NMZ (Nuveen Municipal Highome Opp Fund) ROE % Adjusted to Book Value: 2.85% (As of Apr. 2026)


NMZ Nuveen Municipal High Income Opp Fund NMZ
49 GF Score
Price $10.55
GF Value $27.89
Valuation Possible Value Trap
! 7 Warning Signs
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What is Nuveen Municipal Highome Opp Fund ROE % Adjusted to Book Value?

Nuveen Municipal Highome Opp Fund NMZ +0.19% 49 ROE % Adjusted to Book Value is 2.85% as of Apr. 2026. GuruFocus rates NMZ with a GF Score™ of 49/100 and a GF Value™ of $27.89 (Possible Value Trap). The stock has 7 warning signs investors should review.

Nuveen Municipal Highome Opp Fund's ROE % for the quarter that ended in Apr. 2026 was 1.54%. Nuveen Municipal Highome Opp Fund's PB Ratio for the quarter that ended in Apr. 2026 was 0.54. Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was 2.85%.


Nuveen Municipal Highome Opp Fund ROE % Adjusted to Book Value Related Terms


Nuveen Municipal Highome Opp Fund ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value 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 Municipal Highome Opp Fund ROE % Adjusted to Book Value Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 -32.23 0.77 22.53 2.10

Nuveen Municipal Highome Opp Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROE % Adjusted to Book Value 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 Premium Member Only Premium Member Only 37.05 10.00 -5.98 10.34 2.85

NMZ vs JFR, HQH, DSL: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 Municipal Highome Opp Fund ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value falls into.


NMZ
49GF Score
Nuveen Municipal High Income Opp Fund NMZ
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Municipal Highome Opp Fund ROE % Adjusted to Book Value Calculation

Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value for the fiscal year that ended in Oct. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.10% / 1.00
=2.10%

Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.54% / 0.54
=2.85%

* 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.

What does a ROE % Adjusted to Book Value of 2.85% mean?
Nuveen Municipal Highome Opp Fund (NMZ) has a ROE % Adjusted to Book Value of 2.85% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nuveen Municipal Highome Opp Fund and its competitors.
Is Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value too high?
Nuveen Municipal Highome Opp Fund's current ROE % Adjusted to Book Value is 2.85%. Overall, Nuveen Municipal Highome Opp Fund has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value compare to JFR and HQH?
Nuveen Municipal Highome Opp Fund's ROE % Adjusted to Book Value of 2.85% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nuveen Municipal Highome Opp Fund and its competitors. Nuveen Municipal Highome Opp Fund's current ROE % Adjusted to Book Value is 2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipal Highome Opp Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund (NMZ) is currently considered Possible Value Trap. The stock's GF Value™ is $27.89, compared to a current price of $10.55 — trading 62.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 2.85%. Nuveen Municipal Highome Opp Fund's overall GF Score™ is 49/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nuveen Municipal Highome Opp Fund (NMZ), the current ROE % Adjusted to Book Value is 2.85% as of Apr. 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 Municipal Highome Opp Fund (NMZ) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund stock appears to be undervalued. The current stock price of $10.55 is trading 62.2% below its estimated GF Value™ of $27.89. GuruFocus considers Nuveen Municipal Highome Opp Fund to be Possible Value Trap.

Key valuation signals for NMZ:

  • ROE % Adjusted to Book Value: 2.85%
  • GF Value™: $27.89 vs. price of $10.55 (62.2% below fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the NMZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Municipal Highome Opp Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal High Income Opp Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide high current income exempt from regular federal income tax. The Fund's secondary investment objective is to seek an attractive total return consistent with its primary objective.
49GF Score

Get the complete analysis for NMZ

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.55
Price
$27.89
GF Value