JPC (Nuveen Preferred &ome Opportunities Fund) Return-on-Tangible-Asset: 7.63% (As of Jan. 2026) — 70% Above Median


JPC Nuveen Preferred & Income Opportunities Fund JPC
28 GF Score
Price $7.87
! 7 Warning Signs
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What is Nuveen Preferred &ome Opportunities Fund Return-on-Tangible-Asset?

Nuveen Preferred &ome Opportunities Fund JPC +0.38% 28 Return-on-Tangible-Asset is 7.63% as of Jan. 2026, which is 70% above its 10-year median of 4.49. GuruFocus rates JPC with a GF Score™ of 28/100. The stock has 7 warning signs investors should review. Among 1,635 Asset Management companies, Nuveen Preferred &ome Opportunities Fund ranks better than 62.26% 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 Preferred &ome Opportunities Fund's annualized Net Income for the quarter that ended in Jan. 2026 was $343.9 Mil. Nuveen Preferred &ome Opportunities Fund's average total tangible assets for the quarter that ended in Jan. 2026 was $4,508.8 Mil. Therefore, Nuveen Preferred &ome Opportunities Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 7.63%.

The historical rank and industry rank for Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset or its related term are showing as below:

JPC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.84   Med: 4.49   Max: 13.94
Current: 6.87

During the past 9 years, Nuveen Preferred &ome Opportunities Fund's highest Return-on-Tangible-Asset was 13.94%. The lowest was -5.84%. And the median was 4.49%.

JPC's Return-on-Tangible-Asset is ranked better than
62.26% of 1635 companies
in the Asset Management industry
Industry Median: 4.13 vs JPC: 6.87

Nuveen Preferred &ome Opportunities Fund  (NYSE:JPC) 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 company’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 company’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 Preferred &ome Opportunities Fund Return-on-Tangible-Asset Related Terms


Nuveen Preferred &ome Opportunities Fund Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset 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 Preferred &ome Opportunities Fund Return-on-Tangible-Asset Chart

Nuveen Preferred &ome Opportunities Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 11.36 -5.84 -2.95 13.94 6.00

Nuveen Preferred &ome Opportunities Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Return-on-Tangible-Asset 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 17.04 7.31 5.76 6.22 7.63

JPC vs HTGC, FSK, DBRG: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Nuveen Preferred &ome Opportunities 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 Preferred &ome Opportunities Fund Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset falls into.


JPC
28GF Score
Nuveen Preferred & Income Opportunities Fund JPC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Preferred &ome Opportunities Fund Return-on-Tangible-Asset Calculation

Nuveen Preferred &ome Opportunities Fund's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=252.324/( (4194.737+4213.066)/ 2 )
=252.324/4203.9015
=6.00 %

Nuveen Preferred &ome Opportunities Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=343.87/( (4213.066+4804.621)/ 2 )
=343.87/4508.8435
=7.63 %

* 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 (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of 7.63% mean?
Nuveen Preferred &ome Opportunities Fund (JPC) has a Return-on-Tangible-Asset of 7.63% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nuveen Preferred &ome Opportunities Fund and its competitors. This is 70% above median its historical median of 4.49. According to the industry distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #617 out of 1635 companies in the Asset Management industry, placing it in the top 37.7%.
Is Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset too high?
Nuveen Preferred &ome Opportunities Fund's current Return-on-Tangible-Asset of 7.63% is 70% above median its 10-year median of 4.49. The Asset Management industry median Return-on-Tangible-Asset is 4.13. Nuveen Preferred &ome Opportunities Fund's value of 7.63% is 84.7% above this industry median. Based on the distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #617 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Preferred &ome Opportunities Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Preferred &ome Opportunities Fund's Return-on-Tangible-Asset compare to HTGC and FSK?
According to the Asset Management industry distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #617 out of 1635 companies for Return-on-Tangible-Asset. This puts Nuveen Preferred &ome Opportunities Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.13. Nuveen Preferred &ome Opportunities Fund's value of 7.63% is 84.7% above this benchmark. While the company's 10-year median is 4.49 vs. the industry median of 4.13, Nuveen Preferred &ome Opportunities 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 4.13, 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 Preferred &ome Opportunities Fund's current Return-on-Tangible-Asset of 7.63% is 84.7% 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 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 Preferred &ome Opportunities Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Preferred &ome Opportunities Fund's current Return-on-Tangible-Asset is 7.63%, which is 70% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Preferred &ome Opportunities Fund stock overvalued right now?
Nuveen Preferred &ome Opportunities Fund (JPC) has a current Return-on-Tangible-Asset of 7.63%. The current Return-on-Tangible-Asset is 7.63%, which is 70% above median its 10-year median of 4.49 and 84.7% above the Asset Management industry median of 4.13. Nuveen Preferred &ome Opportunities Fund's overall GF Score™ is 28/100 with 7 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 Preferred &ome Opportunities Fund (JPC), the current Return-on-Tangible-Asset is 7.63% as of Jan. 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.

Nuveen Preferred &ome Opportunities Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Preferred & Income Opportunities Fund is a diversified closed-end management investment company. Its primary investment objective is to provide high current income, and its secondary investment objective is total return. The fund invests a majority of its assets in preferred securities and other income-producing securities, including hybrid securities such as contingent capital securities, and the rest of its investments are made in other securities, mainly income-oriented securities such as corporate and taxable municipal debt and common equity.
28GF 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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