Nuveen Multi-Assetome FundNMAI -0.72%46 ROE % is 17.69% as of Dec. 2025, which is 77% above its 10-year median of 10.02. GuruFocus rates NMAI with a GF Score™ of 46/100 and a GF Value™ of $22.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,612 Asset Management companies, Nuveen Multi-Assetome Fund ranks better than 79.09% on this metric.
The historical rank and industry rank for Nuveen Multi-Assetome Fund's ROE % or its related term are showing as below:
NMAI'
s ROE % Range Over the Past 10 Years
Min: -26.22 Med: 10.02 Max: 17.69
Current: 17.66
During the past 5 years, Nuveen Multi-Assetome Fund's highest ROE % was 17.69%. The lowest was -26.22%. And the median was 10.02%.
NMAI's ROE % is ranked better than 79.09% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs NMAI: 17.66
Nuveen Multi-Assetome Fund (NYSE:NMAI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
For the Asset Management subindustry, Nuveen Multi-Assetome Fund's ROE %, along with its competitors' market caps and ROE % 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 Multi-Assetome Fund ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Multi-Assetome Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Nuveen Multi-Assetome Fund's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Nuveen Multi-Assetome Fund (NMAI) has a ROE % of 17.69% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nuveen Multi-Assetome Fund and its competitors. This is 77% above median its historical median of 10.02. According to the industry distribution chart, Nuveen Multi-Assetome Fund ranks #337 out of 1612 companies in the Asset Management industry, placing it in the top 20.9%.
Is Nuveen Multi-Assetome Fund's ROE % too high?
Nuveen Multi-Assetome Fund's current ROE % of 17.69% is 77% above median its 10-year median of 10.02. The Asset Management industry median ROE % is 6.40. Nuveen Multi-Assetome Fund's value of 17.69% is 176.6% above this industry median. Based on the distribution chart, Nuveen Multi-Assetome Fund ranks #337 out of 1612 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Multi-Assetome Fund has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Assetome Fund's ROE % compare to HPS and VVR?
According to the Asset Management industry distribution chart, Nuveen Multi-Assetome Fund ranks #337 out of 1612 companies for ROE %. This places Nuveen Multi-Assetome Fund in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.40. Nuveen Multi-Assetome Fund's value of 17.69% is 176.6% above this benchmark. While the company's 10-year median is 10.02 vs. the industry median of 6.40, Nuveen Multi-Assetome 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Multi-Assetome Fund's current ROE % of 17.69% is 176.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nuveen Multi-Assetome Fund and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Multi-Assetome Fund's current ROE % is 17.69%, which is 77% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Assetome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund (NMAI) is currently considered Possible Value Trap. The stock's GF Value™ is $22.01, compared to a current price of $13.75 — trading 37.5% below its estimated fair value. The current ROE % is 17.69%, which is 77% above median its 10-year median of 10.02 and 176.6% above the Asset Management industry median of 6.40. Nuveen Multi-Assetome Fund's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nuveen Multi-Assetome Fund (NMAI), the current ROE % is 17.69% as of Dec. 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.
Is Nuveen Multi-Assetome Fund (NMAI) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund stock appears to be undervalued.
The current stock price of $13.75 is trading 37.5% below its estimated GF Value™ of $22.01.
GuruFocus considers Nuveen Multi-Assetome Fund to be Possible Value Trap.
Key valuation signals for NMAI:
ROE %: 17.69% (77% above median its 10-year median of 10.02)
GF Value™: $22.01 vs. price of $13.75 (37.5% below fair value)
Industry Position: 176.6% above the Asset Management median (#337 of 1612)
No single metric tells the full story. See the NMAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The Fund dynamically invests in a portfolio of equity and debt securities of issuers located around the world. This dynamic investment uses a risk-based framework in which any amount can be allocated to an asset-class at any time. The Fund's investment objective is to provide total return through high current income and capital appreciation.
46GF Score
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