As returns on market increase, Nuveen returns are expected to increase less than the market. However during bear market, the loss on holding Nuveen will be expected to be smaller as well.
NAC NYSE Nuveen California Dividend Advantage Municipal Fund
Jack Evans Trustee, Chairman of Dividend Committee, Member of Nominating and Governance Committee and Member of Compliance, Risk Management and Regulatory Oversight Committee, MBA
Judith Stockdale Trustee, Chairman of Compliance, Risk Management and Regulatory Oversight Committee, Member of Executive Committee, Member of Nominating and Governance Committee and Member of Dividend Committee
David Kundert Trustee, Chairman of Audit Committee and Member of Nominating and Governance Committee
The median price of Nuveen for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 15.25 with a coefficient of variation of 0.85. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 15.26, and mean deviation of 0.11. The Stock received some media coverage during the period.
Nuveen California Dividend Advantage Municipal Fund [NAC] is traded on New York Stock Exchange in USA. It is located in Chicago, IL and employs 23 people. The company currently falls under 'Small-Cap' category with total capitalization of 357.24 M. Nuveen California Dividend Advantage Municipal Fund runs under Financial sector within Closed-End Fund - Debt industry. This company has 23.49 M outstanding shares of which 15.61 K shares are now shorted by investors with about 0.1 days to cover shorted positions.
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