Nuveen Enhanced Municipal Value Fund
Market Cap
US$0
Last Updated
2020/02/24 02:49 UTC
Data Sources
Company Financials
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
| NEV | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -1.5% | -1.1% |
| 30 Day | 3.2% | 1.0% | 1.5% |
| 90 Day | 6.8% | 3.9% | 6.6% |
| 1 Year | 19.7%14.2% | 17.6%15.4% | 20.2%17.8% |
| 3 Year | 29.1%10.3% | 37.5%29.8% | 47.5%38.1% |
| 5 Year | 33.4%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
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Trustee | 15.1yrs | US$854.00 | no data | |
| Chairman | 6.6yrs | US$942.00 | no data | |
| Independent Trustee | 24.1yrs | US$936.00 | no data | |
| Independent Trustee | 23.1yrs | US$782.00 | no data | |
| Independent Trustee | 21.1yrs | US$773.00 | no data | |
| Independent Trustee | 9.1yrs | US$722.00 | no data | |
| Independent Trustee | 16.1yrs | US$686.00 | no data | |
| Independent Trustee | 12.1yrs | US$839.00 | no data | |
| Independent Trustee | 6.4yrs | US$50.00 | no data | |
| Independent Trustee | 13.1yrs | US$791.00 | no 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
- Name: Nuveen Enhanced Municipal Value Fund
- Ticker: NEV
- Exchange: NYSE
- Founded: 2009
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$0
- Shares outstanding: 0
- Website: https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NEV&refsrc=vu_nuveen.com/nev
Location
- Nuveen Enhanced Municipal Value Fund
- 333 West Wacker Drive
- Chicago
- Illinois
- 60606
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NEV | NYSE (New York Stock Exchange) | Yes | COM | US | USD | Sep 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/24 02:49 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | N/A |
| Annual Earnings | N/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.