Return on Assets (ROA): 5.16%
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 5.16% is 9206% above its 5-year average of -0.06%, near the high end of its 5-year range (-5.69%–5.71%).
As of Monday, June 29, 2026. 693.85% above its 12-month average of 0.65%.
NMS Return on Assets (ROA) Chart
Annual fiscal-year return on assets; no daily interpolation.
NMS Average Return on Assets (ROA) Chart
NMS Current vs Average Return on Assets (ROA) Chart
NMS Return on Assets (ROA) Metrics
RETURN ON ASSETS (ROA)
5.16%
RETURN ON ASSETS (ROA) AVG TTM
0.65%
RETURN ON ASSETS (ROA) AVG 3Y
-1.72%
RETURN ON ASSETS (ROA) AVG 5Y
-0.06%
RETURN ON ASSETS (ROA) AVG 10Y
N/A
RETURN ON ASSETS (ROA) AVG 15Y
N/A
RETURN ON ASSETS (ROA) AVG 20Y
N/A
CURRENT VS TTM AVG
+693.85%
CURRENT VS 3Y AVG
+400.00%
CURRENT VS 5Y AVG
+9205.88%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' Return on Assets (ROA)
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | 5.16% | 0.65% | -1.72% | -0.06% |
| Global X - MSCI Colombia ETF (COLO)vs › | $126.82M | N/A | N/A | N/A | N/A |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $157.50M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 7.87% | 2.31% | -8.46% | -3.48% |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 15.02% | 5.54% | -10.35% | -2.23% |
| Franklin Universal Trust (FT)vs › | $202.31M | 23.25% | 9.91% | 3.89% | 4.26% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.89% | 0.77% | 0.88% | 0.84% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 6.25% | 5.37% | 4.77% | 3.94% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 6.82% | 4.90% | 4.13% | 2.17% |
Asset Efficiency
ROA
5.2%
ROE
8.8%
Return on Assets (ROA) Formula & Definition
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Return on Assets (ROA) FAQ
- What is the return on assets (ROA) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The return on assets (ROA) for NMS stock is 5.16%.
- Is Nuveen Minnesota Quality Municipal Income Fund's return on assets (ROA) high or low?
- The return on assets (ROA) of 5.16% is 9206% above its 5-year average of -0.06%, near the high end of its 5-year range (-5.69%–5.71%).
- What is the TTM average return on assets (ROA) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average return on assets (ROA) for NMS stock is 0.65%.
- What is the 3Y average return on assets (ROA) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average return on assets (ROA) for NMS stock is -1.72%.
- What is the 5Y average return on assets (ROA) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average return on assets (ROA) for NMS stock is -0.06%.
NMS Return on Assets (ROA) History
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-05-31 | -0.21% |
| 2024-05-31 | 1.51% |
| 2023-05-31 | -2.49% |
| 2022-05-31 | -5.69% |
| 2021-05-31 | 5.71% |
| 2020-05-31 | 0.83% |
| 2019-05-31 | 4.57% |
| 2018-05-31 | 1.41% |
Related Metrics
About Nuveen Minnesota Quality Municipal Income Fund
The Nuveen Minnesota Quality Municipal Income Fund (NMS) operates as a closed-end mutual fund, focusing on fixed income assets, initially launched by Nuveen Investments, Inc. Its management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets across the United States. A core part of its strategy involves investing in investment-grade municipal bonds that provide exemptions from regular federal and Minnesota personal income taxes. To ensure quality, the fund targets securities with a credit rating of at least Baa/BBB or better, as assessed by S&P, Moody's, or Fitch. This fund, formerly recognized as the Nuveen Minnesota Municipal Income Fund, was established on June 25, 1993, and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Christopher L. Drahn