NBB:NYE-Nuveen Build America Bond Fund of Beneficial Interest (USD)

ETF | Staffing & Employment Services | New York Stock Exchange

Last Closing

USD 16.97

Change

-0.18 (-1.05)%

Market Cap

USD 0.54B

Volume

0.14M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Fund is a newly organized, diversified, closed-end management investment company. The Funds primary investment objective is to provide current income through investments in taxable municipal securities. As a secondary objective, the Fund will seek to enhance portfolio value and total return. The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of taxable municipal securities known as Build America Bonds. The Fund believes there could be an opportunity to capitalize on the developing market for Build America Bonds by investing in taxable municipal issues at attractive market yields relative to the yields on equivalently rated corporate bonds. Nuveen Asset Management will use its credit research driven investment process to assemble a diversified portfolio. In addition, the Fund will use an integrated leverage and hedging strategy that, in the advisors judgment, has the potential to enhance income and risk-adjusted total return over time. The Funds overall goal is to outperform over time the Barclays Capital Build America Bond Index, an unleveraged index representing the Build America Bond market, while maintaining a comparable overall level of interest rate risk.

Inception Date: 28/04/2010

Primary Benchmark: NA

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 1.13%

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: 2024-09-17 )

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ETFs Containing NBB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Staffing & Employment Services) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.47% 82% B 52% F
Dividend Return 5.38% 100% F 83% B
Total Return 12.86% 82% B 62% D
Trailing 12 Months  
Capital Gain 14.12% 91% A- 55% F
Dividend Return 9.87% 100% F 92% A
Total Return 24.00% 91% A- 70% C-
Trailing 5 Years  
Capital Gain -22.93% 40% F 21% F
Dividend Return 26.91% 100% F 81% B-
Total Return 3.98% 60% D- 31% F
Average Annual (5 Year Horizon)  
Capital Gain -7.11% 17% F 11% F
Dividend Return -1.34% 42% F 18% F
Total Return 5.77% 100% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 12.86% 100% F 70% C-
Risk Adjusted Return -10.43% 17% F 19% F
Market Capitalization 0.54B N/A N/A N/A N/A

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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.