home Latest News Puhui Wealth Investment Management Co. Ltd. (PHCF)'s Financial Results Comparing With Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) – The Financial Examiner – The FinExaminer

Puhui Wealth Investment Management Co. Ltd. (PHCF)'s Financial Results Comparing With Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) – The Financial Examiner – The FinExaminer

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Both Puhui Wealth Investment Management Co. Ltd. (NASDAQ:PHCF) and Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) compete on a level playing field in the Asset Management industry. We will evaluate their performance with regards to dividends, institutional ownership, analyst recommendations, profitability, risk, earnings and valuation.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Puhui Wealth Investment Management Co. Ltd. 4.14M 11.07 N/A 0.04 99.50
Nuveen California AMT-Free Quality Municipal Income Fund 50.10M 13.06 3.76M 0.08 171.77

Table 1 shows top-line revenue, earnings per share (EPS) and valuation of the two companies. Nuveen California AMT-Free Quality Municipal Income Fund appears to has higher revenue and earnings than Puhui Wealth Investment Management Co. Ltd. The business with the lower price-to-earnings out of the two companies is considered for more affordable of the two firms currently. Puhui Wealth Investment Management Co. Ltd.’s current price-to-earnings ratio is lower than that of Nuveen California AMT-Free Quality Municipal Income Fund, which means that it is the affordable of the two.

Profitability

Table 2 demonstrates the return on equity, net margins and return on assets of Puhui Wealth Investment Management Co. Ltd. and Nuveen California AMT-Free Quality Municipal Income Fund.

Net Margins Return on Equity Return on Assets
Puhui Wealth Investment Management Co. Ltd. 0.00% 0% 0%
Nuveen California AMT-Free Quality Municipal Income Fund 7.50% 0% 0%

Dividends

The dividend yield for Nuveen California AMT-Free Quality Municipal Income Fund is 5.23% while its annual dividend payout is $0.71 per share. Puhui Wealth Investment Management Co. Ltd. does not pay a dividend.

Insider and Institutional Ownership

Institutional investors owned 0% of Puhui Wealth Investment Management Co. Ltd. shares and 15.2% of Nuveen California AMT-Free Quality Municipal Income Fund shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Puhui Wealth Investment Management Co. Ltd. 0% -21.96% 0% 0% 0% -33.65%
Nuveen California AMT-Free Quality Municipal Income Fund 0.97% 2.11% 7.44% 1.72% -2.86% 7.02%

For the past year Puhui Wealth Investment Management Co. Ltd. had bearish trend while Nuveen California AMT-Free Quality Municipal Income Fund had bullish trend.

Summary

Nuveen California AMT-Free Quality Municipal Income Fund beats on 11 of the 11 factors Puhui Wealth Investment Management Co. Ltd.

Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of California, United States. The fund primarily invests in undervalued municipal securities and other related investments the income which are exempt from regular federal and California income taxes and are rated Baa, BBB or higher with an average maturity of 20.17 years. It employs fundamental analysis with a bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s (S&P) California Municipal Bond Index and the S&P National Municipal Bond Index. It was formerly known as Nuveen California AMT-Free Municipal Income Fund. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

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