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NMAI (Nuveen Multi-Assetome Fund) Pretax Margin % : 96.12% (As of Jun. 2024)


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What is Nuveen Multi-Assetome Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen Multi-Assetome Fund's Pre-Tax Income for the six months ended in Jun. 2024 was $20.19 Mil. Nuveen Multi-Assetome Fund's Revenue for the six months ended in Jun. 2024 was $21.01 Mil. Therefore, Nuveen Multi-Assetome Fund's pretax margin for the quarter that ended in Jun. 2024 was 96.12%.

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

NMAI' s Pretax Margin % Range Over the Past 10 Years
Min: 97.48   Med: 99.65   Max: 101.29
Current: 97.48


NMAI's Pretax Margin % is ranked better than
66.55% of 1671 companies
in the Asset Management industry
Industry Median: 91.22 vs NMAI: 97.48

Nuveen Multi-Assetome Fund Pretax Margin % Historical Data

The historical data trend for Nuveen Multi-Assetome 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.

* Premium members only.

Nuveen Multi-Assetome Fund Pretax Margin % Chart

Nuveen Multi-Assetome Fund Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- 101.29 98.00

Nuveen Multi-Assetome Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % 100.82 111.05 97.50 98.56 96.12

Competitive Comparison of Nuveen Multi-Assetome Fund's Pretax Margin %

For the Asset Management subindustry, Nuveen Multi-Assetome 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 Multi-Assetome Fund's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Multi-Assetome Fund's Pretax Margin % falls into.



Nuveen Multi-Assetome 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 Multi-Assetome Fund's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=54.87/55.99
=98.00 %

Nuveen Multi-Assetome Fund's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=20.19/21.006
=96.12 %

* 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  (NYSE:NMAI) 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 Multi-Assetome Fund Pretax Margin % Related Terms

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Nuveen Multi-Assetome Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The funds have investment objectives that focus on the pursuit of total return, comprised of income or distributions and capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Huffman William T. Jr. officer: President NAM C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Nathan Shetty other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Dugar Anurag other: Portfolio Manager 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
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
William Curt Hunter other: Trustee