JLS (Nuveen Mortgage Andome Fund) Pretax Margin %: 97.31% (As of Dec. 2025) — Near Median

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JLS Nuveen Mortgage And Income Fund JLS
50 GF Score
Price $17.50
GF Value $16.93
Valuation Fairly Valued
! 5 Warning Signs
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What is Nuveen Mortgage Andome Fund Pretax Margin %?

Nuveen Mortgage Andome Fund JLS -0.50% 50 Pretax Margin % is 97.31% as of Dec. 2025, which is 1% below its 10-year median of 97.83. GuruFocus rates JLS with a GF Score™ of 50/100 and a GF Value™ of $16.93 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,569 Asset Management companies, Nuveen Mortgage Andome Fund ranks better than 64.12% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen Mortgage Andome Fund's Pre-Tax Income for the six months ended in Dec. 2025 was $3.79 Mil. Nuveen Mortgage Andome Fund's Revenue for the six months ended in Dec. 2025 was $3.90 Mil. Therefore, Nuveen Mortgage Andome Fund's pretax margin for the quarter that ended in Dec. 2025 was 97.31%.

The historical rank and industry rank for Nuveen Mortgage Andome Fund's Pretax Margin % or its related term are showing as below:

JLS' s Pretax Margin % Range Over the Past 10 Years
Min: 96.51   Med: 97.83   Max: 101.92
Current: 97.52


JLS's Pretax Margin % is ranked better than
64.12% of 1569 companies
in the Asset Management industry
Industry Median: 89.65 vs JLS: 97.52

Nuveen Mortgage Andome Fund  (NYSE:JLS) 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 Mortgage Andome Fund Pretax Margin % Related Terms


Nuveen Mortgage Andome Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Nuveen Mortgage Andome Fund's Pretax 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.

Nuveen Mortgage Andome Fund Pretax Margin % Chart

Nuveen Mortgage Andome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 96.51 101.92 97.14 98.13 97.52

Nuveen Mortgage Andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % 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 96.99 98.29 97.85 97.66 97.31

JLS vs CMU, IAE, IGI: Pretax Margin % Comparison

For the Asset Management subindustry, Nuveen Mortgage Andome 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 Mortgage Andome Fund Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Mortgage Andome Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen Mortgage Andome Fund's Pretax Margin % falls into.


JLS
50GF Score
Nuveen Mortgage And Income Fund JLS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Mortgage Andome Fund Pretax Margin % Calculation

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

Nuveen Mortgage Andome Fund's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9.511/9.753
=97.52 %

Nuveen Mortgage Andome Fund's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=3.792/3.897
=97.31 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 97.31% mean?
Nuveen Mortgage Andome Fund (JLS) has a Pretax Margin % of 97.31% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Mortgage Andome Fund and its competitors. This is near median its historical median of 97.83. Over the past decade, Nuveen Mortgage Andome Fund's Pretax Margin % has ranged from 96.51 to 101.92. According to the industry distribution chart, Nuveen Mortgage Andome Fund ranks #563 out of 1569 companies in the Asset Management industry, placing it in the top 35.9%.
Is Nuveen Mortgage Andome Fund's Pretax Margin % too high?
Nuveen Mortgage Andome Fund's current Pretax Margin % of 97.31% is near median its 10-year median of 97.83. Over the past 10 years, this metric has ranged from a low of 96.51 to a high of 101.92. The Asset Management industry median Pretax Margin % is 89.65. Nuveen Mortgage Andome Fund's value of 97.31% is 8.5% above this industry median. Based on the distribution chart, Nuveen Mortgage Andome Fund ranks #563 out of 1569 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Mortgage Andome Fund has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Mortgage Andome Fund's Pretax Margin % compare to CMU and IAE?
According to the Asset Management industry distribution chart, Nuveen Mortgage Andome Fund ranks #563 out of 1569 companies for Pretax Margin %. This puts Nuveen Mortgage Andome Fund in the upper half of its industry. The industry median Pretax Margin % is 89.65. Nuveen Mortgage Andome Fund's value of 97.31% is 8.5% above this benchmark. Historically, Nuveen Mortgage Andome Fund's own Pretax Margin % has ranged from 96.51 to 101.92 over the past decade. While the company's 10-year median is 97.83 vs. the industry median of 89.65, Nuveen Mortgage Andome 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 89.65, based on 1,569 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 Mortgage Andome Fund's current Pretax Margin % of 97.31% is 8.5% 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 Mortgage Andome Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Mortgage Andome Fund's current Pretax Margin % is 97.31%, which is near median its own 10-year median of 97.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Mortgage Andome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Mortgage Andome Fund (JLS) is currently considered Fairly Valued. The stock's GF Value™ is $16.93, compared to a current price of $17.50 — trading 3.4% above its estimated fair value. The current Pretax Margin % is 97.31%, which is near median its 10-year median of 97.83 and 8.5% above the Asset Management industry median of 89.65. Nuveen Mortgage Andome 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nuveen Mortgage Andome Fund (JLS), the current Pretax Margin % is 97.31% 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 Mortgage Andome Fund (JLS) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Mortgage Andome Fund stock appears to be overvalued. The current stock price of $17.50 is trading 3.4% above its estimated GF Value™ of $16.93. GuruFocus considers Nuveen Mortgage Andome Fund to be Fairly Valued.

Key valuation signals for JLS:

  • Pretax Margin %: 97.31% (near median its 10-year median of 97.83)
  • GF Value™: $16.93 vs. price of $17.50 (3.4% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 8.5% above the Asset Management median (#563 of 1569)

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


Nuveen Mortgage Andome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Mortgage And Income Fund is a diversified, closed-end management investment company. The fund invests at least fifty percent of its Managed Assets in MBS, including residential MBS and commercial MBS, and up to fifty percent in non-mortgage related ABS. The Fund's investment objective is to provide a high level of current income.
50GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.50
Price
$16.93
GF Value