- Last Ratings Update:10/31/2013
- Price as of 10/31/2013 :$13.09
- Net Assets:$180.93 Million
- Peer Rank:109 of 272
- Investment Rating:B
We rate Nuveen Tax-Advant Tot Ret Strat Fd at B. This overall rating indicates it is among the top 10% of all closed end mutual funds in its peer group. Positive factors that influence this rating include a well above average total return and low price volatility. The fund invests approximately 69% of its assets in stocks and may be considered for investors seeking an Equity Income strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The Nuveen Tax-Advant Tot Ret Strat Fd has returned an annual rate of 4.85% since inception. More recently, the fund has generated a total return of 18.97% in the last five years, 13.49% in the last three years, and 31.90% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 77% of them. It has also outpaced 78% of its competitors on a three year basis and 84% of them over the last year for the period ending 10/31/2013. On a year to date basis, JTA has returned 31.16%.
Downside risk has been below average. JTA has a draw down risk of -20.33%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.5%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 10/31/2013, the fund was trading at a price of $13.09, which is 1.3% below its 52-week high of $13.26 and 8.6% above its 52-week low of $12.05.
High expense ratio hinders performance. On total assets of $180.93 million, JTA maintains a high expense ratio compared to its Equity Income peers of 1.88% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As JTA is a closed end fund, it has no front end or back end load.
Manager tenure and performance record are net positives. Substandard fund managers tend to be replaced, so a long tenure is usually a good sign that a fund is achieving its objectives. The Nuveen Tax-Advant Tot Ret Strat Fd has been managed by Gunther M. Stein for the last 10 years. Over that period, the manager was able to capture more actual gains in excess of the expected return than 56% of other fund managers.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
Latest Stock Upgrades/Downgrades