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Nuveen Virginia Quality Municipalome Fund (Nuveen Virginia Quality Municipalome Fund) Net Margin % : 96.20% (As of Nov. 2023)


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What is Nuveen Virginia Quality Municipalome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nuveen Virginia Quality Municipalome Fund's Net Income for the six months ended in Nov. 2023 was $2.51 Mil. Nuveen Virginia Quality Municipalome Fund's Revenue for the six months ended in Nov. 2023 was $2.60 Mil. Therefore, Nuveen Virginia Quality Municipalome Fund's net margin for the quarter that ended in Nov. 2023 was 96.20%.

The historical rank and industry rank for Nuveen Virginia Quality Municipalome Fund's Net Margin % or its related term are showing as below:

NPV' s Net Margin % Range Over the Past 10 Years
Min: 93.29   Med: 98.84   Max: 102.96
Current: 96.22


NPV's Net Margin % is ranked better than
64.87% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs NPV: 96.22

Nuveen Virginia Quality Municipalome Fund Net Margin % Historical Data

The historical data trend for Nuveen Virginia Quality Municipalome Fund's Net 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 Virginia Quality Municipalome Fund Net Margin % Chart

Nuveen Virginia Quality Municipalome Fund Annual Data
Trend May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial 98.49 96.21 99.18 100.76 102.96

Nuveen Virginia Quality Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.82 100.37 100.92 96.24 96.20

Competitive Comparison of Nuveen Virginia Quality Municipalome Fund's Net Margin %

For the Asset Management subindustry, Nuveen Virginia Quality Municipalome Fund's Net Margin %, along with its competitors' market caps and Net 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 Virginia Quality Municipalome Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Virginia Quality Municipalome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen Virginia Quality Municipalome Fund's Net Margin % falls into.



Nuveen Virginia Quality Municipalome Fund Net Margin % Calculation

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

Nuveen Virginia Quality Municipalome Fund's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-9.476/-9.204
=102.96 %

Nuveen Virginia Quality Municipalome Fund's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=2.505/2.604
=96.20 %

* 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 Virginia Quality Municipalome Fund  (NYSE:NPV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nuveen Virginia Quality Municipalome Fund Net Margin % Related Terms

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


Nuveen Virginia Quality Municipalome Fund (Nuveen Virginia Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Virginia Quality Municipal Income Fund is a diversified closed-end management investment company. The fund seeks to provide current income exempt from both regular federal and designated state income taxes. The fund invests primarily in a portfolio of municipal obligations issued by state and local government authorities.
Executives
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
Joanne Medero other: Trustee 333 W. 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
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
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

Nuveen Virginia Quality Municipalome Fund (Nuveen Virginia Quality Municipalome Fund) Headlines