There appears to be light at the end of the tunnel for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) despite the fact that the company has lost a patent infringement battle with Carnegie Mellon University that could cost it $1.54 billion, meaning its worth taking a closer look at the stock along with the performance of semiconductor ETF benchmarks like SPDR S&P Semiconductor ETF (NYSEARCA: XSD), iShares PHLX SOX Semiconductor Sector (NASDAQ: SOXX) and Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL).
What Are Fabless Semiconductor Stocks and What is Marvell Technology Group?The fabless model refers to the business�model of outsourcing the manufacturing of silicon wafers with�most semiconductor companies actually being fabless because of the high cost for a company to build their own manufacturing fab. Hence, these companies can�concentrate on the design and marketing of chips while outsourcing the production to larger foundry companies.
Top 5 Electric Utility Stocks For 2015: Liberty Media Corp (LMCB)
Liberty Media Corporation, formerly Liberty Spinco, Inc., incorporated on August 10, 2012, focuses on the media, communications and entertainment industries through its ownership of interests in subsidiaries and other companies. Its businesses and assets include consolidated subsidiaries, Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its equity affiliates Sirius XM Radio Inc. and Live Nation Entertainment, Inc. and minority investments in public companies such as Barnes & Noble, Inc., Time Warner Inc., Time Warner Cable, Inc., Viacom Inc. and Sprint Nextel Corporation. On January 11, 2013, Liberty Media Corporation and Starz announced the completion of the spin-off of Liberty from Starz. In connection with the spin-off, Liberty changed its name from Liberty Spinco, Inc. to Liberty Media Corporation. In January 2013, the Company announced that it held approximately 50.7% interest of Sirius XM Radio Inc. In May 2013, Liberty Media Corp acquired a 27.38% stake in Charter Communications Inc.
Atlanta National League Baseball Club, Inc., or ANLBC, a wholly owned subsidiary, owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five minor league baseball clubs (the Gwinnett Braves, the Mississippi Braves, the Rome Braves, the Danville Braves and the GCL Braves). TruePosition is a wholly owned subsidiary that develops and markets technology for locating wireless phones and other wireless devices enabling wireless carriers, application providers and other enterprises to provide E-911 services domestically and other location-based services to mobile users both domestically and worldwide. Sirius XM Radio Inc. (Sirius) broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.
Sir! ius XM Radio Inc. satellite radios are primarily distributed through automakers (OEMs), retail locations nationwide, and through its Website. Sirius offers a dynamic programming lineup of commercial-free music, sports, entertainment, talk, news, traffic and weather. The channel line-ups for its services vary in certain respects and are available at siriusxm.com. Sirius offers a selection of music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin and classical. Within each genre it offers a range of formats, styles and recordings. Sirius offers a range of national, international and financial news, including news from BBC World Service News, Bloomberg Radio, CNBC, CNN, FOX News, HLN, MSNBC, NPR and World Radio Network. Barnes & Noble, Inc., is a content, commerce and technology company providing customers easy and convenient access to books, magazines, newspapers and other content across its multi-channel distribution platform. As of April 28, 2012, Barnes & Noble operated 1,338 bookstores in 50 states, including 647 bookstores on college campuses, operates one of the Internet's e-Commerce sites and develops digital content products and software.
Advisors' Opinion:- [By Wallace Witkowski]
Liberty Media (LMCA) � (LMCB) �class A shares fell 3% to $141.06 on light volume.
10 Best Mid Cap Stocks To Buy For 2014: SP Bancorp Inc.(SPBC)
SP Bancorp, Inc. operates as the holding company for SharePlus Federal Bank that provides community banking products and services to individuals, families, and businesses in the United States. The company offers various deposit products, including noninterest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit. Its loan portfolio includes residential mortgage loans secured by residential real estate; commercial real estate and home equity loans, including lines of credit and home improvement loans; consumer loans consisting primarily of automobile loans; and commercial business loans. The company also provides brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement. It provides its services through seven branches, four of which are located near the Bank's headquarters in Plano, Texas; two branches are located in Louisville, Kentuc ky; and one branch is located in Irvine, California. The company was founded in 2010 and is headquartered in Plano, Texas.
