NZF:NYE-Nuveen Enhanced Municipal Credit Opportunities Fund of Beneficial Interest (USD)

ETF | Asset Management | New York Stock Exchange

Last Closing

USD 11.92

Change

0.00 (0.00)%

Market Cap

USD 1.98B

Volume

0.35M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Nuveen Enhanced Municipal Credit Opportunities Fund is a closed-end investment fund. The Company's investment objective is to provide an attractive level of total return, through long-term capital appreciation and secondarily through income and gains.

Inception Date: 25/09/2001

Primary Benchmark: NA

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 1.48%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-26 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BX Blackstone Group Inc 0.00 %

N/A

USD 146.15B
BLK BlackRock Inc 0.00 %

N/A

USD 114.32B
KKR KKR & Co LP 0.00 %

N/A

USD 100.08B
APO Apollo Global Management LLC C.. 0.00 %

N/A

USD 65.93B
BN Brookfield Corp 0.00 %

N/A

USD 63.45B
BK Bank of New York Mellon 0.00 %

N/A

USD 43.39B
AMP Ameriprise Financial Inc 0.00 %

N/A

USD 42.10B
ARES Ares Management LP 0.00 %

N/A

USD 41.45B
OWL Blue Owl Capital Inc 0.00 %

N/A

USD 23.90B
STT State Street Corp 0.00 %

N/A

USD 21.43B

ETFs Containing NZF

MFLX First Trust Flexible Muni.. 0.45 % 0.00 %

N/A

USD 0.02B
XMPT 0.00 % 0.40 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.85% 42% F 42% F
Dividend Return 2.33% 44% F 77% C+
Total Return 3.18% 41% F 45% F
Trailing 12 Months  
Capital Gain 6.33% 54% F 44% F
Dividend Return 4.45% 34% F 63% D
Total Return 10.79% 46% F 44% F
Trailing 5 Years  
Capital Gain -23.39% 31% F 21% F
Dividend Return 21.65% 34% F 75% C
Total Return -1.74% 20% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -6.16% 23% F 15% F
Dividend Return -1.56% 18% F 19% F
Total Return 4.59% 41% F 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 14.96% 62% D 68% D+
Risk Adjusted Return -10.45% 20% F 20% F
Market Capitalization 1.98B 89% A- 64% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.