Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Total Assets : $682.96 Mil (As of Oct. 2015)

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What is Nuveen Dividend Advantage Muni Fund 2 Total Assets?

Nuveen Dividend Advantage Muni Fund 2's Total Assets for the quarter that ended in Oct. 2015 was $682.96 Mil.

Total Assets is connected with ROA %. Nuveen Dividend Advantage Muni Fund 2's annualized ROA % for the quarter that ended in Oct. 2015 was 2.98%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Dividend Advantage Muni Fund 2's Asset Turnover for the quarter that ended in Oct. 2015 was 0.02.

Nuveen Dividend Advantage Muni Fund 2 Total Assets Historical Data

The historical data trend for Nuveen Dividend Advantage Muni Fund 2'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 Dividend Advantage Muni Fund 2 Total Assets Chart

Nuveen Dividend Advantage Muni Fund 2 Annual Data

Trend

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Total Assets

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649.99

691.47

651.79

689.47

682.96

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15
Total Assets	Get a 7-Day Free Trial							651.79	668.29	689.47	689.14	682.96

Nuveen Dividend Advantage Muni Fund 2 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 Dividend Advantage Muni Fund 2's Total Assets for the fiscal year that ended in Oct. 2015 is calculated as

Total Assets	=	Total Equity (A: Oct. 2015 )	+	Total Liabilities (A: Oct. 2015 )
	=	464.275	+	218.682
	=	682.96

Nuveen Dividend Advantage Muni Fund 2's Total Assets for the quarter that ended in Oct. 2015 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2015 )	+	Total Liabilities (Q: Oct. 2015 )
	=	464.275	+	218.682
	=	682.96

Nuveen Dividend Advantage Muni Fund 2 (AMEX:NXZ) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Dividend Advantage Muni Fund 2's annualized ROA % for the quarter that ended in Oct. 2015 is

ROA %	=	Net Income (Q: Oct. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Oct. 2015 ))	/ count )
	=	20.472	/	( (689.138	+	682.957)	/ 2 )
	=	20.472	/	686.0475
	=	2.98 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2015) 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 Dividend Advantage Muni Fund 2's Asset Turnover for the quarter that ended in Oct. 2015 is

	Asset Turnover
=	Revenue (Q: Oct. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Oct. 2015 ))	/ count )
=	14.401	/	( (689.138	+	682.957)	/ 2 )
=	14.401	/	686.0475
=	0.02

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 Dividend Advantage Muni Fund 2 Total Assets Related Terms

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Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dividend Advantage Muni Fund 2 (AMEX:NXZ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.nuveen.com

Nuveen Dividend Advantage Muni Fund 2 invests in municipal securities that are exempt from federal income taxes. The Company's investment objective is to provide current income exempt from regular federal income tax and to enhance portfolio value.

Executives

Margaret L. Wolff	other: Trustee	C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Sherri A Hlavacek	officer: Vice President and Treasurer	333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb	officer: Vice President	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman	officer: Chief Administrative Officer	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Citigroup Inc	10 percent owner	388 GREENWICH STREET, NEW YORK NY 10013
John Kevin Nelson	other: Trustee	C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Schreier Thomas S Jr	other: Trustee	C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Joel T. Slager	officer: Vice President	C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin	other: Portfolio Manager	333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Spalding Thomas C Jr	officer: V.P. & Portfolio Manager	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Douglas J White	other: Portfolio Manager	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Virginia Stringer	other: Trustee	800 NICOLLET MALL, C/O US BANCORP ASSET MANAGEMENT, MINNEAPOLIS MI 55402
Kathleen L Prudhomme	officer: Vice President	800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Christopher L Drahn	other: Portfolio Manager	800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Michael S. Hamilton	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606

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