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Nuveen Select Maturities Municipal FundNIM +0.49%47 Return-on-Tangible-Equity is 2.14% as of Mar. 2026, which is 39% below its 10-year median of 3.51. GuruFocus rates NIM with a GF Score™ of 47/100 and a GF Value™ of $13.99 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,576 Asset Management companies, Nuveen Select Maturities Municipal Fund ranks worse than 63.71% on this metric.
NIM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.31 Med: 3.51 Max: 6.6
Current: 3.86
During the past 9 years, Nuveen Select Maturities Municipal Fund's highest Return-on-Tangible-Equity was 6.60%. The lowest was -2.31%. And the median was 3.51%.
NIM's Return-on-Tangible-Equity is ranked worse than 63.71% of 1576
companies
in the Asset Management industry
Industry Median: 7.465
vs NIM: 3.86
Nuveen Select Maturities Municipal Fund (NYSE:NIM) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Nuveen Select Maturities Municipal Fund Return-on-Tangible-Equity Related Terms
Nuveen Select Maturities Municipal Fund Return-on-Tangible-Equity 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 Select Maturities Municipal Fund Return-on-Tangible-Equity Chart
Nuveen Select Maturities Municipal Fund Annual Data
NIM vs JHI, DMO, GLU: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Nuveen Select Maturities Municipal Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Select Maturities Municipal Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Select Maturities Municipal Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nuveen Select Maturities Municipal Fund's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.14% mean?
Nuveen Select Maturities Municipal Fund (NIM) has a Return-on-Tangible-Equity of 2.14% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nuveen Select Maturities Municipal Fund and its competitors. This is 39% below median its historical median of 3.51. According to the industry distribution chart, Nuveen Select Maturities Municipal Fund ranks #1004 out of 1576 companies in the Asset Management industry, placing it in the top 63.7%.
Is Nuveen Select Maturities Municipal Fund's Return-on-Tangible-Equity too high?
Nuveen Select Maturities Municipal Fund's current Return-on-Tangible-Equity of 2.14% is 39% below median its 10-year median of 3.51. The Asset Management industry median Return-on-Tangible-Equity is 7.47. Nuveen Select Maturities Municipal Fund's value of 2.14% is 71.3% below this industry median. Based on the distribution chart, Nuveen Select Maturities Municipal Fund ranks #1004 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Select Maturities Municipal Fund has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Select Maturities Municipal Fund's Return-on-Tangible-Equity compare to JHI and DMO?
According to the Asset Management industry distribution chart, Nuveen Select Maturities Municipal Fund ranks #1004 out of 1576 companies for Return-on-Tangible-Equity. This places Nuveen Select Maturities Municipal Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Nuveen Select Maturities Municipal Fund's value of 2.14% is 71.3% below this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 7.47, Nuveen Select Maturities Municipal Fund has consistently been below 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.47, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Select Maturities Municipal Fund's current Return-on-Tangible-Equity of 2.14% is 71.3% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nuveen Select Maturities Municipal Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Select Maturities Municipal Fund's current Return-on-Tangible-Equity is 2.14%, which is 39% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Select Maturities Municipal Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Select Maturities Municipal Fund (NIM) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.99, compared to a current price of $9.24 — trading 34% below its estimated fair value. The current Return-on-Tangible-Equity is 2.14%, which is 39% below median its 10-year median of 3.51 and 71.3% below the Asset Management industry median of 7.47. Nuveen Select Maturities Municipal Fund's overall GF Score™ is 47/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nuveen Select Maturities Municipal Fund (NIM), the current Return-on-Tangible-Equity is 2.14% as of Mar. 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.
Is Nuveen Select Maturities Municipal Fund (NIM) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Select Maturities Municipal Fund stock appears to be undervalued.
The current stock price of $9.24 is trading 34% below its estimated GF Value™ of $13.99.
GuruFocus considers Nuveen Select Maturities Municipal Fund to be Significantly Undervalued.
Key valuation signals for NIM:
Return-on-Tangible-Equity: 2.14% (39% below median its 10-year median of 3.51)
GF Value™: $13.99 vs. price of $9.24 (34% below fair value)
Industry Position: 71.3% below the Asset Management median (#1004 of 1576)
No single metric tells the full story. See the NIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. Its primary investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital. Its secondary investment objective is to enhance portfolio value relative to the municipal bond market through investments in tax-exempt municipal obligations that are underrated or undervalued, or that represent municipal market sectors that are undervalued. The fund has single operating segment.
47GF Score
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