Advisors' Opinion:- [By Lisa Levin]
SP Bancorp (NASDAQ: SPBC) shares touched a new 52-week high of $28.90 after the company agreed to be acquired by Green Bancorp for $46.2 million in cash.
10 Best Mid Cap Stocks To Buy For 2014: K12 Inc (LRN)
K12 Inc. (K12), incorporated in December 1999, is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12. The Company provides a continuum of technology-based educational products and solutions to districts, public schools, private schools, charter schools and families. Its products include Curriculum, Pre-K and K-8 Courses, Online School Platform-Learning Management System, High School Courses, Innovative Learning Applications, School Management Systems and PEAK12. Its managed public schools includes Full-time virtual schools and Blended schools, which includes Flex schools, Passport schools, Discovery schools and Other blended schools. Its institutional Business includes K12 curriculum, Aventa curriculum, A+ curriculum, Middlebury joint venture, Pre-kindergarten and Post-secondary. Its international and private pay business includes Managed private schools, The Keystone School, George Washington University Online HS, K12 International Academy, IS Berne, WEB and Independent course sales (Consumer). In April 2011, it acquired the operations of the International School of Berne (IS Berne).
Curriculum
K12 has the digital curriculum portfolio for the K-12 online education industry. The K12 curriculum consists of online lessons, offline instructional kits and materials, and lesson guides and other ancillaries. The Company offers a catalog of courses designed to teach concepts to students from pre-kindergarten through 12th grade, as well as curriculum for use in post-secondary online programs. A single year-long K12 course generally consists of 120 to 180 instructional lessons. Each lesson is designed to last approximately 45 to 60 minutes, although students are able to work at their own pace. With the acquisition of the curriculum portfolios of KCDL (Aventa), AEC (A+) and Kaplan Virtual Education (KVE), as well as the MI! L joint venture, the Company has nearly 700 courses across kindergarten, elementary, middle and high school, including world languages. This combined portfolio contains over 100,000 hours of instructional content and over one million visual, audio and interactive instructional elements in the Company's asset repository.
The Company's K12 online lessons or curricula are accessed through a learning management platform, which the Company calls its Online School (OLS) for K- 8students and the eCollege platforms for high school students, as well as a number of other common industry platforms for students who access Aventa and A+ curricula. Many of the Company's courses utilize learning kits in conjunction with the online lessons to maximize the effectiveness of its learning systems. In addition to receiving access to the Company's online lessons through the Internet, each K-8 student receives a shipment of materials, including textbooks, art supplies, laboratory supplies (such as microscopes, scales, science specimens) and other reference materials which are referred to and incorporated in instruction throughout its curriculum. The Company's courses are generally paired with a lesson guide. Lesson guides work in coordination with the online lessons and include overview information for learning coaches, lesson objectives, lesson outlines and activities, answer keys to student exercises and suggestions for explaining difficult concepts to students.
Pre-K and K-8 Courses
From pre-kindergarten through 8th grade, the Company's courses are generally categorized into seven major subject areas: English and language arts, mathematics, science, history, art, music and world languages. The Company's curriculum includes all of the courses that students need to complete their core kindergarten through 8th grade education; a new pre-K offering students to core subjects through cross-curricular thematic units, building initial and fundamental relationships among concepts. Its learning! systems ! offer the flexibility for each student to take courses at different grade levels in a single academic year, providing flexibility for students to progress at their own level and pace within each subject area.
