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Nuveen Seniorome Fund ROE %

: 9.81% (As of Jul. 2021)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Nuveen Seniorome Fund's annualized net income attributable to common stockholders for the quarter that ended in Jul. 2021 was $22.90 Mil. Nuveen Seniorome Fund's average Total Stockholders Equity over the quarter that ended in Jul. 2021 was $233.36 Mil. Therefore, Nuveen Seniorome Fund's annualized ROE % for the quarter that ended in Jul. 2021 was 9.81%.

The historical rank and industry rank for Nuveen Seniorome Fund's ROE % or its related term are showing as below:

NYSE:NSL' s ROE % Range Over the Past 10 Years
Min: -10.43   Med: 5.68   Max: 16.19
Current: 16.02

-10.43
16.19

During the past 5 years, Nuveen Seniorome Fund's highest ROE % was 16.19%. The lowest was -10.43%. And the median was 5.68%.

NYSE:NSL's ROE % is ranked lower than
99.99% of the 69 Companies
in the Asset Management industry.

( Industry Median: 10.74 vs. NYSE:NSL: 16.02 )

Nuveen Seniorome Fund ROE % Historical Data

The historical data trend for Nuveen Seniorome Fund's ROE % 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 Seniorome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
ROE %
9.64 5.68 1.76 -10.43 16.19

Nuveen Seniorome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.04 5.03 -26.44 22.36 9.81

Competitive Comparison

For the Asset Management subindustry, Nuveen Seniorome Fund's ROE %, along with its competitors' market caps and ROE % 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 Seniorome Fund ROE % Distribution

For the Asset Management industry and Financial Services sector, Nuveen Seniorome Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Nuveen Seniorome Fund's ROE % falls into.



Nuveen Seniorome Fund ROE % Calculation

Nuveen Seniorome Fund's annualized ROE % for the fiscal year that ended in Jul. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Jul. 2021 )/( (Total Stockholders Equity (A: Jul. 2020 )+Total Stockholders Equity (A: Jul. 2021 ))/ count )
=36.332/( (213.69+235.214)/ 2 )
=36.332/224.452
=16.19 %

Nuveen Seniorome Fund's annualized ROE % for the quarter that ended in Jul. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jul. 2021 )/( (Total Stockholders Equity (Q: Jan. 2021 )+Total Stockholders Equity (Q: Jul. 2021 ))/ count )
=22.896/( (231.508+235.214)/ 2 )
=22.896/233.361
=9.81 %

* 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.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is two times the semi-annual (Jul. 2021) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Nuveen Seniorome Fund  (NYSE:NSL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jul. 2021 )
=Net Income/Total Stockholders Equity
=22.896/233.361
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.896 / 23.36)*(23.36 / 389.2205)*(389.2205 / 233.361)
=Net Margin %*Asset Turnover*Equity Multiplier
=98.01 %*0.06*1.6679
=ROA %*Equity Multiplier
=5.88 %*1.6679
=9.81 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jul. 2021 )
=Net Income/Total Stockholders Equity
=22.896/233.361
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (22.896 / 22.896) * (22.896 / 0) * (0 / 23.36) * (23.36 / 389.2205) * (389.2205 / 233.361)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * N/A * 0 % * 0.06 * 1.6679
=9.81 %

Note: The net income attributable to common stockholders data used here is two times the semi-annual (Jul. 2021) net income attributable to common stockholders data. The Revenue data used here is two times the semi-annual (Jul. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Nuveen Seniorome Fund ROE % Related Terms

Thank you for viewing the detailed overview of Nuveen Seniorome Fund's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Seniorome Fund Business Description

Nuveen Seniorome Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Senior Income Fund is a diversified closed-end investment company. Its investment objective is to achieve a high level of current income, consistent with capital preservation. The fund invests primarily in adjustable rate U.S. dollar-denominated secured Senior Loans.
Executives
Morgan Deann officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR NEW YORK NY 10281
Meissner Jon Scott officer: Vice President 333 W WACKER DRIVE STE 3400 CHICAGO IL 60606
Longerstaey Jacques M officer: Vice President 333 WEST WACKER DRIVE C/O NUVEEN STE 3400 CHICAGO IL 60606
Lockhart Brian J officer: Vice President 333 WEST WACKER DRIVE C/O NUVEEN STE 3400 CHICAGO IL 60606
Rhee Jenny Y other: Portfolio Manager C/O NUVEEN INVESTMENTS 333 W. WACKER DRIVE CHICAGO IL 60606
Wickerham E. Scott officer: Vice President C/O NUVEEN STE 3400 CHICAGO IL 60606
Caraher Scott C. other: Portfolio Manager C/O NUVEEN INVESTMENTS 333 W. WACKER DRIVE CHICAGO IL 60606
Meyers William T. officer: Vice President C/O NUVEEN 333 W. WACKER DRIVE CHICAGO IL 60606
Winget Demark L officer: Vice President C/O NUVEEN INVESTMENTS 333 W WACKER DRIVE CHICAGO IL 60606
Jones Nathaniel T. officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE STE 3400 CHICAGO IL 60606
Perry Michael A officer: Vice President 101 PARK AVENUE SUITE 1400 OKLAHOMA CITY OK 73102
Siffermann William A officer: Vice President C/O NUVEEN 333 W. WACKER DRIVE CHICAGO IL 60606
Robert Young L other: Trustee 1111 POLARIS PARKWAY COLUMBUS OH 43240
Citigroup Inc 10 percent owner 388 GREENWICH STREET NEW YORK NY 10013
Rohrbacher Christopher M. officer: Vice President 333 W. WACKER DRIVE C/O NUVEEN INVESTMENTS CHICAGO IL 60606

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