What is Nuveen AMT-Free Municipal Creditome Fund ROE %?
Nuveen AMT-Free Municipal Creditome FundNVG -0.38%38 ROE % is 11.38% as of Oct. 2025, which is 248% above its 10-year median of 3.27. GuruFocus rates NVG with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,615 Asset Management companies, Nuveen AMT-Free Municipal Creditome Fund ranks worse than 67.06% on this metric.
NVG's ROE % is ranked worse than 67.06% of 1615
companies
in the Asset Management industry
Industry Median: 6.35
vs NVG: 2.04
Nuveen AMT-Free Municipal Creditome Fund (NYSE:NVG) 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 (Oct. 2025) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.
Nuveen AMT-Free Municipal Creditome Fund ROE % Related Terms
Nuveen AMT-Free Municipal Creditome Fund ROE % 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 AMT-Free Municipal Creditome Fund ROE % Chart
Nuveen AMT-Free Municipal Creditome Fund Annual Data
For the Asset Management subindustry, Nuveen AMT-Free Municipal Creditome 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 AMT-Free Municipal Creditome Fund ROE % vs Asset Management Industry
* 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 (Oct. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Nuveen AMT-Free Municipal Creditome Fund (NVG) has a ROE % of 11.38% as of Oct. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nuveen AMT-Free Municipal Creditome Fund and its competitors. This is 248% above median its historical median of 3.27. According to the industry distribution chart, Nuveen AMT-Free Municipal Creditome Fund ranks #1083 out of 1615 companies in the Asset Management industry, placing it in the top 67.1%.
Is Nuveen AMT-Free Municipal Creditome Fund's ROE % too high?
Nuveen AMT-Free Municipal Creditome Fund's current ROE % of 11.38% is 248% above median its 10-year median of 3.27. The Asset Management industry median ROE % is 6.35. Nuveen AMT-Free Municipal Creditome Fund's value of 11.38% is 79.2% above this industry median. Based on the distribution chart, Nuveen AMT-Free Municipal Creditome Fund ranks #1083 out of 1615 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen AMT-Free Municipal Creditome Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen AMT-Free Municipal Creditome Fund's ROE % compare to APAM and NAD?
According to the Asset Management industry distribution chart, Nuveen AMT-Free Municipal Creditome Fund ranks #1083 out of 1615 companies for ROE %. This places Nuveen AMT-Free Municipal Creditome Fund in the lower half of its industry. The industry median ROE % is 6.35. Nuveen AMT-Free Municipal Creditome Fund's value of 11.38% is 79.2% above this benchmark. While the company's 10-year median is 3.27 vs. the industry median of 6.35, Nuveen AMT-Free Municipal Creditome 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 6.35, based on 1,615 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 AMT-Free Municipal Creditome Fund's current ROE % of 11.38% is 79.2% 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 AMT-Free Municipal Creditome Fund and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen AMT-Free Municipal Creditome Fund's current ROE % is 11.38%, which is 248% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen AMT-Free Municipal Creditome Fund stock overvalued right now?
Nuveen AMT-Free Municipal Creditome Fund (NVG) has a current ROE % of 11.38%. The current ROE % is 11.38%, which is 248% above median its 10-year median of 3.27 and 79.2% above the Asset Management industry median of 6.35. Nuveen AMT-Free Municipal Creditome Fund's overall GF Score™ is 38/100 with 5 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 AMT-Free Municipal Creditome Fund (NVG), the current ROE % is 11.38% as of Oct. 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 AMT-Free Municipal Creditome Fund Business Description
Nuveen AMT-Free Municipal Credit Income Fund is a diversified, closed-end management investment company. Its objective is to provide current income exempt from regular federal income tax and federal alternative minimum tax applicable to individuals and enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the investment adviser believes are underrated or undervalued or represent undervalued municipal market sectors.
38GF Score
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