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Nuveen Virginia Quality Municipalome FundNPV +0.32%36 Return-on-Tangible-Equity is 15.81% as of Nov. 2025, which is 646% above its 10-year median of 2.12. GuruFocus rates NPV with a GF Score™ of 36/100. Among 1,589 Asset Management companies, Nuveen Virginia Quality Municipalome Fund ranks worse than 77.72% on this metric.
NPV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.43 Med: 2.12 Max: 10.32
Current: -0.5
During the past 8 years, Nuveen Virginia Quality Municipalome Fund's highest Return-on-Tangible-Equity was 10.32%. The lowest was -11.43%. And the median was 2.12%.
NPV's Return-on-Tangible-Equity is ranked worse than 77.72% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs NPV: -0.50
Nuveen Virginia Quality Municipalome Fund (NYSE:NPV) 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 Virginia Quality Municipalome Fund Return-on-Tangible-Equity Related Terms
Nuveen Virginia Quality Municipalome 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 Virginia Quality Municipalome Fund Return-on-Tangible-Equity Chart
Nuveen Virginia Quality Municipalome Fund Annual Data
NPV vs RWAY, SRV, LIEN: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Nuveen Virginia Quality Municipalome 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 Virginia Quality Municipalome Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Virginia Quality Municipalome Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nuveen Virginia Quality Municipalome 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 (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.81% mean?
Nuveen Virginia Quality Municipalome Fund (NPV) has a Return-on-Tangible-Equity of 15.81% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nuveen Virginia Quality Municipalome Fund and its competitors. This is 646% above median its historical median of 2.12. According to the industry distribution chart, Nuveen Virginia Quality Municipalome Fund ranks #1235 out of 1589 companies in the Asset Management industry, placing it in the top 77.7%.
Is Nuveen Virginia Quality Municipalome Fund's Return-on-Tangible-Equity too high?
Nuveen Virginia Quality Municipalome Fund's current Return-on-Tangible-Equity of 15.81% is 646% above median its 10-year median of 2.12. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Nuveen Virginia Quality Municipalome Fund's value of 15.81% is 119.3% above this industry median. Based on the distribution chart, Nuveen Virginia Quality Municipalome Fund ranks #1235 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen Virginia Quality Municipalome Fund has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Virginia Quality Municipalome Fund's Return-on-Tangible-Equity compare to RWAY and SRV?
According to the Asset Management industry distribution chart, Nuveen Virginia Quality Municipalome Fund ranks #1235 out of 1589 companies for Return-on-Tangible-Equity. This places Nuveen Virginia Quality Municipalome Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Nuveen Virginia Quality Municipalome Fund's value of 15.81% is 119.3% above this benchmark. While the company's 10-year median is 2.12 vs. the industry median of 7.21, Nuveen Virginia Quality Municipalome 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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 Virginia Quality Municipalome Fund's current Return-on-Tangible-Equity of 15.81% is 119.3% 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-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 Virginia Quality Municipalome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Virginia Quality Municipalome Fund's current Return-on-Tangible-Equity is 15.81%, which is 646% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Virginia Quality Municipalome Fund stock overvalued right now?
Nuveen Virginia Quality Municipalome Fund (NPV) has a current Return-on-Tangible-Equity of 15.81%. The current Return-on-Tangible-Equity is 15.81%, which is 646% above median its 10-year median of 2.12 and 119.3% above the Asset Management industry median of 7.21. Nuveen Virginia Quality Municipalome Fund's overall GF Score™ is 36/100. 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 Virginia Quality Municipalome Fund (NPV), the current Return-on-Tangible-Equity is 15.81% as of Nov. 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.
Nuveen Virginia Quality Municipalome Fund Business Description
Nuveen Virginia Quality Municipal Income Fund is a diversified closed-end management investment company. The fund seeks to provide current income exempt from both regular federal and designated state income taxes. The fund invests in a portfolio of municipal obligations issued by state and local government authorities. Company mostly invest in Education and Civic Organizations, Tax Obligation/General, Healthcare, Utilities , Housing/Multifamily, Transportation, and Others.
36GF Score
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