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Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) Net Margin % : 95.32% (As of Aug. 2023)


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What is Nuveen NY Select Tax-Freeome Port Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nuveen NY Select Tax-Freeome Port's Net Income for the six months ended in Aug. 2023 was $0.84 Mil. Nuveen NY Select Tax-Freeome Port's Revenue for the six months ended in Aug. 2023 was $0.88 Mil. Therefore, Nuveen NY Select Tax-Freeome Port's net margin for the quarter that ended in Aug. 2023 was 95.32%.

The historical rank and industry rank for Nuveen NY Select Tax-Freeome Port's Net Margin % or its related term are showing as below:

NXN' s Net Margin % Range Over the Past 10 Years
Min: 92.3   Med: 97.04   Max: 102.15
Current: 92.3


NXN's Net Margin % is ranked better than
56.25% of 1671 companies
in the Asset Management industry
Industry Median: 86.28 vs NXN: 92.30

Nuveen NY Select Tax-Freeome Port Net Margin % Historical Data

The historical data trend for Nuveen NY Select Tax-Freeome Port's Net Margin % 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 NY Select Tax-Freeome Port Net Margin % Chart

Nuveen NY Select Tax-Freeome Port Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23
Net Margin %
95.20 97.04 94.52 97.57 102.15

Nuveen NY Select Tax-Freeome Port Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Aug22 Feb23 Aug23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.01 95.74 101.06 76.07 95.32

Competitive Comparison of Nuveen NY Select Tax-Freeome Port's Net Margin %

For the Asset Management subindustry, Nuveen NY Select Tax-Freeome Port's Net Margin %, along with its competitors' market caps and Net Margin % 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 NY Select Tax-Freeome Port's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NY Select Tax-Freeome Port's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen NY Select Tax-Freeome Port's Net Margin % falls into.



Nuveen NY Select Tax-Freeome Port Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nuveen NY Select Tax-Freeome Port's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as

Net Margin=Net Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=-3.897/-3.815
=102.15 %

Nuveen NY Select Tax-Freeome Port's Net Margin for the quarter that ended in Aug. 2023 is calculated as

Net Margin=Net Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=0.835/0.876
=95.32 %

* 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 NY Select Tax-Freeome Port  (NYSE:NXN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nuveen NY Select Tax-Freeome Port Net Margin % Related Terms

Thank you for viewing the detailed overview of Nuveen NY Select Tax-Freeome Port's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NY Select Tax-Free Income Port is a diversified closed-end management investment company. Its investment objective is to provide stable dividends exempt from regular federal income tax, as well as New York State and New York City personal income tax, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
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
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vicen President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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