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Nuveen Multi-Assetome FundNMAI +1.59%50 Equity-to-Asset is 0.70 as of Jun. 2026, which is 3% above its 10-year median of 0.68. GuruFocus rates NMAI with a GF Score™ of 50/100 and a GF Value™ of $33.45 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,618 Asset Management companies, Nuveen Multi-Assetome Fund ranks worse than 62.36% on this metric.
Nuveen Multi-Assetome Fund (NYSE:NMAI) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nuveen Multi-Assetome Fund Equity-to-Asset Related Terms
Nuveen Multi-Assetome Fund Equity-to-Asset Historical Data
* 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.
NMAI vs HKHC, GHY, PML: Equity-to-Asset Comparison
For the Asset Management subindustry, Nuveen Multi-Assetome Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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-Assetome Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Multi-Assetome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nuveen Multi-Assetome Fund's Equity-to-Asset falls into.
Nuveen Multi-Assetome Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Nuveen Multi-Assetome Fund's Equity to Asset Ratio for the fiscal year 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.
Nuveen Multi-Assetome Fund (NMAI) has a Equity-to-Asset of 0.70 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Multi-Assetome Fund and its competitors. This is near median its historical median of 0.68. Over the past decade, Nuveen Multi-Assetome Fund's Equity-to-Asset has ranged from 0.63 to 0.72. According to the industry distribution chart, Nuveen Multi-Assetome Fund ranks #1009 out of 1618 companies in the Asset Management industry, placing it in the top 62.4%.
Is Nuveen Multi-Assetome Fund's Equity-to-Asset too high?
Nuveen Multi-Assetome Fund's current Equity-to-Asset of 0.70 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.72. The Asset Management industry median Equity-to-Asset is 0.83. Nuveen Multi-Assetome Fund's value of 0.70 is 15.7% below this industry median. Based on the distribution chart, Nuveen Multi-Assetome Fund ranks #1009 out of 1618 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Multi-Assetome Fund has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Assetome Fund's Equity-to-Asset compare to HKHC and GHY?
According to the Asset Management industry distribution chart, Nuveen Multi-Assetome Fund ranks #1009 out of 1618 companies for Equity-to-Asset. This places Nuveen Multi-Assetome Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Nuveen Multi-Assetome Fund's value of 0.70 is 15.7% below this benchmark. Historically, Nuveen Multi-Assetome Fund's own Equity-to-Asset has ranged from 0.63 to 0.72 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.83, Nuveen Multi-Assetome Fund has consistently been below 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Multi-Assetome Fund's current Equity-to-Asset of 0.70 is 15.7% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Multi-Assetome Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Multi-Assetome Fund's current Equity-to-Asset is 0.70, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Assetome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund (NMAI) is currently considered Possible Value Trap. The stock's GF Value™ is $33.45, compared to a current price of $14.10 — trading 57.8% below its estimated fair value. The current Equity-to-Asset is 0.70, which is near median its 10-year median of 0.68 and 15.7% below the Asset Management industry median of 0.83. Nuveen Multi-Assetome Fund's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nuveen Multi-Assetome Fund (NMAI), the current Equity-to-Asset is 0.70 as of Jun. 2026. 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-Assetome Fund (NMAI) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund stock appears to be undervalued.
The current stock price of $14.10 is trading 57.8% below its estimated GF Value™ of $33.45.
GuruFocus considers Nuveen Multi-Assetome Fund to be Possible Value Trap.
Key valuation signals for NMAI:
Equity-to-Asset: 0.70 (near median its 10-year median of 0.68)
GF Value™: $33.45 vs. price of $14.10 (57.8% below fair value)
Industry Position: 15.7% below the Asset Management median (#1009 of 1618)
No single metric tells the full story. See the NMAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The Fund dynamically invests in a portfolio of equity and debt securities of issuers located around the world. This dynamic investment uses a risk-based framework in which any amount can be allocated to an asset-class at any time. The Fund's investment objective is to provide total return through high current income and capital appreciation.
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