Nuveen Symphony Financials
| NCSRX Fund | USD 17.61 0.02 0.11% |
Nuveen |
Please note that past performance is not an indicator of the future performance of Nuveen Symphony, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen Symphony Fund Summary
Nuveen Symphony competes with Morningstar Unconstrained, and SPACE. Under normal circumstances, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in debt instruments rated below investment grade or, if unrated, deemed by the funds portfolio managers to be of comparable quality. The fund invests both in debt issued by U.S. companies and in U.S. dollar-denominated debt issued by non-U.S. companies that is traded over-the-counter or listed on an exchange.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | CO John Nuveen |
| Mutual Fund Family | Nuveen |
| Mutual Fund Category | High Yield Bond |
| Benchmark | NYSE Composite |
| Phone | 800 257 8787 |
| Currency | USD - US Dollar |
You should never invest in Nuveen Symphony Credit without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Nuveen Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Nuveen Symphony's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Nuveen Symphony Key Financial Ratios
Generally speaking, Nuveen Symphony's financial ratios allow both analysts and investors to convert raw data from Nuveen Symphony's financial statements into concise, actionable information that can be used to evaluate the performance of Nuveen Symphony over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nuveen Symphony Credit reports annually and quarterly.Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Symphony's current stock value. Our valuation model uses many indicators to compare Nuveen Symphony value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Symphony competition to find correlations between indicators driving Nuveen Symphony's intrinsic value. More Info.Nuveen Symphony Credit is number one fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 207.35 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nuveen Symphony by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nuveen Symphony's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen Symphony's earnings, one of the primary drivers of an investment's value.Nuveen Symphony Credit Systematic Risk
Nuveen Symphony's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Symphony volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nuveen Symphony Credit correlated with the market. If Beta is less than 0 Nuveen Symphony generally moves in the opposite direction as compared to the market. If Nuveen Symphony Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Symphony Credit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Symphony is generally in the same direction as the market. If Beta > 1 Nuveen Symphony moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Symphony April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Symphony help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Symphony Credit. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Symphony Credit based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen Symphony's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.247 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3986 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Symphony Credit. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.