NMS (Nuveen Minnesota Quality Municipalome Fund) Pretax Margin %: 98.22% (As of Nov. 2025) — Near Median


NMS Nuveen Minnesota Quality Municipal Income Fund NMS
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What is Nuveen Minnesota Quality Municipalome Fund Pretax Margin %?

Nuveen Minnesota Quality Municipalome Fund NMS 35 Pretax Margin % is 98.22% as of Nov. 2025, which is 0% above its 10-year median of 98.10. GuruFocus rates NMS with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, Nuveen Minnesota Quality Municipalome Fund ranks worse than 58.1% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen Minnesota Quality Municipalome Fund's Pre-Tax Income for the six months ended in Nov. 2025 was $5.37 Mil. Nuveen Minnesota Quality Municipalome Fund's Revenue for the six months ended in Nov. 2025 was $5.46 Mil. Therefore, Nuveen Minnesota Quality Municipalome Fund's pretax margin for the quarter that ended in Nov. 2025 was 98.22%.

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

NMS' s Pretax Margin % Range Over the Past 10 Years
Min: 76.53   Med: 98.1   Max: 286.52
Current: 76.53


NMS's Pretax Margin % is ranked worse than
58.1% of 1580 companies
in the Asset Management industry
Industry Median: 89.475 vs NMS: 76.53

Nuveen Minnesota Quality Municipalome Fund  (NYSE:NMS) 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 Minnesota Quality Municipalome Fund Pretax Margin % Related Terms


Nuveen Minnesota Quality Municipalome Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Nuveen Minnesota Quality Municipalome 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 Minnesota Quality Municipalome Fund Pretax Margin % Chart

Nuveen Minnesota Quality Municipalome Fund Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Pretax Margin %
Get a 7-Day Free Trial 98.37 101.74 105.36 92.99 286.52

Nuveen Minnesota Quality Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 88.51 94.49 98.12 101.70 98.22

NMS vs SWZ, PNI, EEA: Pretax Margin % Comparison

For the Asset Management subindustry, Nuveen Minnesota Quality Municipalome 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 Minnesota Quality Municipalome Fund Pretax Margin % vs Asset Management Industry

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

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


NMS
35GF Score
Nuveen Minnesota Quality Municipal Income Fund NMS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Minnesota Quality Municipalome 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 Minnesota Quality Municipalome Fund's Pretax Margin for the fiscal year that ended in May. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2025 )/Revenue (A: May. 2025 )
=-0.255/-0.089
=286.52 %

Nuveen Minnesota Quality Municipalome Fund's Pretax Margin for the quarter that ended in Nov. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=5.365/5.462
=98.22 %

* 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 98.22% mean?
Nuveen Minnesota Quality Municipalome Fund (NMS) has a Pretax Margin % of 98.22% as of Nov. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Minnesota Quality Municipalome Fund and its competitors. This is near median its historical median of 98.10. Over the past decade, Nuveen Minnesota Quality Municipalome Fund's Pretax Margin % has ranged from 76.53 to 286.52. According to the industry distribution chart, Nuveen Minnesota Quality Municipalome Fund ranks #918 out of 1580 companies in the Asset Management industry, placing it in the top 58.1%.
Is Nuveen Minnesota Quality Municipalome Fund's Pretax Margin % too high?
Nuveen Minnesota Quality Municipalome Fund's current Pretax Margin % of 98.22% is near median its 10-year median of 98.10. Over the past 10 years, this metric has ranged from a low of 76.53 to a high of 286.52. The Asset Management industry median Pretax Margin % is 89.48. Nuveen Minnesota Quality Municipalome Fund's value of 98.22% is 9.8% above this industry median. Based on the distribution chart, Nuveen Minnesota Quality Municipalome Fund ranks #918 out of 1580 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Minnesota Quality Municipalome Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Minnesota Quality Municipalome Fund's Pretax Margin % compare to SWZ and PNI?
According to the Asset Management industry distribution chart, Nuveen Minnesota Quality Municipalome Fund ranks #918 out of 1580 companies for Pretax Margin %. This places Nuveen Minnesota Quality Municipalome Fund in the lower half of its industry. The industry median Pretax Margin % is 89.48. Nuveen Minnesota Quality Municipalome Fund's value of 98.22% is 9.8% above this benchmark. Historically, Nuveen Minnesota Quality Municipalome Fund's own Pretax Margin % has ranged from 76.53 to 286.52 over the past decade. While the company's 10-year median is 98.10 vs. the industry median of 89.48, Nuveen Minnesota Quality Municipalome 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 Minnesota Quality Municipalome Fund's current Pretax Margin % of 98.22% is 9.8% 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 Minnesota Quality Municipalome 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 Minnesota Quality Municipalome Fund's current Pretax Margin % is 98.22%, which is near median its own 10-year median of 98.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Minnesota Quality Municipalome Fund stock overvalued right now?
Nuveen Minnesota Quality Municipalome Fund (NMS) has a current Pretax Margin % of 98.22%. The current Pretax Margin % is 98.22%, which is near median its 10-year median of 98.10 and 9.8% above the Asset Management industry median of 89.48. Nuveen Minnesota Quality Municipalome Fund's overall GF Score™ is 35/100 with 4 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 Minnesota Quality Municipalome Fund (NMS), the current Pretax Margin % is 98.22% as of Nov. 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.

Nuveen Minnesota Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Minnesota Quality Municipal Income Fund is a diversified closed-end management investment company. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Minnesota state income taxes and its secondary investment objective is the enhancement of portfolio value.
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