Nuveen Core Equity Alpha Fund Common Shares of Beneficial Interest (JCE)

FairStock Score: 45/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I ask whether I understand the asset and whether the price protects me. Nuveen Core Equity Alpha Fund is a closed-end fund holding large-cap U.S. equities and using derivatives. That makes it a managed portfolio rather than an operating business; any competitive advantage rests with Nuveen and INTECH, not a brand or factory. The supplied figures show a market cap of $269 million and a close of $17.05 on 2026-10-13, near the 52-week high of $17.45 and above the low of $13.99. The FairStock-calculated P/E is 5.57, and the FairStock-calculated Graham Number is $34.13, implying a 50.04% margin of safety. That looks statistically cheap, and an 8.54% dividend yield is attractive. But I do not confuse a low multiple with a safe bargain. The Piotroski F-Score is only 1/9, the FairStock Score is 45/100, and the Lynch category is none because there are zero years of filed results versus the three required. Revenue growth, profit growth, ROE, ROCE, and debt-to-equity are unavailable, so I cannot verify durability or distribution coverage. The Altman Z-Score of 185.08 is extreme and likely not meaningful for a fund. In short, the price may be below a calculated intrinsic estimate, but the quality evidence is thin and the price is near its high. I would need more filed history before treating this as a classic Graham bargain.

In plain English: This is a closed-end fund that invests mostly in large U.S. stocks and uses some derivatives. The limited data makes business quality hard to judge: the price looks low compared with the earnings figure provided and the dividend is high, but weak fundamental scores and no multi-year filing history are caution signs. At $17.05, it trades near the top of its 52-week range, so the price does not look deeply discounted by market action.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer