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Nuveen Municipal Credit Opps FundNMCO -0.10%34 Pretax Margin % is 133.47% as of Apr. 2026, which is 35% above its 10-year median of 99.17. GuruFocus rates NMCO with a GF Scoreâ„¢ of 34/100. The stock has 7 warning signs investors should review. Among 1,571 Asset Management companies, Nuveen Municipal Credit Opps Fund ranks better than 88.35% on this metric.
The historical rank and industry rank for Nuveen Municipal Credit Opps Fund's Pretax Margin % or its related term are showing as below:
NMCO'
s Pretax Margin % Range Over the Past 10 Years
Min: 40.13 Med: 99.17 Max: 116.72
Current: 116.72
NMCO's Pretax Margin % is ranked better than 88.35% of 1571
companies
in the Asset Management industry
Industry Median: 90
vs NMCO: 116.72
Nuveen Municipal Credit Opps Fund (NYSE:NMCO) 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 Municipal Credit Opps Fund Pretax Margin % Related Terms
Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund Pretax Margin % Chart
NMCO vs IIM, GAIN, FAX: Pretax Margin % Comparison
For the Asset Management subindustry, Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Municipal Credit Opps Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund (NMCO) has a Pretax Margin % of 133.47% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Municipal Credit Opps Fund and its competitors. This is 35% above median its historical median of 99.17. Over the past decade, Nuveen Municipal Credit Opps Fund's Pretax Margin % has ranged from 40.13 to 116.72. According to the industry distribution chart, Nuveen Municipal Credit Opps Fund ranks #183 out of 1571 companies in the Asset Management industry, placing it in the top 11.6%.
Is Nuveen Municipal Credit Opps Fund's Pretax Margin % too high?
Nuveen Municipal Credit Opps Fund's current Pretax Margin % of 133.47% is 35% above median its 10-year median of 99.17. Over the past 10 years, this metric has ranged from a low of 40.13 to a high of 116.72. The Asset Management industry median Pretax Margin % is 90.00. Nuveen Municipal Credit Opps Fund's value of 133.47% is 48.3% above this industry median. Based on the distribution chart, Nuveen Municipal Credit Opps Fund ranks #183 out of 1571 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Municipal Credit Opps Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipal Credit Opps Fund's Pretax Margin % compare to IIM and GAIN?
According to the Asset Management industry distribution chart, Nuveen Municipal Credit Opps Fund ranks #183 out of 1571 companies for Pretax Margin %. This places Nuveen Municipal Credit Opps Fund in the top 12% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 90.00. Nuveen Municipal Credit Opps Fund's value of 133.47% is 48.3% above this benchmark. Historically, Nuveen Municipal Credit Opps Fund's own Pretax Margin % has ranged from 40.13 to 116.72 over the past decade. While the company's 10-year median is 99.17 vs. the industry median of 90.00, Nuveen Municipal Credit Opps 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 90.00, based on 1,571 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 Municipal Credit Opps Fund's current Pretax Margin % of 133.47% is 48.3% 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 Municipal Credit Opps Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Municipal Credit Opps Fund's current Pretax Margin % is 133.47%, which is 35% above median its own 10-year median of 99.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipal Credit Opps Fund stock overvalued right now?
Nuveen Municipal Credit Opps Fund (NMCO) has a current Pretax Margin % of 133.47%. The current Pretax Margin % is 133.47%, which is 35% above median its 10-year median of 99.17 and 48.3% above the Asset Management industry median of 90.00. Nuveen Municipal Credit Opps Fund's overall GF Score™ is 34/100 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 Municipal Credit Opps Fund (NMCO), the current Pretax Margin % is 133.47% as of Apr. 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.
Nuveen Municipal Credit Opps Fund Business Description
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
34GF Score
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