The historical rank and industry rank for Nuveen Municipal Highome Opp Fund's Pretax Margin % or its related term are showing as below:
NMZ'
s Pretax Margin % Range Over the Past 10 Years
Min: 81.66 Med: 99.19 Max: 108.01
Current: 98.74
NMZ's Pretax Margin % is ranked better than 72.84% of 1572
companies
in the Asset Management industry
Industry Median: 89.835
vs NMZ: 98.74
Nuveen Municipal Highome Opp Fund (NYSE:NMZ) 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 Highome Opp Fund Pretax Margin % Related Terms
Nuveen Municipal Highome Opp 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 Highome Opp Fund Pretax Margin % Chart
For the Asset Management subindustry, Nuveen Municipal Highome Opp 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 Highome Opp Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Municipal Highome Opp Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuveen Municipal Highome Opp 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 Highome Opp Fund (NMZ) has a Pretax Margin % of 95.85% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen Municipal Highome Opp Fund and its competitors. This is near median its historical median of 99.19. Over the past decade, Nuveen Municipal Highome Opp Fund's Pretax Margin % has ranged from 81.66 to 108.01. According to the industry distribution chart, Nuveen Municipal Highome Opp Fund ranks #427 out of 1572 companies in the Asset Management industry, placing it in the top 27.2%.
Is Nuveen Municipal Highome Opp Fund's Pretax Margin % too high?
Nuveen Municipal Highome Opp Fund's current Pretax Margin % of 95.85% is near median its 10-year median of 99.19. Over the past 10 years, this metric has ranged from a low of 81.66 to a high of 108.01. The Asset Management industry median Pretax Margin % is 89.84. Nuveen Municipal Highome Opp Fund's value of 95.85% is 6.7% above this industry median. Based on the distribution chart, Nuveen Municipal Highome Opp Fund ranks #427 out of 1572 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Municipal Highome Opp Fund has a GF Scoreâ„¢ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipal Highome Opp Fund's Pretax Margin % compare to JFR and HQH?
According to the Asset Management industry distribution chart, Nuveen Municipal Highome Opp Fund ranks #427 out of 1572 companies for Pretax Margin %. This puts Nuveen Municipal Highome Opp Fund in the upper half of its industry. The industry median Pretax Margin % is 89.84. Nuveen Municipal Highome Opp Fund's value of 95.85% is 6.7% above this benchmark. Historically, Nuveen Municipal Highome Opp Fund's own Pretax Margin % has ranged from 81.66 to 108.01 over the past decade. While the company's 10-year median is 99.19 vs. the industry median of 89.84, Nuveen Municipal Highome Opp 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 89.84, based on 1,572 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 Highome Opp Fund's current Pretax Margin % of 95.85% is 6.7% 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 Highome Opp Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Municipal Highome Opp Fund's current Pretax Margin % is 95.85%, which is near median its own 10-year median of 99.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipal Highome Opp Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund (NMZ) is currently considered Possible Value Trap. The stock's GF Value™ is $27.89, compared to a current price of $10.55 — trading 62.2% below its estimated fair value. The current Pretax Margin % is 95.85%, which is near median its 10-year median of 99.19 and 6.7% above the Asset Management industry median of 89.84. Nuveen Municipal Highome Opp Fund's overall GF Score™ is 49/100 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 Highome Opp Fund (NMZ), the current Pretax Margin % is 95.85% 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.
Is Nuveen Municipal Highome Opp Fund (NMZ) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund stock appears to be undervalued.
The current stock price of $10.55 is trading 62.2% below its estimated GF Value™ of $27.89.
GuruFocus considers Nuveen Municipal Highome Opp Fund to be Possible Value Trap.
Key valuation signals for NMZ:
Pretax Margin %: 95.85% (near median its 10-year median of 99.19)
GF Value™: $27.89 vs. price of $10.55 (62.2% below fair value)
Industry Position: 6.7% above the Asset Management median (#427 of 1572)
No single metric tells the full story. See the NMZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Municipal Highome Opp Fund Business Description
Nuveen Municipal High Income Opp Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide high current income exempt from regular federal income tax. The Fund's secondary investment objective is to seek an attractive total return consistent with its primary objective.
49GF Score
Get the complete analysis for NMZ
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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