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Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Book Value per Share : $9.48 (As of Oct. 2023)


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What is Nuveen Municipal Highome Opp Fund Book Value per Share?

Nuveen Municipal Highome Opp Fund's book value per share for the quarter that ended in Oct. 2023 was $9.48.

During the past 12 months, Nuveen Municipal Highome Opp Fund's average Book Value Per Share Growth Rate was -4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nuveen Municipal Highome Opp Fund was 5.70% per year. The lowest was -10.80% per year. And the median was 0.50% per year.

Nuveen Municipal Highome Opp Fund's current price is $10.25. Its book value per share for the quarter that ended in Oct. 2023 was $9.48. Hence, today's PB Ratio of Nuveen Municipal Highome Opp Fund is 1.08.

During the past 13 years, the highest P/B Ratio of Nuveen Municipal Highome Opp Fund was 1.19. The lowest was 0.68. And the median was 1.01.

Warning Sign:

Nuveen Municipal High Income Opp Fund stock PB Ratio (=1.08) is close to 10-year high of 1.19


Nuveen Municipal Highome Opp Fund Book Value per Share Historical Data

The historical data trend for Nuveen Municipal Highome Opp Fund's Book Value per Share 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 Book Value per Share Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.04 13.22 14.53 9.97 9.48

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
Book Value per Share 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 14.53 12.11 9.97 11.16 9.48

Competitive Comparison of Nuveen Municipal Highome Opp Fund's Book Value per Share

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

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

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's PB Ratio falls into.



Nuveen Municipal Highome Opp Fund Book Value per Share Calculation

Nuveen Municipal Highome Opp Fund's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,048.15-0.00)/110.54
=9.48

Nuveen Municipal Highome Opp Fund's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,048.15-0.00)/110.54
=9.48

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Nuveen Municipal Highome Opp Fund  (NYSE:NMZ) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Nuveen Municipal Highome Opp Fund Book Value per Share Related Terms

Thank you for viewing the detailed overview of Nuveen Municipal Highome Opp Fund's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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

From GuruFocus

Nuveen Municipal High Income Opp Fund's Dividend Analysis

By GuruFocus Research 10-11-2023