Nuveen Core Equity Alpha Fund (JCE)
Nuveen Core Equity Alpha Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $16.81, up 0.30% on the session, giving a market capitalisation of $283.0M. On trailing twelve-month figures it carries a trailing P/E of 5.42, a net margin of 170.5%. Its beta of 1.08 implies it has historically moved more than the broad market.
The Nuveen Core Equity Alpha Fund (JCE) is a specialized closed-end equity fund. Orchestrated by Nuveen Investments Inc., its operational oversight is a collaborative effort involving Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It directs its primary investments towards public equities within the United States. Additionally, a portion of its assets may be allocated to derivatives, specifically futures and options. The fund diversifies its holdings across a broad spectrum of industries. A significant emphasis is placed on large-capitalization companies, typically those whose market values align with constituents of the S&P 500 Index. Portfolio construction is guided by a rigorous quantitative analysis methodology. Its performance benchmark is the S&P 500 Index. Established on March 23, 2007, the fund is domiciled in the United States.
Nuveen Core Equity Alpha Fund is most often compared with the following Financial Services names: