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NPCT (Nuveen Core Plus Impact Fund) Return-on-Tangible-Asset : 4.91% (As of Dec. 2024)


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What is Nuveen Core Plus Impact Fund Return-on-Tangible-Asset?

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 Core Plus Impact Fund's annualized Net Income for the quarter that ended in Dec. 2024 was $25.76 Mil. Nuveen Core Plus Impact Fund's average total tangible assets for the quarter that ended in Dec. 2024 was $524.13 Mil. Therefore, Nuveen Core Plus Impact Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 4.91%.

The historical rank and industry rank for Nuveen Core Plus Impact Fund's Return-on-Tangible-Asset or its related term are showing as below:

NPCT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.43   Med: 3.67   Max: 5.37
Current: 5.37

During the past 4 years, Nuveen Core Plus Impact Fund's highest Return-on-Tangible-Asset was 5.37%. The lowest was -24.43%. And the median was 3.67%.

NPCT's Return-on-Tangible-Asset is ranked better than
54.64% of 1682 companies
in the Asset Management industry
Industry Median: 4.255 vs NPCT: 5.37

Nuveen Core Plus Impact Fund Return-on-Tangible-Asset Historical Data

The historical data trend for Nuveen Core Plus Impact 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.

* Premium members only.

Nuveen Core Plus Impact Fund Return-on-Tangible-Asset Chart

Nuveen Core Plus Impact Fund Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
- -24.43 3.67 5.36

Nuveen Core Plus Impact Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial -6.06 1.19 6.18 5.81 4.91

Competitive Comparison of Nuveen Core Plus Impact Fund's Return-on-Tangible-Asset

For the Asset Management subindustry, Nuveen Core Plus Impact 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 Core Plus Impact Fund's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Core Plus Impact Fund's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen Core Plus Impact Fund's Return-on-Tangible-Asset falls into.


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Nuveen Core Plus Impact Fund Return-on-Tangible-Asset Calculation

Nuveen Core Plus Impact Fund's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=28.35/( (536.957+520.287)/ 2 )
=28.35/528.622
=5.36 %

Nuveen Core Plus Impact Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=25.76/( (527.964+520.287)/ 2 )
=25.76/524.1255
=4.91 %

* 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. 2024) net income data.


Nuveen Core Plus Impact Fund  (NYSE:NPCT) 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 Core Plus Impact Fund Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Core Plus Impact Fund's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Core Plus Impact Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Plus Impact Fund is an organized, diversified, closed-end management investment company. The Fund's investment objective is to seek total return through high current income and capital appreciation, while giving special consideration to certain impact and environmental, social and governance criteria.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
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
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: CCO and Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
William Curt Hunter other: Trustee
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606