Nuveen Amt Free Municipal Fund Quote
| NUW Fund | USD 13.51 0.12 0.90% |
Performance0 of 100
| Odds Of DistressLess than 17
|
Nuveen Amt-free is selling for under 13.51 as of the 24th of April 2024; that is 0.90 percent increase since the beginning of the trading day. The fund's lowest day price was 13.4. Nuveen Amt-free has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Nuveen Amt Free Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen AMT-Free Municipal Value Fund was formed on November 19, 2008 and is domiciled in the United States. Nuveen Muni is traded on New York Stock Exchange in the United States.. The company has 17.95 M outstanding shares of which 17.88 K shares are now shorted by investors with about 0.44 days to cover. More on Nuveen Amt Free Municipal
Moving against Nuveen Fund
| 0.71 | EIRRX | Et Vn Dr | PairCorr |
| 0.63 | AFRAX | Invesco Floating Rate | PairCorr |
| 0.62 | RMLPX | Recurrent Mlp Infras | PairCorr |
| 0.6 | ATRFX | Catalyst Intelligent | PairCorr |
| 0.58 | SWWXX | Charles Schwab | PairCorr |
| 0.56 | XNKGX | Nuveen Georgia Quality | PairCorr |
| 0.53 | BLNDX | Standpoint Multi Asset | PairCorr |
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 Amt-free's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Amt-free or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Robert Bremner |
| Fund Concentration | Muni National Long Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Nuveen Amt Free Municipal [NUW] is traded in USA and was established 24th of April 2024. The fund is not categorized under any group at the present time. Nuveen Amt Free now has in assets with no minimum investment requirementsThe fund is currently generating return of 0.12% with the current yeild of 0.01%, while the total return for the last 3 years was -1.35%.
Check Nuveen Amt-free Probability Of Bankruptcy
Nuveen Amt-free Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Nuveen Amt-free jumping above the current price in 90 days from now is about 67.78%. The Nuveen Amt Free Municipal probability density function shows the probability of Nuveen Amt-free fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Nuveen Amt-free has a beta of 0.2098. This indicates as returns on the market go up, Nuveen Amt-free average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Amt Free Municipal will be expected to be much smaller as well. Additionally, nuveen Amt Free Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nuveen Amt-free to move above the current price in 90 days from now is about 67.78 (This Nuveen Amt Free Municipal probability density function shows the probability of Nuveen Fund to fall within a particular range of prices over 90 days) .
Nuveen Amt Free Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Amt-free market risk premium is the additional return an investor will receive from holding Nuveen Amt-free 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 Amt-free. 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 Amt-free's alpha and beta are two of the key measurements used to evaluate Nuveen Amt-free's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.19) |
Nuveen Amt-free Against Markets
Picking the right benchmark for Nuveen Amt-free 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 Amt-free 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 Amt-free is critical whether you are bullish or bearish towards Nuveen Amt Free Municipal at a given time. Please also check how Nuveen Amt-free'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 Amt-free 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Nuveen Fund?
Before investing in Nuveen Amt-free, 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 Amt-free. To buy Nuveen Amt-free fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Amt-free. 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 Amt-free fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Amt Free Municipal 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 Amt Free Municipal 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 Amt Free Municipal, 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 Amt Free Municipal?
The danger of trading Nuveen Amt Free Municipal 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 Amt-free 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 Amt-free. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Amt Free 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 Amt Free Municipal. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.