Nuveen Santa Barbara Fund Quote

NUGIX Fund  USD 34.21  0.28  0.83%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Nuveen Santa is trading at 34.21 as of the 28th of March 2024; that is 0.83 percent up since the beginning of the trading day. The fund's open price was 33.93. Nuveen Santa has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 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 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in dividend-paying equity securities, which include preferred securities. The minimum portion of the funds net assets invested in non-U.S. securities will be reduced to 50 percent of the MSCI World Indexs non-U.S. More on Nuveen Santa Barbara

Moving together with Nuveen Mutual Fund

  0.97STFGX State Farm GrowthPairCorr
  0.67FYMNX Nuveen Minnesota MunPairCorr
  0.92NFFCX Nuveen Symphony FloatingPairCorr
  0.92NFRAX Nuveen Symphony FloatingPairCorr
  0.93NFRFX Nuveen Symphony FloatingPairCorr
  0.93NFRIX Nuveen Symphony FloatingPairCorr

Moving against Nuveen Mutual Fund

  0.54FRLCX Nuveen Real EstatePairCorr
  0.48FREAX Nuveen Real EstatePairCorr
  0.46FREGX Nuveen Real EstatePairCorr
  0.42NGJCX Nuveen Global RealPairCorr

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 ConcentrationNuveen Funds, Large Blend Funds, World Large-Stock Blend Funds, World Large-Stock Blend, Nuveen, Large Blend, World Large-Stock Blend (View all Sectors)
Update Date31st of March 2024
Nuveen Santa Barbara [NUGIX] is traded in USA and was established 28th of March 2024. Nuveen Santa is listed under Nuveen category by Fama And French industry classification. The fund is listed under World Large-Stock Blend category and is part of Nuveen family. This fund now has accumulated 22.7 M in assets with no minimum investment requirementsNuveen Santa Barbara is currently producing year-to-date (YTD) return of 5.72% with the current yeild of 0.01%, while the total return for the last 3 years was 7.71%.
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

UNPUnion PacificStockIndustrials
BNKHFBOC Hong KongPink SheetBanks—Regional
BDXBecton Dickinson AndStockHealth Care
HONHoneywell InternationalStockIndustrials
UNHUnitedHealth Group IncorporatedStockHealth Care
TXNTexas Instruments IncorporatedStockInformation Technology
NEENextera EnergyStockUtilities
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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 5.91%. 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 Barbara has a beta of -0.0239. This indicates as returns on benchmark increase, returns on holding Nuveen Santa are expected to decrease at a much lower rate. During the bear market, however, Nuveen Santa Barbara is likely to outperform the market. Additionally, nuveen Santa Barbara has an alpha of 0.1019, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 34.21HorizonTargetOdds Above 34.21
93.96%90 days
 34.21 
5.91%
Based on a normal probability distribution, the odds of Nuveen Santa to move above the current price in 90 days from now is about 5.91 (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.

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.

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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 gross domestic product.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Nuveen Santa's price analysis, check to measure Nuveen Santa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Santa is operating at the current time. Most of Nuveen Santa's value examination focuses on studying past and present price action to predict the probability of Nuveen Santa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Santa's price. Additionally, you may evaluate how the addition of Nuveen Santa to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nuveen Santa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Santa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Santa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.