNECTICUT QUALITY MUNICIPALOME FUND Total Assets Related Terms

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NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND (NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND) Business Description

Traded in Other Exchanges
N/A
Address
333 WEST WACKAER DR, CHICAGO, IL, USA, 60606
Executives
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
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
William A Siffermann officer: Vice President 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
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103

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