NDMO (Nuveen Dynamic Municipal Opportunities) 3-Year RORE % : -0.29% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NDMO Nuveen Dynamic Municipal Opportunities NDMO
54 GF Score
Price $10.04
GF Value $17.43
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Nuveen Dynamic Municipal Opportunities 3-Year RORE %?

Nuveen Dynamic Municipal Opportunities NDMO +0.10% 54 3-Year RORE % is -0.29 as of Apr. 2026. GuruFocus rates NDMO with a GF Score™ of 54/100 and a GF Value™ of $17.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,535 Asset Management companies, Nuveen Dynamic Municipal Opportunities ranks worse than 58.63% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Nuveen Dynamic Municipal Opportunities's 3-Year RORE % for the quarter that ended in Apr. 2026 was -0.29%.

The industry rank for Nuveen Dynamic Municipal Opportunities's 3-Year RORE % or its related term are showing as below:

NDMO's 3-Year RORE % is ranked worse than
58.63% of 1535 companies
in the Asset Management industry
Industry Median: 12.02 vs NDMO: -0.29

Nuveen Dynamic Municipal Opportunities  (NYSE:NDMO) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Nuveen Dynamic Municipal Opportunities 3-Year RORE % Related Terms


Nuveen Dynamic Municipal Opportunities 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Nuveen Dynamic Municipal Opportunities's 3-Year RORE % 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 Dynamic Municipal Opportunities 3-Year RORE % Chart

Nuveen Dynamic Municipal Opportunities Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
3-Year RORE %
Get a 7-Day Free Trial 0.00 0.00 27.07 -141.98 -4.10

Nuveen Dynamic Municipal Opportunities Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.03 -141.98 -46.46 -4.10 -0.29

NDMO vs NML, EMD, NCDL: 3-Year RORE % Comparison

For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 Dynamic Municipal Opportunities 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dynamic Municipal Opportunities's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Nuveen Dynamic Municipal Opportunities's 3-Year RORE % falls into.


NDMO
54GF Score
Nuveen Dynamic Municipal Opportunities NDMO
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Dynamic Municipal Opportunities 3-Year RORE % Calculation

Nuveen Dynamic Municipal Opportunities's 3-Year RORE % for the quarter that ended in Apr. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.607-0.605 )/( 1.554-2.232 )
=0.002/-0.678
=-0.29 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Apr. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -0.29 mean?
Nuveen Dynamic Municipal Opportunities (NDMO) has a 3-Year RORE % of -0.29 as of Apr. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Nuveen Dynamic Municipal Opportunities and its competitors. According to the industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #900 out of 1535 companies in the Asset Management industry, placing it in the top 58.6%.
Is Nuveen Dynamic Municipal Opportunities' 3-Year RORE % too high?
Nuveen Dynamic Municipal Opportunities' current 3-Year RORE % is -0.29. Based on the distribution chart, Nuveen Dynamic Municipal Opportunities ranks #900 out of 1535 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Dynamic Municipal Opportunities has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Dynamic Municipal Opportunities' 3-Year RORE % compare to NML and EMD?
According to the Asset Management industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #900 out of 1535 companies for 3-Year RORE %. This places Nuveen Dynamic Municipal Opportunities in the lower half of its industry. The industry median 3-Year RORE % is 12.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.02, based on 1,535 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Nuveen Dynamic Municipal Opportunities and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Dynamic Municipal Opportunities's current 3-Year RORE % is -0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Dynamic Municipal Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Dynamic Municipal Opportunities (NDMO) is currently considered Possible Value Trap. The stock's GF Value™ is $17.43, compared to a current price of $10.04 — trading 42.4% below its estimated fair value. The current 3-Year RORE % is -0.29. Nuveen Dynamic Municipal Opportunities' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Nuveen Dynamic Municipal Opportunities (NDMO), the current 3-Year RORE % is -0.29 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 Dynamic Municipal Opportunities (NDMO) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Dynamic Municipal Opportunities stock appears to be undervalued. The current stock price of $10.04 is trading 42.4% below its estimated GF Value™ of $17.43. GuruFocus considers Nuveen Dynamic Municipal Opportunities to be Possible Value Trap.

Key valuation signals for NDMO:

  • 3-Year RORE %: -0.29
  • GF Value™: $17.43 vs. price of $10.04 (42.4% below fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Nuveen Dynamic Municipal Opportunities Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. Its investment objective is to seek total return through income exempt from regular federal income taxes and capital appreciation. A majority of its investments are made in municipal securities, the income from which is exempted from regular federal income taxes.
54GF Score

Get the complete analysis for NDMO

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.04
Price
$17.43
GF Value