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Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Pretax Margin % : 58.74% (As of Aug. 2023)


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What is Nuveen California AMT-Free Quality Municipalome Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen California AMT-Free Quality Municipalome Fund's Pre-Tax Income for the six months ended in Aug. 2023 was $2.21 Mil. Nuveen California AMT-Free Quality Municipalome Fund's Revenue for the six months ended in Aug. 2023 was $3.76 Mil. Therefore, Nuveen California AMT-Free Quality Municipalome Fund's pretax margin for the quarter that ended in Aug. 2023 was 58.74%.

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

NKX' s Pretax Margin % Range Over the Past 10 Years
Min: 35.14   Med: 96.91   Max: 199.5
Current: 130.17


NKX's Pretax Margin % is ranked better than
91.79% of 1669 companies
in the Asset Management industry
Industry Median: 89.62 vs NKX: 130.17

Nuveen California AMT-Free Quality Municipalome Fund Pretax Margin % Historical Data

The historical data trend for Nuveen California AMT-Free 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.

* Premium members only.

Nuveen California AMT-Free Quality Municipalome Fund Pretax Margin % Chart

Nuveen California AMT-Free Quality Municipalome Fund Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.62 97.43 199.50 195.29 103.55

Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 Premium Member Only Premium Member Only Premium Member Only 93.94 104.70 102.17 111.27 58.74

Competitive Comparison of Nuveen California AMT-Free Quality Municipalome Fund's Pretax Margin %

For the Asset Management subindustry, Nuveen California AMT-Free 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 California AMT-Free Quality Municipalome Fund's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen California AMT-Free Quality Municipalome Fund's Pretax Margin % falls into.



Nuveen California AMT-Free 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 California AMT-Free Quality Municipalome Fund's Pretax Margin for the fiscal year that ended in Feb. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=-96.968/-93.645
=103.55 %

Nuveen California AMT-Free Quality Municipalome Fund's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=2.211/3.764
=58.74 %

* 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 California AMT-Free Quality Municipalome Fund  (NYSE:NKX) 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 California AMT-Free Quality Municipalome Fund Pretax Margin % Related Terms

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Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen California AMT-Free Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, federal alternative minimum tax applies to individuals and California income tax, and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal securities that the Fund's investment adviser and/or the Fund's sub-adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102

Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Headlines