Return on Invested Capital (ROIC): 2.93%
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 2.93% is 93% above its 5-year average of 1.52%, around the middle of its 5-year range (-14.05%–10.96%).
As of Saturday, June 27, 2026. 57.81% below its 12-month average of 6.95%.
NAD Return on Invested Capital (ROIC) Chart
Annual fiscal-year return on invested capital; no daily interpolation.
NAD Average Return on Invested Capital (ROIC) Chart
NAD Current vs Average Return on Invested Capital (ROIC) Chart
NAD Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
2.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-57.81%
CURRENT VS 3Y AVG
+363.24%
CURRENT VS 5Y AVG
+93.19%
CURRENT VS 10Y AVG
+61.39%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NAD Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.81B | 2.93% | 6.95% | 0.63% | 1.52% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.10B | -19.94% | -10.27% | 1.09% | 10.32% |
| Main Street Capital Corporation (MAIN)vs › | $4.75B | 8.64% | 9.32% | 8.53% | 7.29% |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.28M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | -0.21% | -0.21% | 3.46% | 4.01% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $314.35M | 4.57% | 5.10% | 3.12% | 1.85% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 4.45% | 4.27% | 5.52% | 5.21% |
| Franklin Universal Trust (FT)vs › | $201.81M | 8.38% | 10.51% | 4.68% | 4.95% |
| The New Germany Fund, Inc. (GF)vs › | $186.33M | 26.89% | 13.75% | -9.44% | -5.72% |
| DeFi Technologies Inc. (DEFT)vs › | $164.54M | 17.94% | -32.52% | -33.08% | -20.92% |
Capital Efficiency
ROIC
2.9%
ROE
20.2%
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 Quality Municipal Income Fund (NAD)?
- The return on invested capital (ROIC) for NAD stock is 2.93%.
- Is Nuveen Quality Municipal Income Fund's return on invested capital (ROIC) high or low?
- The return on invested capital (ROIC) of 2.93% is 93% above its 5-year average of 1.52%, around the middle of its 5-year range (-14.05%–10.96%).
- What is the TTM average return on invested capital (ROIC) for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average return on invested capital (ROIC) for NAD stock is 6.95%.
- What is the 3Y average return on invested capital (ROIC) for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average return on invested capital (ROIC) for NAD stock is 0.63%.
- What is the 5Y average return on invested capital (ROIC) for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average return on invested capital (ROIC) for NAD stock is 1.52%.
- What is the 10Y average return on invested capital (ROIC) for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average return on invested capital (ROIC) for NAD stock is 1.82%.
NAD Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-10-31 | 2.93% |
| 2024-10-31 | 10.96% |
| 2023-10-31 | 2.69% |
| 2022-10-31 | -14.05% |
| 2021-10-31 | 4.24% |
| 2020-10-31 | 2.33% |
| 2019-10-31 | 8.48% |
| 2018-10-31 | -0.36% |
| 2017-10-31 | -2.31% |
| 2016-10-31 | 1.07% |
| 2015-10-31 | 3.99% |
| 2014-10-31 | 4.21% |
| 2013-10-31 | 4.36% |
| 2012-10-31 | 4.48% |
Related Metrics
About Nuveen Quality Municipal Income Fund
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Thomas C. Spalding Jr.