Nuveen Ohio Quality Municipalome Fund (Nuveen Ohio Quality Municipalome Fund) 10-Year RORE % : 0.00% (As of Aug. 2022)

Nuveen Ohio Quality Municipalome Fund 10-Year RORE % Chart

Nuveen Ohio Quality Municipalome Fund Annual Data
	Trend	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22
10-Year RORE %		Get a 7-Day Free Trial					-	-	-	-138.07	312.16

Nuveen Ohio Quality Municipalome Fund Semi-Annual Data
	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
10-Year RORE %	Get a 7-Day Free Trial															-	-138.07	-94.63	312.16	32.92

Competitive Comparison of Nuveen Ohio Quality Municipalome Fund's 10-Year RORE %

For the Asset Management subindustry, Nuveen Ohio Quality Municipalome Fund's 10-Year RORE %, along with its competitors' market caps and 10-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 Ohio Quality Municipalome Fund's 10-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Ohio Quality Municipalome Fund's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Nuveen Ohio Quality Municipalome Fund's 10-Year RORE % falls into.

Nuveen Ohio Quality Municipalome Fund 10-Year RORE % Calculation

Nuveen Ohio Quality Municipalome Fund's 10-Year RORE % for the quarter that ended in Aug. 2022 is calculated as:

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Aug. 2022 and 10-year before.

Nuveen Ohio Quality Municipalome Fund  (NYSE:NUO) 10-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, 10-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 Ohio Quality Municipalome Fund 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Nuveen Ohio Quality Municipalome Fund's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Ohio Quality Municipalome Fund (Nuveen Ohio Quality Municipalome Fund) Business Description