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Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Pretax Margin % : 100.50% (As of Oct. 2023)


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What is Nuveen Municipal Highome Opp Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen Municipal Highome Opp Fund's Pre-Tax Income for the six months ended in Oct. 2023 was $-155.86 Mil. Nuveen Municipal Highome Opp Fund's Revenue for the six months ended in Oct. 2023 was $-155.08 Mil. Therefore, Nuveen Municipal Highome Opp Fund's pretax margin for the quarter that ended in Oct. 2023 was 100.50%.

The historical rank and industry rank for Nuveen Municipal Highome Opp Fund's Pretax Margin % or its related term are showing as below:

NMZ' s Pretax Margin % Range Over the Past 10 Years
Min: 81.66   Med: 99.15   Max: 108.01
Current: 84.77


NMZ's Pretax Margin % is ranked worse than
53.57% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs NMZ: 84.77

Nuveen Municipal Highome Opp Fund Pretax Margin % Historical Data

The historical data trend for Nuveen Municipal Highome Opp Fund's Pretax 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 Municipal Highome Opp Fund Pretax Margin % Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.49 108.01 99.54 100.22 84.78

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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.25 100.17 100.26 99.68 100.50

Competitive Comparison of Nuveen Municipal Highome Opp Fund's Pretax Margin %

For the Asset Management subindustry, Nuveen Municipal Highome Opp Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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 Municipal Highome Opp Fund's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's Pretax Margin % falls into.



Nuveen Municipal Highome Opp Fund Pretax Margin % Calculation

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

Nuveen Municipal Highome Opp Fund's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=7.256/8.559
=84.78 %

Nuveen Municipal Highome Opp Fund's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-155.863/-155.082
=100.50 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nuveen Municipal Highome Opp Fund Pretax Margin % 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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