Joel Slager - Nuveen California Vice President Assistant Secretary

NKX Fund  USD 11.97  0.02  0.17%   
Joel Slager is Fund Manager at Nuveen California Amt
Mr. Joel T. Slager serves as Vice President and Assistant Secretary of the company. He is Fund Tax Director for Nuveen Funds previously, Vice President of Morgan Stanley Investment Management, Inc., Assistant Treasurer of the Morgan Stanley Funds Tax Director at PricewaterhouseCoopers LLP .
Age 40
Tenure 11 years
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NKX

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.

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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
William Adams, Director
David Kundert, Independent Director
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
Stephen Foy, Vice President, Controller
Joel Slager, Vice President Assistant Secretary
Margo Cook, Vice President
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Chief Compliance Officer, Vice President
Nathaniel Jones, Vice President Treasurer
Robert Bremner, Independent Director
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
Kathleen Prudhomme, Vice President Assistant Secretary
Thomas Schreier, Director
Lorna Ferguson, Vice President
Walter Kelly, Chief Compliance Officer, Vice President
Virginia Stringer, Independent Director
William Schneider, Independent Chairman of the Board
John Nelson, Independent Director
Albin Moschner, Independent Director
Amy Lancellotta, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
Scott Grace, VP and Treasurer
William Hunter, Independent Director
Tina Lazar, Vice President
Sherri Hlavacek, Vice President Treasurer

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.

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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.
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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.