Nuveen Core Equity Alpha Fund (JCE) Stock

About Nuveen Core Equity Alpha Fund

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 headquartered in US.

Nuveen Core Equity Alpha Fund (JCE) stock trades at $16.57 with a market capitalization of $278.94M. The stock is valued at a price-to-earnings (P/E) ratio of 6.03, price-to-book of 0.98, price-to-sales of 11.81. Over the past 52 weeks the stock has ranged between $13.99 and $16.71, and currently trades at its 52-week high. It pays a dividend yielding 8.81%.

On profitability, Nuveen Core Equity Alpha Fund generates a return on equity (ROE) of 16.83%, above the typical market average, return on capital employed of 16.15%, an operating margin of 197.32%, a net profit margin of 197.32%.

Official website: www.nuveen.com/CEF/Product/Overview.aspx?FundCode=JCE