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Nuveen Global Highome FundJGH +0.65%49 Return-on-Tangible-Asset is 8.56% as of Dec. 2025, which is 28% above its 10-year median of 6.70. GuruFocus rates JGH with a GF Scoreâ„¢ of 49/100 and a GF Valueâ„¢ of $8.85 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,637 Asset Management companies, Nuveen Global Highome Fund ranks better than 62.61% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Nuveen Global Highome Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was $43.30 Mil. Nuveen Global Highome Fund's average total tangible assets for the quarter that ended in Dec. 2025 was $505.82 Mil. Therefore, Nuveen Global Highome Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 8.56%.
The historical rank and industry rank for Nuveen Global Highome Fund's Return-on-Tangible-Asset or its related term are showing as below:
JGH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.69 Med: 6.7 Max: 13.61
Current: 6.96
During the past 9 years, Nuveen Global Highome Fund's highest Return-on-Tangible-Asset was 13.61%. The lowest was -11.69%. And the median was 6.70%.
JGH's Return-on-Tangible-Asset is ranked better than 62.61% of 1637
companies
in the Asset Management industry
Industry Median: 4.23
vs JGH: 6.96
Nuveen Global Highome Fund (NYSE:JGH) 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 companyÂ’s 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 companyÂ’s 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 Global Highome Fund Return-on-Tangible-Asset Related Terms
Nuveen Global Highome 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 Global Highome Fund Return-on-Tangible-Asset Chart
JGH vs AEF, KTF, HIX: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Nuveen Global Highome 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 Global Highome Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Global Highome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nuveen Global Highome 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 8.56% mean?
Nuveen Global Highome Fund (JGH) has a Return-on-Tangible-Asset of 8.56% 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 Global Highome Fund and its competitors. This is 28% above median its historical median of 6.70. According to the industry distribution chart, Nuveen Global Highome Fund ranks #612 out of 1637 companies in the Asset Management industry, placing it in the top 37.4%.
Is Nuveen Global Highome Fund's Return-on-Tangible-Asset too high?
Nuveen Global Highome Fund's current Return-on-Tangible-Asset of 8.56% is 28% above median its 10-year median of 6.70. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Nuveen Global Highome Fund's value of 8.56% is 102.4% above this industry median. Based on the distribution chart, Nuveen Global Highome Fund ranks #612 out of 1637 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Global Highome Fund has a GF Scoreâ„¢ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Global Highome Fund's Return-on-Tangible-Asset compare to AEF and KTF?
According to the Asset Management industry distribution chart, Nuveen Global Highome Fund ranks #612 out of 1637 companies for Return-on-Tangible-Asset. This puts Nuveen Global Highome Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Nuveen Global Highome Fund's value of 8.56% is 102.4% above this benchmark. While the company's 10-year median is 6.70 vs. the industry median of 4.23, Nuveen Global Highome 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 1,637 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 Global Highome Fund's current Return-on-Tangible-Asset of 8.56% is 102.4% 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 Global Highome 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 Global Highome Fund's current Return-on-Tangible-Asset is 8.56%, which is 28% above median its own 10-year median of 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Global Highome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Global Highome Fund (JGH) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.85, compared to a current price of $12.48 — trading 41% above its estimated fair value. The current Return-on-Tangible-Asset is 8.56%, which is 28% above median its 10-year median of 6.70 and 102.4% above the Asset Management industry median of 4.23. Nuveen Global Highome Fund's overall GF Score™ is 49/100 with 10 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 Global Highome Fund (JGH), the current Return-on-Tangible-Asset is 8.56% 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 Global Highome Fund (JGH) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Global Highome Fund stock appears to be overvalued.
The current stock price of $12.48 is trading 41% above its estimated GF Value™ of $8.85.
GuruFocus considers Nuveen Global Highome Fund to be Significantly Overvalued.
Key valuation signals for JGH:
Return-on-Tangible-Asset: 8.56% (28% above median its 10-year median of 6.70)
GF Value™: $8.85 vs. price of $12.48 (41% above fair value)
Industry Position: 102.4% above the Asset Management median (#612 of 1637)
No single metric tells the full story. See the JGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Global High Income Fund operates as a diversified closed-end management investment company. Its investment objective is to provide a high level of current income. The Fund's securities include U.S. high-yield bonds; non-U.S. high-yield bonds from developed and emerging markets; and other income-producing investments such as preferred and convertible securities.
49GF Score
Get the complete analysis for JGH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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