The historical rank and industry rank for Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset or its related term are showing as below:
BXMX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.37 Med: 12.53 Max: 29.41
Current: 12.62
During the past 9 years, Nuveen S&P 500 Buy-Writeome Fund's highest Return-on-Tangible-Asset was 29.41%. The lowest was -12.37%. And the median was 12.53%.
BXMX's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.23
vs BXMX: 12.62
Nuveen S&P 500 Buy-Writeome Fund (NYSE:BXMX) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Asset Related Terms
Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Asset 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 S&P 500 Buy-Writeome Fund Return-on-Tangible-Asset Chart
BXMX vs CET, GAM, ECAT: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 S&P 500 Buy-Writeome Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 20.30% mean?
Nuveen S&P 500 Buy-Writeome Fund (BXMX) has a Return-on-Tangible-Asset of 20.30% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors. This is 62% above median its historical median of 12.53.
Is Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset too high?
Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Asset of 20.30% is 62% above median its 10-year median of 12.53. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Nuveen S&P 500 Buy-Writeome Fund's value of 20.30% is 379.9% above this industry median. Overall, Nuveen S&P 500 Buy-Writeome Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset compare to CET and GAM?
Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Asset of 20.30% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.23. Nuveen S&P 500 Buy-Writeome Fund's value of 20.30% is 379.9% above this benchmark. While the company's 10-year median is 12.53 vs. the industry median of 4.23, Nuveen S&P 500 Buy-Writeome 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Asset of 20.30% is 379.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Asset is 20.30%, which is 62% above median its own 10-year median of 12.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen S&P 500 Buy-Writeome Fund stock overvalued right now?
Nuveen S&P 500 Buy-Writeome Fund (BXMX) has a current Return-on-Tangible-Asset of 20.30%. The stock's GF Value™ is $12.90, compared to a current price of $15.03 — trading 16.5% above its estimated fair value. The current Return-on-Tangible-Asset is 20.30%, which is 62% above median its 10-year median of 12.53 and 379.9% above the Asset Management industry median of 4.23. Nuveen S&P 500 Buy-Writeome Fund's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Nuveen S&P 500 Buy-Writeome Fund (BXMX), the current Return-on-Tangible-Asset is 20.30% as of Dec. 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.
Is Nuveen S&P 500 Buy-Writeome Fund (BXMX) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen S&P 500 Buy-Writeome Fund stock appears to be overvalued.
The current stock price of $15.03 is trading 16.5% above its estimated GF Value™ of $12.90.
Key valuation signals for BXMX:
Return-on-Tangible-Asset: 20.30% (62% above median its 10-year median of 12.53)
GF Value™: $12.90 vs. price of $15.03 (16.5% above fair value)
Industry Position: 379.9% above the Asset Management median
No single metric tells the full story. See the BXMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen S&P 500 Buy-Writeome Fund Business Description
Nuveen S&P 500 Buy-Write Income Fund is a diversified closed-ended management investment company based in the United States. Its investment objective is to seek attractive total returns with less volatility. The fund invests its managed assets in a diversified equity portfolio that seeks to substantially replicate price movements of the S&P 500 Index. It also uses an index options of writing index call options in seeking to moderate the volatility of returns relative to an all-equity portfolio. Its revenue is generated mainly from interest and dividend income.
34GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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