NNY (Nuveen New York Municipal Value Fund) Asset Turnover: 0.07 (As of Feb. 2026)

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NNY Nuveen New York Municipal Value Fund Inc NNY
35 GF Score
Price $8.56
! 2 Warning Signs
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What is Nuveen New York Municipal Value Fund Asset Turnover?

Nuveen New York Municipal Value Fund NNY -0.93% 35 Asset Turnover is 0.07 as of Feb. 2026. GuruFocus rates NNY with a GF Score™ of 35/100. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nuveen New York Municipal Value Fund's Revenue for the six months ended in Feb. 2026 was $11.40 Mil. Nuveen New York Municipal Value Fund's Total Assets for the quarter that ended in Feb. 2026 was $166.53 Mil. Therefore, Nuveen New York Municipal Value Fund's Asset Turnover for the quarter that ended in Feb. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Nuveen New York Municipal Value Fund's annualized ROE % for the quarter that ended in Feb. 2026 was 13.72%. It is also linked to ROA % through Du Pont Formula. Nuveen New York Municipal Value Fund's annualized ROA % for the quarter that ended in Feb. 2026 was 13.61%.


Nuveen New York Municipal Value Fund  (NYSE:NNY) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Nuveen New York Municipal Value Fund's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=22.672/165.236
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.672 / 22.808)*(22.808 / 166.532)*(166.532/ 165.236)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.4 %*0.137*1.0078
=ROA %*Equity Multiplier
=13.61 %*1.0078
=13.72 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Nuveen New York Municipal Value Fund's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=22.672/166.532
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.672 / 22.808)*(22.808 / 166.532)
=Net Margin %*Asset Turnover
=99.4 %*0.137
=13.61 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Nuveen New York Municipal Value Fund Asset Turnover Related Terms


Nuveen New York Municipal Value Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nuveen New York Municipal Value Fund's Asset Turnover 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 New York Municipal Value Fund Asset Turnover Chart

Nuveen New York Municipal Value Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Aug25
Asset Turnover
Get a 7-Day Free Trial -0.00 0.00 -0.07 0.06 -0.02

Nuveen New York Municipal Value Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Asset Turnover 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 0.04 0.02 0.01 -0.03 0.07

NNY vs VTN, NAZ, BSL: Asset Turnover Comparison

For the Asset Management subindustry, Nuveen New York Municipal Value Fund's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 New York Municipal Value Fund Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen New York Municipal Value Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nuveen New York Municipal Value Fund's Asset Turnover falls into.


NNY
35GF Score
Nuveen New York Municipal Value Fund Inc NNY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen New York Municipal Value Fund Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Nuveen New York Municipal Value Fund's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Feb. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=-3.141/( (171.8+163.179)/ 2 )
=-3.141/167.4895
=-0.02

Nuveen New York Municipal Value Fund's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=11.404/( (163.179+169.885)/ 2 )
=11.404/166.532
=0.07

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.07 mean?
Nuveen New York Municipal Value Fund (NNY) has a Asset Turnover of 0.07 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen New York Municipal Value Fund and its competitors.
Is Nuveen New York Municipal Value Fund's Asset Turnover too high?
Nuveen New York Municipal Value Fund's current Asset Turnover is 0.07. Overall, Nuveen New York Municipal Value Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen New York Municipal Value Fund's Asset Turnover compare to VTN and NAZ?
Nuveen New York Municipal Value Fund's Asset Turnover of 0.07 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 Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen New York Municipal Value Fund and its competitors. Nuveen New York Municipal Value Fund's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen New York Municipal Value Fund stock overvalued right now?
Nuveen New York Municipal Value Fund (NNY) has a current Asset Turnover of 0.07. The current Asset Turnover is 0.07. Nuveen New York Municipal Value Fund's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Nuveen New York Municipal Value Fund (NNY), the current Asset Turnover is 0.07 as of Feb. 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.

Nuveen New York Municipal Value Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen New York Municipal Value Fund Inc. is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, New York State, and New York City income taxes, and from the federal alternative minimum tax for individuals, while enhancing portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds considered underrated, undervalued, or from undervalued municipal market sectors. It may invest in municipal securities such as lease obligations and certificates of participation, which provide an undivided interest in pools of municipal leases or installment purchase agreements.
35GF Score

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

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