NMT
Price:
$11.73
Market Cap:
$109.38M
Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performanc...[Read more]
Industry
Asset Management - Income
IPO Date
1993-03-18
Stock Exchange
NYSE
Ticker
NMT
According to Nuveen Massachusetts Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 9.91%. This represents a change of 301.34% compared to the average of 2.47% of the last 4 quarters.
The mean historical ROE of Nuveen Massachusetts Quality Municipal Income Fund over the last ten years is 1.87%. The current 9.91% ROE has changed 429.74% with respect to the historical average. Over the past ten years (40 quarters), NMT's ROE was at its highest in in the November 2023 quarter at 8.25%. The ROE was at its lowest in in the May 2022 quarter at -15.68%.
Average
1.87%
Median
2.58%
Minimum
-14.91%
Maximum
9.55%
Discovering the peaks and valleys of Nuveen Massachusetts Quality Municipal Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 409.90%
Maximum Annual ROE = 9.55%
Minimum Annual Increase = -281.62%
Minimum Annual ROE = -14.91%
Year | ROE | Change |
---|---|---|
2024 | 2.29% | -170.23% |
2023 | -3.27% | -78.10% |
2022 | -14.91% | -281.62% |
2021 | 8.21% | 186.84% |
2020 | 2.86% | -55.39% |
2019 | 6.42% | 409.90% |
2018 | 1.26% | 1.60% |
2017 | 1.24% | -87.04% |
2016 | 9.55% | 89.26% |
2015 | 5.05% | 266.48% |
The current ROE of Nuveen Massachusetts Quality Municipal Income Fund (NMT) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-5.30%
5-year avg
-0.96%
10-year avg
1.87%
Nuveen Massachusetts Quality Municipal Income Fund’s ROE is less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than BlackRock Enhanced Government Fund, Inc. (3.10%), less than The Gabelli Utility Trust (2.15%), less than Nuveen California Municipal Value Fund (16.04%), less than Ellsworth Growth and Income Fund Ltd. (6.71%), less than GAMCO Natural Resources, Gold & Income Trust (6.79%), less than GAMCO Investors, Inc. (35.78%), less than The Gabelli Convertible and Income Securities Fund Inc. (9.50%), less than Saba Capital Income & Opportunities Fund (12.18%), less than MFS Investment Grade Municipal Trust (2.17%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than Invesco High Income 2024 Target Term Fund (11.57%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than Nuveen California Select Tax-Free Income Portfolio (12.50%), less than Nuveen New York Select Tax-Free Income Portfolio (13.18%), less than Western Asset Municipal High Income Fund Inc. (1.80%), less than Fiera Capital Corporation (21.21%), less than The European Equity Fund, Inc. (10.17%),
Company | ROE | Market cap |
---|---|---|
11.25% | $266.40M | |
3.10% | $37.16M | |
2.15% | $2.25B | |
16.04% | $287.71M | |
6.71% | $134.05M | |
6.79% | $95.44M | |
35.78% | $634.90M | |
9.50% | $77.09M | |
12.18% | $323.65M | |
2.17% | $66.38M | |
21.86% | $167.75M | |
11.57% | $66.25M | |
3.80% | $127.63M | |
12.50% | $84.62M | |
13.18% | $46.35M | |
1.80% | $152.64M | |
21.21% | $751.40M | |
10.17% | $56.66M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nuveen Massachusetts Quality Municipal Income Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Nuveen Massachusetts Quality Municipal Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Nuveen Massachusetts Quality Municipal Income Fund's ROE?
How is the ROE calculated for Nuveen Massachusetts Quality Municipal Income Fund (NMT)?
What is the highest ROE for Nuveen Massachusetts Quality Municipal Income Fund (NMT)?
What is the 3-year average ROE for Nuveen Massachusetts Quality Municipal Income Fund (NMT)?
What is the 5-year average ROE for Nuveen Massachusetts Quality Municipal Income Fund (NMT)?
How does the current ROE for Nuveen Massachusetts Quality Municipal Income Fund (NMT) compare to its historical average?