Gifford Zimmerman - Nuveen New Chief Compliance Officer, Vice President
| NAN Fund | USD 11.57 0.05 0.43% |
Mr. Gifford R. Zimmerman is Vice President, Secretary of the Company. He was Chief Administrative Officer of Nuveen New York Dividend Advantage Municipal Fund. He serves as Managing Director and Assistant Secretary of Nuveen Securities, LLC Managing Director, Assistant Secretary and CoGeneral Counsel of Nuveen Fund Advisors, LLC Managing Director and Assistant Secretary of Nuveen Investments, Inc. Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC Vice President and Assistant Secretary of NWQ Investment Management Company, LLC and Nuveen Investments Advisers Inc. Managing Director, Associate General Counsel and Assistant Secretary of Symphony Asset Management LLC Vice President and Assistant Secretary of Santa Barbara Asset Management, LLC and of Winslow Capital Management, LLC Vice President and Assistant Secretary, formerly, Chief Administrative Officer and Chief Compliance Officer of Nuveen Commodities Asset Management, LLC Chartered Financial Analyst.
| Age | 64 |
| Tenure | 4 years |
| Phone | 312 917 7700 |
| Web | https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NAN&refsrc=vu_nuveen.com/nan |
Gifford Zimmerman Latest Insider Activity
Tracking and analyzing the buying and selling activities of Gifford Zimmerman against Nuveen New fund is an integral part of due diligence when investing in Nuveen New. Gifford Zimmerman insider activity provides valuable insight into whether Nuveen New is net buyers or sellers over its current business cycle. Note, Nuveen New insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen New'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Gifford Zimmerman over a year ago Purchase by Gifford Zimmerman of 1000 shares of Nuveen NASDAQ |
Nuveen New Management Performance (%)
The company has Return on Asset of 1.66 % which means that on every $100 spent on assets, it made $1.66 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.39) %, meaning that it generated no profit with money invested by stockholders. Nuveen New's management efficiency ratios could be used to measure how well Nuveen New manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Walter Kelly | Nuveen California Select | 50 | |
| Robin Stelmach | MFS Investment Grade | 63 | |
| Stephen Welsh | MFS Investment Grade | 67 | |
| Lisa Leonard | DTF Tax Free | 56 | |
| Christopher Rohrbacher | Nuveen California Select | 50 | |
| William Renahan | DTF Tax Free | 50 | |
| Eric Elvekrog | DTF Tax Free | 53 | |
| Kevin McCarthy | Nuveen California Select | 55 | |
| Payson Swaffield | Eaton Vance National | 63 | |
| Andrew Arnott | John Hancock Income | 49 | |
| Kevin Connaughton | MFS Investment Grade | 60 | |
| Jonathan Diorio | Blackrock Muniholdings Closed | 41 | |
| Joel Slager | Nuveen California Select | 41 | |
| Robert Ostrowski | Federated Premier Municipal | 57 | |
| Jonathan Diorio | Blackrock Muni Intermediate | 41 | |
| Nathaniel Jones | Nuveen California Select | 42 | |
| Daniel Petrisko | DTF Tax Free | 60 | |
| Maureen Gemma | Eaton Vance National | 60 | |
| Esq Bordewick | MFS Investment Grade | 65 | |
| Connie Luecke | DTF Tax Free | 60 | |
| Nikita Thaker | DTF Tax Free | 40 | |
Management Performance
| Return On Equity | -0.39 | ||||
| Return On Asset | 1.66 |
Nuveen New York Leadership Team
Elected by the shareholders, the Nuveen New's board of directors comprises two types of representatives: Nuveen New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen New's management team and ensure that shareholders' interests are well served. Nuveen New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen New's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Winget, Vice President Assistant Secretary | ||
| Robert Young, Independent Director | ||
| E Wickerham, Vice President Controller | ||
| Deann Morgan, Vice President | ||
| Jack Evans, Independent Director | ||
| David Lamb, Chief Administrative Officer | ||
| Mark Czarniecki, Vice President Assistant Secretary | ||
| Cedric Antosiewicz, Chief Administrative Officer | ||
| Judith Stockdale, Independent Director | ||
| William Siffermann, Vice President | ||
| William Meyers, Vice President | ||
| Michael Perry, Vice President | ||
| Jacques Longerstaey, Vice President | ||
| Matthew Thornton, Independent Director | ||
| Margaret Wolff, Independent Director | ||
| Brian Lockhart, Vice President | ||
| Margo Cook, Independent Director | ||
| Joel Slager, Vice President Assistant Secretary | ||
| Diana Gonzalez, Vice President Assistant Secretary | ||
| Gifford Zimmerman, Chief Compliance Officer, Vice President | ||
| Nathaniel Jones, Vice President Treasurer | ||
| Terence Toth, Independent Chairman of the Board | ||
| Carole Stone, Independent Director | ||
| Jon Meissner, Vice President, Assistant Secretary | ||
| Christopher Rohrbacher, Vice President Assistant Secretary | ||
| Joanne Medero, Independent Director | ||
| Walter Kelly, Vice President, Chief Compliance Officer | ||
| John Nelson, Independent Director | ||
| Albin Moschner, Independent Director | ||
| Amy Lancellotta, Independent Director | ||
| Kevin McCarthy, Vice President, Assistant Secretary | ||
| William Hunter, Independent Director | ||
| Tina Lazar, Vice President |
Nuveen Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen New a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.39 | ||||
| Return On Asset | 1.66 | ||||
| Profit Margin | (7.27) % | ||||
| Operating Margin | 78.12 % | ||||
| Current Valuation | 561.73 M | ||||
| Shares Outstanding | 30.85 M | ||||
| Shares Owned By Institutions | 15.40 % | ||||
| Number Of Shares Shorted | 9.12 K | ||||
| Price To Earning | 72.11 X | ||||
| Price To Book | 0.72 X |
Pair Trading with Nuveen New
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen New will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Fund
The ability to find closely correlated positions to Nuveen New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen New York to buy it.
The correlation of Nuveen New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen New York moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nuveen Fund
Nuveen New financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen New security.
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