Nuveen Santa Barbara Fund Quote
| NSBAX Fund | USD 56.03 0.19 0.34% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Nuveen Santa is trading at 56.03 as of the 18th of April 2024; that is -0.34 percent decrease since the beginning of the trading day. The fund's open price was 56.22. Nuveen Santa has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nuveen Santa Barbara are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in dividend-paying common stocks and preferred securities. It may, from time to time, have a greater exposure to these higher dividend-yield sectors and industries than the broad equity market. More on Nuveen Santa Barbara
Moving together with Nuveen Mutual Fund
| 0.89 | EMGRX | Nuveen Small Cap | PairCorr |
| 0.91 | NPSAX | Nuveen Preferred Sec | PairCorr |
| 0.87 | NPSFX | Nuveen Preferred Sec | PairCorr |
| 0.86 | NPSCX | Nuveen Preferred Sec | PairCorr |
| 0.9 | NPSRX | Nuveen Preferred Sec | PairCorr |
Nuveen Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen Santa's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Santa or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Nuveen Funds, Large Blend Funds, Large Blend, Nuveen, Large Blend, Large Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Nuveen Santa Barbara [NSBAX] is traded in USA and was established 18th of April 2024. Nuveen Santa is listed under Nuveen category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Nuveen family. This fund now has accumulated 5.96 B in assets with no minimum investment requirementsNuveen Santa Barbara is currently producing year-to-date (YTD) return of 1.09% with the current yeild of 0.01%, while the total return for the last 3 years was 6.39%.
Check Nuveen Santa Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nuveen Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nuveen Santa Barbara Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nuveen Santa Barbara Mutual Fund Constituents
| MRK | Merck Company | Stock | Health Care |
| PSX | Phillips 66 | Stock | Energy |
| NEE | Nextera Energy | Stock | Utilities |
| MSI | Motorola Solutions | Stock | Information Technology |
| AVGO | Broadcom | Stock | Information Technology |
| TXN | Texas Instruments Incorporated | Stock | Information Technology |
| ACN | Accenture plc | Stock | Information Technology |
Nuveen Santa Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nuveen Santa jumping above the current price in 90 days from now is about 88.61%. The Nuveen Santa Barbara probability density function shows the probability of Nuveen Santa mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nuveen Santa has a beta of 0.8795. This indicates Nuveen Santa Barbara market returns are sensitive to returns on the market. As the market goes up or down, Nuveen Santa is expected to follow. Additionally, nuveen Santa Barbara has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nuveen Santa to move above the current price in 90 days from now is about 88.61 (This Nuveen Santa Barbara probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) .
Nuveen Santa Barbara Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Santa market risk premium is the additional return an investor will receive from holding Nuveen Santa long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen Santa. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen Santa's alpha and beta are two of the key measurements used to evaluate Nuveen Santa's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4729 | |||
| Semi Deviation | 0.6187 | |||
| Standard Deviation | 0.6173 | |||
| Variance | 0.3811 |
Nuveen Santa Against Markets
Picking the right benchmark for Nuveen Santa mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Santa mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Santa is critical whether you are bullish or bearish towards Nuveen Santa Barbara at a given time. Please also check how Nuveen Santa's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nuveen Santa without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
How to buy Nuveen Mutual Fund?
Before investing in Nuveen Santa, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen Santa. To buy Nuveen Santa fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Santa. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen Santa fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Santa Barbara fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nuveen Santa Barbara fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nuveen Santa Barbara, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nuveen Santa Barbara?
The danger of trading Nuveen Santa Barbara is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen Santa is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen Santa. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Santa Barbara is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Santa Barbara. 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 nation. Note that the Nuveen Santa Barbara information on this page should be used as a complementary analysis to other Nuveen Santa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..