Return on Invested Capital (ROIC): -0.21%
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of -0.21% is 159% below its 5-year average of 0.36%, around the middle of its 5-year range (-5.42%–6.08%).
As of Monday, June 29, 2026. 118.58% below its 12-month average of 1.13%.
NMS Return on Invested Capital (ROIC) Chart
Annual fiscal-year return on invested capital; no daily interpolation.
NMS Average Return on Invested Capital (ROIC) Chart
NMS Current vs Average Return on Invested Capital (ROIC) Chart
NMS Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
-0.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-118.58%
CURRENT VS 3Y AVG
+85.05%
CURRENT VS 5Y AVG
-159.15%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | -0.21% | 1.13% | -1.41% | 0.36% |
| 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 | 17.94% | -32.52% | -33.08% | -20.92% |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 26.89% | 13.75% | -9.44% | -5.72% |
| Franklin Universal Trust (FT)vs › | $202.31M | 8.38% | 10.51% | 4.68% | 4.95% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 4.45% | 4.27% | 5.52% | 5.21% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 4.57% | 5.10% | 3.12% | 1.85% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 5.98% | 5.54% | 4.80% | 2.71% |
Capital Efficiency
ROIC
-0.2%
ROE
8.8%
Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The return on invested capital (ROIC) for NMS stock is -0.21%.
- Is Nuveen Minnesota Quality Municipal Income Fund's return on invested capital (ROIC) high or low?
- The return on invested capital (ROIC) of -0.21% is 159% below its 5-year average of 0.36%, around the middle of its 5-year range (-5.42%–6.08%).
- What is the TTM average return on invested capital (ROIC) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average return on invested capital (ROIC) for NMS stock is 1.13%.
- What is the 3Y average return on invested capital (ROIC) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average return on invested capital (ROIC) for NMS stock is -1.41%.
- What is the 5Y average return on invested capital (ROIC) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average return on invested capital (ROIC) for NMS stock is 0.36%.
NMS Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-05-31 | -0.21% |
| 2024-05-31 | 2.47% |
| 2023-05-31 | -2.46% |
| 2022-05-31 | -5.42% |
| 2021-05-31 | 6.08% |
| 2020-05-31 | 1.67% |
| 2019-05-31 | 5.53% |
| 2018-05-31 | -0.97% |
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