Nuveen Core Equity Alpha FundJCE -0.63%46 Pretax Margin % is 99.66% as of Dec. 2025, which is 0% above its 10-year median of 99.58. GuruFocus rates JCE with a GF Score™ of 46/100 and a GF Value™ of $15.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,580 Asset Management companies, Nuveen Core Equity Alpha Fund ranks better than 80.13% on this metric.
The historical rank and industry rank for Nuveen Core Equity Alpha Fund's Pretax Margin % or its related term are showing as below:
JCE'
s Pretax Margin % Range Over the Past 10 Years
Min: 96.8 Med: 99.58 Max: 101.58
Current: 99.51
JCE's Pretax Margin % is ranked better than 80.13% of 1580
companies
in the Asset Management industry
Industry Median: 89.475
vs JCE: 99.51
Nuveen Core Equity Alpha Fund (NYSE:JCE) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nuveen Core Equity Alpha Fund Pretax Margin % Related Terms
Nuveen Core Equity Alpha Fund Pretax Margin % 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.
Nuveen Core Equity Alpha Fund Pretax Margin % Chart
JCE vs XFLT, TDF, CFNB: Pretax Margin % Comparison
For the Asset Management subindustry, Nuveen Core Equity Alpha Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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 Core Equity Alpha Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Core Equity Alpha Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuveen Core Equity Alpha Fund's Pretax Margin % falls into.
* 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 Core Equity Alpha Fund (JCE) has a Pretax Margin % of 99.66% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Core Equity Alpha Fund and its competitors. This is near median its historical median of 99.58. Over the past decade, Nuveen Core Equity Alpha Fund's Pretax Margin % has ranged from 96.80 to 101.58. According to the industry distribution chart, Nuveen Core Equity Alpha Fund ranks #314 out of 1580 companies in the Asset Management industry, placing it in the top 19.9%.
Is Nuveen Core Equity Alpha Fund's Pretax Margin % too high?
Nuveen Core Equity Alpha Fund's current Pretax Margin % of 99.66% is near median its 10-year median of 99.58. Over the past 10 years, this metric has ranged from a low of 96.80 to a high of 101.58. The Asset Management industry median Pretax Margin % is 89.48. Nuveen Core Equity Alpha Fund's value of 99.66% is 11.4% above this industry median. Based on the distribution chart, Nuveen Core Equity Alpha Fund ranks #314 out of 1580 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Core Equity Alpha Fund has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Core Equity Alpha Fund's Pretax Margin % compare to XFLT and TDF?
According to the Asset Management industry distribution chart, Nuveen Core Equity Alpha Fund ranks #314 out of 1580 companies for Pretax Margin %. This places Nuveen Core Equity Alpha Fund in the top 20% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.48. Nuveen Core Equity Alpha Fund's value of 99.66% is 11.4% above this benchmark. Historically, Nuveen Core Equity Alpha Fund's own Pretax Margin % has ranged from 96.80 to 101.58 over the past decade. While the company's 10-year median is 99.58 vs. the industry median of 89.48, Nuveen Core Equity Alpha 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Core Equity Alpha Fund's current Pretax Margin % of 99.66% is 11.4% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Core Equity Alpha Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Core Equity Alpha Fund's current Pretax Margin % is 99.66%, which is near median its own 10-year median of 99.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Core Equity Alpha Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Core Equity Alpha Fund (JCE) is currently considered Fairly Valued. The stock's GF Value™ is $15.42, compared to a current price of $15.70 — trading 1.8% above its estimated fair value. The current Pretax Margin % is 99.66%, which is near median its 10-year median of 99.58 and 11.4% above the Asset Management industry median of 89.48. Nuveen Core Equity Alpha Fund's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nuveen Core Equity Alpha Fund (JCE), the current Pretax Margin % is 99.66% 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 Core Equity Alpha Fund (JCE) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Core Equity Alpha Fund stock appears to be overvalued.
The current stock price of $15.70 is trading 1.8% above its estimated GF Value™ of $15.42.
GuruFocus considers Nuveen Core Equity Alpha Fund to be Fairly Valued.
Key valuation signals for JCE:
Pretax Margin %: 99.66% (near median its 10-year median of 99.58)
GF Value™: $15.42 vs. price of $15.70 (1.8% above fair value)
Industry Position: 11.4% above the Asset Management median (#314 of 1580)
No single metric tells the full story. See the JCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Core Equity Alpha Fund Business Description
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance. Additionally, the Fund seeks to reduce the volatility of its returns relative to the returns of the Equity Portfolio over extended periods by writing (selling) index call options and/or call options on custom baskets of securities.
46GF Score
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