JMM (Nuveen Multi-Marketome Fund) Debt-to-Equity: 0.42 (As of Dec. 2025) — Near Median

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JMM Nuveen Multi-Market Income Fund JMM
48 GF Score
Price $5.74
GF Value $7.55
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nuveen Multi-Marketome Fund Debt-to-Equity?

Nuveen Multi-Marketome Fund JMM -0.19% 48 Debt-to-Equity is 0.42 as of Dec. 2025, which is 8% above its 10-year median of 0.39. GuruFocus rates JMM with a GF Score™ of 48/100 and a GF Value™ of $7.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 962 Asset Management companies, Nuveen Multi-Marketome Fund ranks worse than 66.84% on this metric.

Nuveen Multi-Marketome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. Nuveen Multi-Marketome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $26.12 Mil. Nuveen Multi-Marketome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $62.63 Mil. Nuveen Multi-Marketome Fund's debt to equity for the quarter that ended in Dec. 2025 was 0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuveen Multi-Marketome Fund's Debt-to-Equity or its related term are showing as below:

JMM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.39   Max: 0.44
Current: 0.42

During the past 8 years, the highest Debt-to-Equity Ratio of Nuveen Multi-Marketome Fund was 0.44. The lowest was 0.26. And the median was 0.39.

JMM's Debt-to-Equity is ranked worse than
66.84% of 962 companies
in the Asset Management industry
Industry Median: 0.21 vs JMM: 0.42

Nuveen Multi-Marketome Fund  (NYSE:JMM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Nuveen Multi-Marketome Fund Debt-to-Equity Related Terms


Nuveen Multi-Marketome Fund Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nuveen Multi-Marketome Fund's Debt-to-Equity 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.

Nuveen Multi-Marketome Fund Debt-to-Equity Chart

Nuveen Multi-Marketome Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial 0.30 0.39 0.42 0.39 0.41

Nuveen Multi-Marketome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity 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 0.40 0.39 0.39 0.41 0.42

JMM vs MXE, BENF, MGLD: Debt-to-Equity Comparison

For the Asset Management subindustry, Nuveen Multi-Marketome Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Multi-Marketome Fund Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Multi-Marketome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen Multi-Marketome Fund's Debt-to-Equity falls into.


JMM
48GF Score
Nuveen Multi-Market Income Fund JMM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Multi-Marketome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Multi-Marketome Fund's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Nuveen Multi-Marketome Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.42 mean?
Nuveen Multi-Marketome Fund (JMM) has a Debt-to-Equity of 0.42 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nuveen Multi-Marketome Fund and its competitors. This is near median its historical median of 0.39. Over the past decade, Nuveen Multi-Marketome Fund's Debt-to-Equity has ranged from 0.26 to 0.44. According to the industry distribution chart, Nuveen Multi-Marketome Fund ranks #643 out of 962 companies in the Asset Management industry, placing it in the top 66.8%.
Is Nuveen Multi-Marketome Fund's Debt-to-Equity too high?
Nuveen Multi-Marketome Fund's current Debt-to-Equity of 0.42 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.44. The Asset Management industry median Debt-to-Equity is 0.21. Nuveen Multi-Marketome Fund's value of 0.42 is 100% above this industry median. Based on the distribution chart, Nuveen Multi-Marketome Fund ranks #643 out of 962 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Multi-Marketome Fund has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Marketome Fund's Debt-to-Equity compare to MXE and BENF?
According to the Asset Management industry distribution chart, Nuveen Multi-Marketome Fund ranks #643 out of 962 companies for Debt-to-Equity. This places Nuveen Multi-Marketome Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Nuveen Multi-Marketome Fund's value of 0.42 is 100% above this benchmark. Historically, Nuveen Multi-Marketome Fund's own Debt-to-Equity has ranged from 0.26 to 0.44 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.21, Nuveen Multi-Marketome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Multi-Marketome Fund's current Debt-to-Equity of 0.42 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nuveen Multi-Marketome Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Multi-Marketome Fund's current Debt-to-Equity is 0.42, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Marketome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Marketome Fund (JMM) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.55, compared to a current price of $5.74 — trading 24% below its estimated fair value. The current Debt-to-Equity is 0.42, which is near median its 10-year median of 0.39 and 100% above the Asset Management industry median of 0.21. Nuveen Multi-Marketome Fund's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nuveen Multi-Marketome Fund (JMM), the current Debt-to-Equity is 0.42 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Multi-Marketome Fund (JMM) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Multi-Marketome Fund stock appears to be undervalued. The current stock price of $5.74 is trading 24% below its estimated GF Value™ of $7.55. GuruFocus considers Nuveen Multi-Marketome Fund to be Modestly Undervalued.

Key valuation signals for JMM:

  • Debt-to-Equity: 0.42 (near median its 10-year median of 0.39)
  • GF Value™: $7.55 vs. price of $5.74 (24% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 100% above the Asset Management median (#643 of 962)

No single metric tells the full story. See the JMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Multi-Marketome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Multi-Market Income Fund is a United States-based closed-end management investment company. The investment objective of the company is to provide high monthly income consistent with prudent risk to capital. The fund predominantly invests in debt securities, including, but not limited to, residential and commercial mortgage-backed securities, asset-backed securities, corporate debt obligations, convertible debt securities, U.S. government securities, and other such fixed income instruments. It may also invest in preferred stocks.
48GF Score

Get the complete analysis for JMM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.74
Price
$7.55
GF Value