The first phase of the Company's K12 second generation elementary language arts program is designed to deliver interactivity and make instruction even more engaging while integrating rewards, interactive practice and a virtual world. The Company's Fundamentals of Geometry and Algebra course completes its K-8 math offering. These courses support students at various skill levels through targeted, timely remediation, embody the Common Core State Standards (CCSS) and include media integration. In addition, the flexibility of the Company's learning systems allows the Company to tailor its curriculum to state specific requirements. For example, the Company has developed 62 courses specifically created for the public schools standards in 13 states. In addition to the ongoing evolution of the Company's K-5 Math+ program, the Company has also created over 80 custom Math+ sequences to serve specific state needs. The Company continues to migrate K12 K-8 courses from its legacy content management system (CMS) to its new CMS.
Online School Platform-Learning Management System
For the Company's K12 curriculum users in grades K-8, the Company provides a learning management system, its OLS platform. The OLS platform is an adaptive, intuitive, Web-based software platform that provides access to the Company's online lessons, its lesson planning and scheduling tools, as well as its progress tracking tool which serves a key role in assisting parents and teachers in managing each student's progress. The OLS is also the central structure through which students, parents, teachers and administrators interact using K-mail and Class Connect (the Company's integrated synchronous session scheduler). Students, parents and teachers can access the Company's online tools and lessons through t! he OLS fr! om anywhere with an Internet connection. The Company licenses a third-party learning management system for uses in its high school program.
High School Courses
The curriculum available to high school students is broader and varies from student to student. Students also are able to select from a range of electives. The Company has augmented its lab program for lab science courses with the creation of alternate kit-free science labs for the formerly kit-based high school science labs in order to provide a more flexible and robust lab program across its physical science, earth science, biology, chemistry and physics courses. The Company's overall lab program includes traditional kit-based labs based on either shipped-in or household materials, virtual labs, video-based labs, data-collection and data-manipulation labs, and field studies. Across all subject areas, the K12 core curriculum accounts for approximately 90% of the Company's high school course enrollments. It also offers curriculum marketed as its Aventa Learning by K12 product line. Aventa courses are written to national academic standards and each of Aventa's 22 AP courses has been reviewed and approved by The College Board. Aventa's online courses are developed by subject matter experts designed by multimedia teams and delivered by high school instructors. Aventa classes are primarily delivered over the Internet and use a variety of interactive elements to keep students engaged throughout.
The Company has A+ courseware, which is in use in over 5,000 public and private K-12 schools, charter schools, colleges, correctional institutions, centers of adult literacy, military education programs and after-school learning centers. The A+nyWhere Learning System provides an integrated offering of instructional software and assessment for reading, mathematics, language arts, science, writing, history, government, economics and geography for grade levels K-12. In addition, AEC provides assessment testing and instructi! onal cont! ent for the General Educational Development (GED) test. AEC products are designed to provide for LAN, WAN and Internet delivery options and support Windows and Macintosh platforms. Spanish-language versions are available for mathematics and language arts for grade levels 1-6.
The Company offers online world language courses and summer immersion language instruction programs through its MIL joint venture. In addition to offering powerspeaK12 language courses, this venture also offers innovative, online language programs for high school and middle school students based on the Middlebury College pedagogy. The new courses use instructional tools such as animation, music, videos and other elements that immerse students in new languages. Beginner French, Chinese and Spanish for high school students, as well as Chinese, French, Latin, Spanish and German courses for middle and high school students are available and additional courses are in development. The joint venture has expanded the Middlebury-Monterey Language Academy (MMLA), a foreign language immersion summer program for middle and high school students, which includes a day academy for middle school students, as well as the Company's four-week residential academy with instruction in Arabic, Chinese, French, German, Italian and Spanish at multiple college campuses.
Innovative Learning Applications
The Company has created tools that allow for more rapid mobile and tablet curriculum or content deployment across platforms for deeper markets penetration. Seven additional mobile applications were delivered during the fiscal year ended June 30, 2012 (fiscal 2012), for a total of 15 applications available for download. These apps have been downloaded over 400,000 times. It offers applications for the iPhone, Android phones and Android tablet marketplaces, adapting many of its curriculum features for the mobile application space. An active educational games initiative is delivering new methods for engagement, practice and r! eview of ! K-12 concepts, including narrative/immersive styles, rewards, persistent data, complex algorithms. The Company has delivered a total of nine interactive games and an innovative review and practices portal called Noodleverse. Noodleverse includes over 1,700 activities and is designed for K-2 students in conjunction with a new language arts program.
