Gross Margin: 85.08%
Is the gross margin high or low?
The gross margin of 85.08% is 19% below its 5-year average of 104.86%, near the low end of its 5-year range (62.14%–371.10%).
As of Monday, June 29, 2026. 52.76% below its 12-month average of 180.09%.
NMS Gross Margin
Reported quarterly gross margin; no daily interpolation.
NMS Average Gross Margin Chart
NMS Current vs Average Gross Margin Chart
NMS Gross Margin Metrics
GROSS MARGIN
85.08%
GROSS MARGIN AVG TTM
180.09%
GROSS MARGIN AVG 3Y
119.68%
GROSS MARGIN AVG 5Y
104.86%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-52.76%
CURRENT VS 3Y AVG
-28.91%
CURRENT VS 5Y AVG
-18.87%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | 85.08% | 180.09% | 119.68% | 104.86% |
| 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 | 70.40% | 81.72% | 89.54% | 76.36% |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 38.92% | 69.46% | 98.20% | 97.31% |
| Franklin Universal Trust (FT)vs › | $202.31M | 86.88% | 93.67% | 108.72% | 144.02% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 71.36% | 67.59% | 75.75% | 78.81% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 84.12% | 83.56% | 104.03% | 81.56% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 83.53% | 87.03% | 83.31% | 84.77% |
Gross Margin Analysis
Gross Margin
85.1%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The gross margin for NMS stock is 85.08%.
- Is Nuveen Minnesota Quality Municipal Income Fund's gross margin high or low?
- The gross margin of 85.08% is 19% below its 5-year average of 104.86%, near the low end of its 5-year range (62.14%–371.10%).
- What is the TTM average gross margin for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average gross margin for NMS stock is 180.09%.
- What is the 3Y average gross margin for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average gross margin for NMS stock is 119.68%.
- What is the 5Y average gross margin for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average gross margin for NMS stock is 104.86%.
NMS Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-11-30 | 85.08% |
| 2025-05-31 | 371.10% |
| 2024-11-30 | 84.08% |
| 2024-05-31 | 84.70% |
| 2023-11-30 | 69.01% |
| 2023-05-31 | 81.67% |
| 2022-11-30 | 62.14% |
| 2022-05-31 | 67.57% |
| 2021-11-30 | 82.44% |
| 2021-05-31 | 82.40% |
| 2020-11-30 | 83.29% |
| 2020-05-31 | 79.61% |
| 2019-11-30 | 84.32% |
| 2019-05-31 | 84.56% |
| 2018-11-30 | 0.00% |
| 2018-05-31 | 0.00% |
| 2017-11-30 | 0.00% |
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