Nuveen New York Fund Quote
| NAN Fund | USD 10.69 0.04 0.38% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Nuveen New is selling at 10.69 as of the 18th of April 2024; that is 0.38% increase since the beginning of the trading day. The fund's open price was 10.65. Nuveen New has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nuveen New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 18th of April 2024. Click here to learn more.
Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen New York Quality Municipal Income Fund was formed on May 26, 1999 and is domiciled in the United States. Nuveen New is traded on New York Stock Exchange in the United States.. The company has 30.85 M outstanding shares of which 9.12 K shares are now shorted by investors with about 0.12 days to cover. More on Nuveen New York
Nuveen Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Terence Toth |
| Old Name | North American Nickel Inc |
| Fund Concentration | Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Nuveen New York [NAN] is traded in USA and was established 18th of April 2024. The fund is not categorized under any group at the present time. Nuveen New York now has in assets with no minimum investment requirementsThe fund is currently generating return of 0.13% with the current yeild of 0.0%, while the total return for the last 3 years was -3.41%.
Nuveen New York has about 2.01 M in cash with 22.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Nuveen New Probability Of Bankruptcy
Nuveen New York Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen New market risk premium is the additional return an investor will receive from holding Nuveen New long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen New. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen New's alpha and beta are two of the key measurements used to evaluate Nuveen New's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) |
Nuveen New Against Markets
Picking the right benchmark for Nuveen New fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen New fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen New is critical whether you are bullish or bearish towards Nuveen New York at a given time. Please also check how Nuveen New's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nuveen New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Nuveen Fund?
Before investing in Nuveen New, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen New. To buy Nuveen New fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen New. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen New fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen New York fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nuveen New York fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nuveen New York, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nuveen New York?
The danger of trading Nuveen New York is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen New. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen New York is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen New York. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nuveen New York information on this page should be used as a complementary analysis to other Nuveen New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.