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Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Goodwill-to-Asset : 0.00 (As of Oct. 2023)


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What is Nuveen Municipal Highome Opp Fund Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nuveen Municipal Highome Opp Fund's Goodwill for the quarter that ended in Oct. 2023 was $0.00 Mil. Nuveen Municipal Highome Opp Fund's Total Assets for the quarter that ended in Oct. 2023 was $1,834.06 Mil. Therefore, Nuveen Municipal Highome Opp Fund's Goodwill to Asset Ratio for the quarter that ended in Oct. 2023 was 0.00.


Nuveen Municipal Highome Opp Fund Goodwill-to-Asset Historical Data

The historical data trend for Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Municipal Highome Opp Fund Goodwill-to-Asset Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Goodwill-to-Asset
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Nuveen Municipal Highome Opp Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Competitive Comparison of Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset

For the Asset Management subindustry, Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's Goodwill-to-Asset falls into.



Nuveen Municipal Highome Opp Fund Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Nuveen Municipal Highome Opp Fund's Goodwill to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Goodwill to Asset (A: Oct. 2023 )=Goodwill/Total Assets
=0/1834.064
=0.00

Nuveen Municipal Highome Opp Fund's Goodwill to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Goodwill to Asset (Q: Oct. 2023 )=Goodwill/Total Assets
=0/1834.064
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nuveen Municipal Highome Opp Fund  (NYSE:NMZ) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Nuveen Municipal Highome Opp Fund Goodwill-to-Asset Related Terms

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Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal High Income Opp Fund is a diversified, closed-end management investment company. The company's investment objectives is to provide current income exempt from regular federal income tax by investing predominantly in a portfolio of municipal obligations issued by state and local government authorities or certain U.S. territories. It seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns. The fund invests in municipal securities that are exempt from federal income taxes.
Executives
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Terence J Toth officer: Trustee
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Db Municipal Holdings Llc 10 percent owner 1209 ORANGE STREET, CORPORATION TRUST CENTER, WILMINGTON DE 19801
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606

Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Headlines

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