The Company has delivered alternatives for its educational partners who desires materials-free curriculum. This includes converting over 59 existing materials-based high school Science labs into interactive virtual labs and video lab This laboratory is performed at a lab bench with all the materials and with the same procedures high school students would use in a physical chemistry laboratory. During fiscal 2012, the Company had converted 35 K12 textbooks used across 57 courses into an electronic format, including textbooks, reference guides, literature readers and lab manuals. This digital delivery ability enables the Company to offer options to the Company's customers through interactive online books that enhance the student's reading experience reinforce the student's learning approach and create a new method for delivering book and print materials. Each offline book is converted into an electronic book format with a custom user interface to be viewed through a standard Web browser or a commercially available electronic reader (Kindle and Nook).
The Company has learning management systems and can build courses that are adaptive, which enable individualized learning experiences as the course adapts at key points to student behavior and input. The Company's MARK12 reading remediation product captures individual students' successes and challenges as they practice phonemic awareness, alphabetic principles, accuracy and fluency, vocabulary and comprehension. The program serves the individual student more exercises, practice and review in areas of difficulty. During fiscal 2012, the Company launched a pilot program for school year call! ed Nation! al Math Lab, designed as a controlled study with randomly selected treatment and control groups from a pool of students in grades 5-10 identified as significantly below grade level in math. The Company continues to explore opportunities to enhance student engagement through strategic use of relevant multimedia. Multimedia is specifically used as appropriate for the subject matter.
School Management Systems
School Management Systems (SAMS) is the Company's student information system. SAMS is integrated with the OLS and several other systems, including the Company's Online Enrollment System that allows parents to complete school enrollment forms online and its order management system that generates orders for learning kits and computers to be delivered to students. SAMS stores student-specific data and is used for a range of functions, including enrolling students in courses, assigning progress marks and grades, tracking student demographic data, and generating student transcripts. The Company has TotalView a range of online applications that provides administrators, teachers, parents and students a unified view of student progress, attendance, communications, and learning kit shipment tracking. TotalView includes a means of documenting student engagement in required classroom activities, identification of those students struggling with grade level state content standards, and previous year's performance on state tests. TotalView also includes K-mail, the Company's internal communications system. Through K-mail, administrators and teachers can communicate electronically with learning coaches and students. TotalView also includes an enrollment processing and tracking tool that allows it to closely monitor and manage the enrollment process for new students.
PEAK12
The Company has an online learning solution called PEAK12. This solution simplifies a district's management of online learning by consolidating multiple solutions on a single platform. It allow! s adminis! trators and teachers to manage enrollments, programs and performance tracking, alerts and reporting across multiple online solutions from a single solution. In addition, through the PEAK12 library, districts can search, build, provision and publish content or course modifications or new course solutions using various online learning assets. PEAK12 provides unparalleled capabilities for districts wanting to operate multiple solutions or catalogs from a single place and offers personalization features that can be managed at the district, school or teacher level.
The Company competes with DeVry, Inc., Pearson PLC, White Hat Management, LLC, National Network of Digital Schools Management Foundation Inc., Apex Learning Inc., Compass Learning, E2020 Inc., OdysseyWare, PLATO Learning, Inc., Rosetta Stone Inc., Houghton Mifflin Harcourt, McGraw-Hill Companies, Pearson PLC., The Laurel Springs School, the National Connections Academy and Florida Virtual School.
Advisors' Opinion:- [By Brian Stoffel]
Investors in K12 Inc (NYSE: LRN ) should have been rejoicing when the company reported earnings yesterday. Instead, the stock fell by as much as 14%.
