NMZ (Nuveen Municipal Highome Opp Fund) Tax Expense: $0.00 Mil (TTM 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 Tax Expense?

Nuveen Municipal Highome Opp Fund NMZ +0.19% 49 Tax Expense is $0.00 Mil 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 tax expense for the months ended in Apr. 2026 was $0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Apr. 2026 was $0.00 Mil.


Nuveen Municipal Highome Opp Fund  (NYSE:NMZ) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Nuveen Municipal Highome Opp Fund Tax Expense Related Terms


Nuveen Municipal Highome Opp Fund Tax Expense Historical Data

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The historical data trend for Nuveen Municipal Highome Opp Fund's Tax Expense 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 Tax Expense Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Tax Expense
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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
Tax Expense 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 0.00 0.00 0.00 0.00 0.00
NMZ
49GF Score
Nuveen Municipal High Income Opp Fund NMZ
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Municipal Highome Opp Fund Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of $0.00 Mil mean?
Nuveen Municipal Highome Opp Fund (NMZ) has a Tax Expense of $0.00 Mil as of Apr. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Nuveen Municipal Highome Opp Fund and its competitors.
Is Nuveen Municipal Highome Opp Fund's Tax Expense too high?
Nuveen Municipal Highome Opp Fund's current Tax Expense is $0.00 Mil. 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 Tax Expense compare to JFR and HQH?
Nuveen Municipal Highome Opp Fund's Tax Expense of $0.00 Mil 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 Tax Expense for an Asset Management company?
A good Tax Expense depends on the Asset Management industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Nuveen Municipal Highome Opp Fund and its competitors. Nuveen Municipal Highome Opp Fund's current Tax Expense is $0.00 Mil. 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 Tax Expense is $0.00 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Nuveen Municipal Highome Opp Fund (NMZ), the current Tax Expense is $0.00 Mil 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:

  • Tax Expense: $0.00 Mil
  • 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

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.55
Price
$27.89
GF Value