During the past 12 months, Nuveen Municipal Credit Opps Fund's average Total Assets Growth Rate was -5.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.40% per year.
During the past 5 years, Nuveen Municipal Credit Opps Fund's highest 3-Year average Total Assets Growth Rate was 10.40%. The lowest was -2.40%. And the median was 4.00%.
* 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.
* Premium members only.
Nuveen Municipal Credit Opps Fund Total Assets Chart
Nuveen Municipal Credit Opps Fund Annual Data
Trend
Oct19
Oct20
Oct21
Oct22
Oct23
Total Assets
844.95
1,160.95
1,303.61
1,120.59
1,061.63
Nuveen Municipal Credit Opps Fund Semi-Annual Data
Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund (NYSE:NMCO) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Oct. 2023) 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 Municipal Credit Opps Fund's Asset Turnover for the quarter that ended in Oct. 2023 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 Municipal Credit Opps Fund Total Assets Related Terms
Thank you for viewing the detailed overview of Nuveen Municipal Credit Opps Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NMCO has been successfully added to your 