NUM Market Cap History Table | ||||
Also see: NUM Shares Outstanding History and NUM YTD Return |
NUM Market Cap History Table | ||||
Also see: NUM Shares Outstanding History and NUM YTD Return |
NUM Market Cap History Chart | |||
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NUM Stock Price Chart |
About Nuveen Michigan Quality Municipal Income Fund |
Nuveen Michigan Quality Municipal Income Fund is registered as a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. We show 1 historical shares outstanding datapoints in our NUM shares outstanding history coverage, used to compute NUM market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing NUM market cap history over the course of time is important for investors interested in comparing NUM'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 NUM versus a peer is one thing; comparing NUM 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 NUM can fluctuate over the course of history. With this page we aim to empower investors researching NUM by allowing them to research the NUM market cap history. |
NUM Current Stock Quote |
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Video: The Importance of Market Cap | |
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NUM Share Performance |
Market Cap Peers |
Nuveen Michigan Qualityome Municipal Fund (NUM) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
NUV Market Cap History |
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