| Nuveen Short Duration Credit Opportunities Fund is a closed-end management investment company. The Fund's investment objective is to provide current income and the potential for capital appreciation. Under normal market circumstances the Fund will invest at least 70% of its managed assets in adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments. The Fund may make limited tactical investments in high yield debt and other debt instruments of up to 30% of its managed assets. We show 1 historical shares outstanding datapoints in our JSD shares outstanding history coverage, used to compute JSD market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JSD market cap history over the course of time is important for investors
interested in comparing JSD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of JSD versus a peer is one thing; comparing
JSD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like JSD can fluctuate over the course of history.
With this page we aim to empower investors researching JSD by allowing them to research the JSD market cap history.