NYSE:NEV

Stock Analysis Report

Nuveen Enhanced Municipal Value Fund

Executive Summary

Nuveen Enhanced Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc.


Snowflake Analysis

Share Price & News

How has Nuveen Enhanced Municipal Value Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NEV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.8%

NEV

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

14.2%

NEV

15.4%

US Capital Markets

17.8%

US Market

Return vs Industry: NEV matched the US Capital Markets industry which returned 15.5% over the past year.

Return vs Market: NEV underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

NEVIndustryMarket
7 Day2.8%-1.5%-1.1%
30 Day3.2%1.0%1.5%
90 Day6.8%3.9%6.6%
1 Year19.7%14.2%17.6%15.4%20.2%17.8%
3 Year29.1%10.3%37.5%29.8%47.5%38.1%
5 Year33.4%1.0%78.9%62.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is Nuveen Enhanced Municipal Value Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nuveen Enhanced Municipal Value Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Nuveen Enhanced Municipal Value Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Nuveen Enhanced Municipal Value Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Nuveen Enhanced Municipal Value Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen Enhanced Municipal Value Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Nuveen Enhanced Municipal Value Fund performed over the past 5 years?

17.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Nuveen Enhanced Municipal Value Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Nuveen Enhanced Municipal Value Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Nuveen Enhanced Municipal Value Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Nuveen Enhanced Municipal Value Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Nuveen Enhanced Municipal Value Fund's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NEV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NEV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NEV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NEV's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

14.1yrs

Average board tenure


CEO

Nuveen Enhanced Municipal Value Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Kundert
Independent Trustee15.1yrsUS$854.00no data
William Schneider
Chairman6.6yrsUS$942.00no data
Robert Bremner
Independent Trustee24.1yrsUS$936.00no data
Judith Stockdale
Independent Trustee23.1yrsUS$782.00no data
Jack Evans
Independent Trustee21.1yrsUS$773.00no data
Virginia Stringer
Independent Trustee9.1yrsUS$722.00no data
William Hunter
Independent Trustee16.1yrsUS$686.00no data
Terence Toth
Independent Trustee12.1yrsUS$839.00no data
John Nelson
Independent Trustee6.4yrsUS$50.00no data
Carole Stone
Independent Trustee13.1yrsUS$791.00no data

14.1yrs

Average Tenure

72yo

Average Age

Experienced Board: NEV's board of directors are seasoned and experienced ( 14.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Nuveen Enhanced Municipal Value Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Nuveen Enhanced Municipal Value Fund
  • 333 West Wacker Drive
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEVNYSE (New York Stock Exchange)YesCOMUSUSDSep 2009

Biography

Nuveen Enhanced Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 23.00 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor’s (S&P) National Municipal Bond Index. Nuveen Dividend Advantage Municipal Fund 3 was formed on July 27, 2009 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:49
End of Day Share Price2020/02/21 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.