Notable Mover: Nuveen Tax Advantaged Total Return Strategy Fund (NYSE:JTA) Sentiment Falls in Q2 2016

November 16, 2016 - By Darrin Black   ·   0 Comments

Notable Mover: Nuveen Tax Advantaged Total Return Strategy Fund (NYSE:JTA) Sentiment  Falls in  Q2 2016

Sentiment for Nuveen Tax Advantaged Total Return Strategy Fund (NYSE:JTA)

Nuveen Tax Advantaged Total Return Strategy Fund (NYSE:JTA) institutional sentiment decreased to 0.79 in Q2 2016. Its down -0.68, from 1.47 in 2016Q1. The ratio turned negative, as 19 funds started new or increased positions, while 24 sold and trimmed holdings in Nuveen Tax Advantaged Total Return Strategy Fund. The funds in our partner’s database now have: 1.89 million shares, down from 2.33 million shares in 2016Q1. Also, the number of funds holding Nuveen Tax Advantaged Total Return Strategy Fund in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 14 Increased: 12 New Position: 7.

Nuveen Tax-Advantaged Total Return Strategy Fund is a diversified, closed-end investment company. The company has a market cap of $156.15 million. The Fund’s investment objective is to achieve a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation by investing primarily in a portfolio of dividend-paying common stocks that pays dividends that may be eligible for favorable federal income taxation at rates applicable to long-term capital gains. It currently has negative earnings. It also invests in preferred securities that are eligible to pay tax-advantaged dividends, as well as in senior loans , domestic corporate bonds, notes and debentures, convertible debt securities and other similar types of corporate instruments, including high-yield debt securities, that are not eligible to pay tax-advantaged dividends.

About 19,965 shares traded hands. Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (NYSE:JTA) has risen 0.54% since April 14, 2016 and is uptrending. It has underperformed by 4.15% the S&P500.

Shaker Financial Services Llc holds 1.97% of its portfolio in Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd for 198,232 shares. Jacobus Wealth Management Inc. owns 148,745 shares or 0.65% of their US portfolio. Moreover, Bkd Wealth Advisors Llc has 0.07% invested in the company for 33,517 shares. The Florida-based Thomas J. Herzfeld Advisors Inc. has invested 0.06% in the stock. Advisors Asset Management Inc., a Colorado-based fund reported 200,673 shares.#img1#

JTA Company Profile

Nuveen Tax-Advantaged Total Return Strategy Fund is a diversified, closed-end management investment company. The Fund’s investments in dividend-paying common or preferred stocks are managed by NWQ Investment Management Company, LLC (NWQ), while the Fund’s investments in senior corporate loans and other debt instruments are managed by Symphony Asset Management, LLC (Symphony). The Fund invests primarily in a portfolio of dividend-paying common stocks, which at the time of investment are eligible to pay dividends that qualify for favorable federal income taxation at rates applicable to long-term capital gains (tax-advantaged dividends). The Fund will also invest to a more limited extent in preferred securities that are eligible to pay tax-advantaged dividends, as well as senior loans (both secured and unsecured), domestic corporate bonds, notes and debentures, convertible debt securities, and other similar types of corporate instruments, including high-yield debt securities that are not eligible to pay tax-advantaged dividends.

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By Darrin Black


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