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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Gross-Profit-to-Asset % : -15.68% (As of Oct. 2023)


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What is Nuveen Municipal Credit Opps Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nuveen Municipal Credit Opps Fund's annualized Gross Profit for the quarter that ended in Oct. 2023 was $-172.34 Mil. Nuveen Municipal Credit Opps Fund's average Total Assets over the quarter that ended in Oct. 2023 was $1,099.35 Mil. Therefore, Nuveen Municipal Credit Opps Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2023 was -15.68%.


Nuveen Municipal Credit Opps Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset % 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 Municipal Credit Opps Fund Gross-Profit-to-Asset % Chart

Nuveen Municipal Credit Opps Fund Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Gross-Profit-to-Asset %
0.51 -8.07 14.83 -15.84 -2.20

Nuveen Municipal Credit Opps Fund Semi-Annual Data
Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only 7.01 -15.80 -16.09 11.02 -15.68

Competitive Comparison of Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Credit Opps Fund's Gross-Profit-to-Asset % falls into.



Nuveen Municipal Credit Opps Fund Gross-Profit-to-Asset % Calculation

Nuveen Municipal Credit Opps Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=-23.952/( (1120.591+1061.63)/ 2 )
=-23.952/1091.1105
=-2.20 %

Nuveen Municipal Credit Opps Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-172.344/( (1137.069+1061.63)/ 2 )
=-172.344/1099.3495
=-15.68 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Oct. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Nuveen Municipal Credit Opps Fund Gross-Profit-to-Asset % Related Terms

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Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Executives
Terence J Toth other: Chairman of the Board
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
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
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Headlines

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