- [By Rick Aristotle Munarriz]
Bloomberg via Getty Images Companies can make brilliant moves, but there are also times when things don't work out quite as planned. From an online educator getting schooled to a PC dinosaur showing signs of coming back to life, here's a rundown of the week's best and worst in the business world. Hewlett-Packard (HPQ) -- Winner PC sales continue to slide, but market leader HP is turning things around. Industry tracker IDC may have served up some grim metrics for the state of desktops and laptops -- global PC shipments were down by nearly 8 percent, making this the sixth consecutive quarter of slipping sales -- but IDC estimates that HP bucked the trend by shipping more computers than it did a year earlier. The trend is even better domestically. HP was already having a good week when CEO Meg Whitman explained why she felt her company was well-positioned to thrive in the future. The IDC report suggests that HP's rosy future is now. K12 (LRN) -- Loser Online learning has come under fire in recent years. Are the students engaged enough? Is the education effective? Are the cost savings worth the shortcomings of the virtual classroom? We still don't have all of the answers, but we may be seeing enrollments peaking. Shares of K12 were slammed this week after the provider of Web-based curriculums for grade school students posted a disappointing outlook. K12 saws enrollments increased by a softer than expected 6 percent in its latest quarter. K12 also now sees revenue for the entire fiscal year that ends in June clocking in between $905 million and $925 million. Analysts were perched at $988 million. Ouch. That's not a passing grade. Microsoft (MSFT) -- Winner HP wasn't the only winner in IDC's review of the PC industry during the third quarter. Four of the five largest PC makers in this country saw their shipments increase. The lone holdout was Apple (AAPL) experiencing an 11 percent slide in Mac and MacBook sales during the period. That's sweet news for Mic
10 Best Mid Cap Stocks To Buy For 2014: United States Steel Corporation(X)
United States Steel Corporation produces and sells steel mill products in North America and Central Europe. It operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. The USSE segment offers slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves the European construction, service center, conversion, container, transportation, and appliance and electrical, as well as and oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard, and line pipe and mechanical tubing. It primarily serves customers in the oil, gas, and petrochemical markets. The company also provides transportation services, including railroad and barge operations. In addition, it owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania; participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois; and owns approximately 4,000 acres of land in Ontario, Canada. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Advisors' Opinion:- [By Alex Planes]
The first Morgan megadeal actually took place in 1892, when he brought Thomas Edison's company together with several other leading electric ventures to form General Electric (NYSE: GE ) . Morgan's greatest triumph came in 1901, when he formed U.S. Steel (NYSE: X ) , the first billion-dollar company in American history. A year later, Morgan merged farm-implement pioneer McCormick with other agricultural equipment companies to create International Harvester, the predecessor of Navistar.�All three of these companies held spots on the Dow Jones Industrial Average (DJINDICES: ^DJI ) for decades at a time, which -- when including JPMorgan Chase itself -- makes J.P. Morgan the only businessman in American history directly responsible for the creation of four Dow components, past or present.
10 Best Mid Cap Stocks To Buy For 2014: Global Eagle Entertainment Inc (ENT)
Global Eagle Entertainment Inc., formerly Global Eagle Acquisition Corp., incorporated on February 2, 2011, is the full service platform offering both content and connectivity for the worldwide airline industry. Through its combined content, distribution and technology platforms, the Company provides airlines and the millions of travelers they serve with the offering of in-flight video content, e-commerce and information services. Through its Row 44 subsidiary, the Company utilizes Ku-band satellite technology to provide airline passengers with Internet access, live television, shopping and travel-related information. As of February 1, 2013, the Company installed on more than 450 aircraft, Row 44 has the fleet of connected entertainment platforms operating over land and sea globally. In addition, through its AIA division, the Company provides film and television content, games and applications to more than 130 airlines worldwide. In July 2013, the Company announced the acquisition of Post Modern Group, LLC. In October 2013, Global Eagle Entertainment Inc announced that it has acquired Travel Entertainment Group Equity Limited, the United Kingdom-based parent company of IFE Services Limited (IFE Services) from GCP Capital Partners LLP.
The Company�� Row 44 subsidiary provides satellite-based broadband service to the global airline industry. The Company�� Advanced Inflight Alliance (AIA) business is the provider of content services, products and solutions for the global inflight entertainment market. AIA also serves as the exclusive representative in sourcing Hollywood content for 60 airline customers and is the exclusive distributor of content from select Hollywood studios and independent producers to the airline market. In addition, AIA is the airline distributor of Asian, Bollywood, European, Latin American and Middle Eastern content.
Advisors' Opinion:- [By Richard Stavros]
This was particularly the view of Leo Denault, CEO of Entergy Corp (NYSE: ENT). Mr. Denault and his fellow panelist, James Robo, CEO of NextEra Energy Inc (NYSE: NEE), offered rather refreshing perspectives on the industry’s challenges, as they are pursuing strategies that are directionally opposed.
10 Best Mid Cap Stocks To Buy For 2014: Lenovo Group Ltd (LNVGY)
Lenovo Group Limited (Lenovo) is a personal technology company serving customers in more than 160 countries. The Company is a personal computer (PC) vendor. The Company develops, manufactures and markets technology products and services. Its product lines include Think-branded commercial PCs and Idea branded consumer PCs, as well as servers, workstations, and a family of mobile Internet devices, including tablets and smart phones. Lenovo operates seven research and development centers and more than 46 world-class labs, including research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina, the United States. The Company is also engaged in investment holding. It operates in three segments: China, emerging markets (excluding China) and mature markets. Lenovo offers a range of commercial desktops to businesses of all sizes.
The Company�� products include laptops, tablets, desktops, workstations and servers. In May 2010, it launched the LePhone smartphone in China. During the fiscal year ended March 31, 2011 (fiscal 2011), China accounted for 46.4% of the Company�� total sales. During fiscal 2011, Emerging Markets (excluding China) accounted for 17.9% of the Company�� total sales. During fiscal 2011, Mature Markets accounted for 35.7% of the Company�� total sales. Its brands include ThinkPad notebook, as well as products carrying the ThinkCentre, ThinkStation, ThinkServer, IdeaCentre and IdeaPad sub-brands.
Advisors' Opinion:- [By fedezaldua]
On the other hand, IBM seems to be focusing in its most promising businesses and is willing to sell those segments that are not compelling from a ROIC standpoint. A great example of this is IBM's recent agreement to sell the company's x86 server business to Lenovo (LNVGY) for approximately $2.3 billion ($2.0 billion in cash and $300 million in Lenovo stock) or 0.5 times 2013 sales. On top of the cash and stock price, around 7,500 IBM employees shall be hired by Lenovo.
- [By vinaysingh]
Apart from the above-mentioned business areas, HP's core competency still lies in PC markets and we are already aware of the smart devices wave that has almost swept the demand for desktops. In spite of battered demand in consumer PC market, HP increased the unit shipments by 6% y-o-y due to improved demand conditions in the commercial PC markets. As a result of a sturdy performance, HP's market share is now just slightly lower than that of Lenovo (LNVGY), the leader in the PC market. A report from Gartner showcases the shares of enterprises that occupy this market.
- [By Analyse360Degree]
In contrast Samsung had a superb time, reporting a YoY growth of 32.0%, as its shipments increased from 8.5 million to 11.2 million in a years time. However, the most impressive growth was displayed by the fast growing Chinese manufacturer Lenovo (LNVGY). The company reported a stupendous growth of 224.3% in tablet shipments and presently accounts for 4.1% of the global tablet market, up from 1.3% in 1Q13. Lenovo has been taking its devices very seriously and seems to be hell-bent on making a mark on the space, clearly understood from its acquisition of Google (GOOG) owned Motorola.
10 Best Mid Cap Stocks To Buy For 2014: Nuveen Select Maturities Municipal Fund (NIM)
Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.
Advisors' Opinion:- [By Ning Jia]
Net interest margin (NIM): The NIM is calculated by dividing net interest income by average earning
assets. The NIM can vary with the particular business mix and risk taken.
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