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Nuveen AMT-Free Municipalome Fund (Nuveen AMT-Free Municipalome Fund) Price-to-Tangible-Book : 0.97 (As of May. 07, 2024)


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What is Nuveen AMT-Free Municipalome Fund Price-to-Tangible-Book?

As of today (2024-05-07), Nuveen AMT-Free Municipalome Fund's share price is $10.78. Nuveen AMT-Free Municipalome Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $11.17. Hence, Nuveen AMT-Free Municipalome Fund's Price to Tangible Book Ratio of today is 0.97.

The historical rank and industry rank for Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book or its related term are showing as below:

NEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.9   Max: 0.97
Current: 0.97

During the past 13 years, Nuveen AMT-Free Municipalome Fund's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.85. And the median was 0.90.

NEA's Price-to-Tangible-Book is ranked worse than
52.22% of 1624 companies
in the Asset Management industry
Industry Median: 0.95 vs NEA: 0.97

A closely related ratio is called PB Ratio. As of today, Nuveen AMT-Free Municipalome Fund's share price is $10.78. Nuveen AMT-Free Municipalome Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $11.17. Hence, Nuveen AMT-Free Municipalome Fund's P/B Ratio of today is 0.97.


Nuveen AMT-Free Municipalome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book 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 AMT-Free Municipalome Fund Price-to-Tangible-Book Chart

Nuveen AMT-Free Municipalome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.92 0.97 0.90 0.85

Nuveen AMT-Free Municipalome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.94 0.90 0.87 0.85

Competitive Comparison of Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 AMT-Free Municipalome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book falls into.



Nuveen AMT-Free Municipalome Fund Price-to-Tangible-Book Calculation

Nuveen AMT-Free Municipalome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=10.78/11.17
=0.97

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Nuveen AMT-Free Municipalome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nuveen AMT-Free Municipalome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen AMT-Free Municipalome Fund (Nuveen AMT-Free Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen AMT-Free Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals, by investing in an actively managed portfolio of tax-exempt municipal securities.
Executives
Paul L Brennan officer: V.P. & Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Terence J Toth other: Trustee
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
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. 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
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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606

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