Carole Stone - Nuveen California Independent Director

NKX Fund  USD 11.86  0.01  0.08%   
Carole Stone is Fund Manager at Nuveen California Amt
Ms. Carole E. Stone serves as Independent Director of the company. Ms. Stone retired from the New York State Division of the Budget in 2004, having served as its Director for nearly five years and as Deputy Director from 1995 through 1999. Ms. Stone is currently on the Board of Directors of the Chicago Board Options Exchange, CBOE Holdings, Inc. and C2 Options Exchange, Incorporated. She has also served as the Chair of the New York Racing Association Oversight Board, as Chair of the Public Authorities Control Board, as a Commissioner on the New York State Commission on Public Authority Reform and as a member of the boards of directors of several New York State public authorities. Ms. Stone has a Bachelor of Arts in Business Administration from Skidmore College. Ms. Stone joined the Board in 2006.
Age 73
Tenure 18 years
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NKX
Stone has a Bachelor of Arts in Business Administration from Skidmore College.

Nuveen California Management Performance (%)

The company has Return on Asset of 1.7 % which means that on every $100 spent on assets, it made $1.7 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.1) %, meaning that it generated no profit with money invested by stockholders. Nuveen California's management efficiency ratios could be used to measure how well Nuveen California manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 456.45 M in debt with debt to equity (D/E) ratio of 0.61, which is OK given its current industry classification. Nuveen California Amt has a current ratio of 0.53, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen California until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen California's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen California Amt sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen California's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Found 14 records

One Year Return

Robert YoungNuveen Pennsylvania Quality
58
Peter TaylorPlatinum Asia Investments
62
Anita DeFrantzPlatinum Asia Investments
68
Jack EvansNuveen Pennsylvania Quality
73
William HunterNuveen Pennsylvania Quality
73
Ronald OlsonPlatinum Asia Investments
79
Margaret WolffNuveen Pennsylvania Quality
66
Jaynie StudenmundPlatinum Asia Investments
66
John NelsonNuveen Pennsylvania Quality
59
Albin MoschnerNuveen Pennsylvania Quality
69
Judith StockdaleNuveen Pennsylvania Quality
74
Avedick PoladianPlatinum Asia Investments
69
Robert AbelesPlatinum Asia Investments
75
Margo CookNuveen Pennsylvania Quality
55
Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States. Nuveen Insured is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Nuveen California Amt Leadership Team

Elected by the shareholders, the Nuveen California's board of directors comprises two types of representatives: Nuveen California inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen California's management team and ensure that shareholders' interests are well served. Nuveen California's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen California's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Winget, Vice President Assistant Secretary
Robert Young, Independent Director
E Wickerham, Vice President Controller
Deann Morgan, Vice President
Jack Evans, Independent Director
David Lamb, Chief Administrative Officer
Mark Czarniecki, Vice President Assistant Secretary
Cedric Antosiewicz, Chief Administrative Officer
Judith Stockdale, Independent Director
William Siffermann, Vice President
William Meyers, Vice President
Michael Perry, Vice President
Jacques Longerstaey, Vice President
Matthew Thornton, Independent Director
Margaret Wolff, Independent Director
Brian Lockhart, Vice President
Margo Cook, Vice President
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Chief Compliance Officer, Vice President
Nathaniel Jones, Vice President Treasurer
Terence Toth, Independent Chairman of the Board
Carole Stone, Independent Director
Jon Meissner, Vice President, Assistant Secretary
Christopher Rohrbacher, Vice President Assistant Secretary
Joanne Medero, Independent Director
Walter Kelly, Chief Compliance Officer, Vice President
John Nelson, Independent Director
Albin Moschner, Independent Director
Amy Lancellotta, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
William Hunter, Independent Director
Tina Lazar, Vice President

Nuveen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen California a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nuveen California in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nuveen California's short interest history, or implied volatility extrapolated from Nuveen California options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen California Amt. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Please note, there is a significant difference between Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.