Return on Equity (ROE): 8.85%
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 8.85% is 4092% above its 5-year average of -0.22%, near the high end of its 5-year range (-9.77%–9.09%).
As of Monday, June 29, 2026. 704.55% above its 12-month average of 1.10%.
NMS Return on Equity (ROE) Chart
Annual fiscal-year return on equity; no daily interpolation.
NMS Average Return on Equity (ROE) Chart
NMS Current vs Average Return on Equity (ROE) Chart
NMS Return on Equity (ROE) Metrics
RETURN ON EQUITY (ROE)
8.85%
RETURN ON EQUITY (ROE) AVG TTM
1.10%
RETURN ON EQUITY (ROE) AVG 3Y
-2.94%
RETURN ON EQUITY (ROE) AVG 5Y
-0.22%
RETURN ON EQUITY (ROE) AVG 10Y
N/A
RETURN ON EQUITY (ROE) AVG 15Y
N/A
RETURN ON EQUITY (ROE) AVG 20Y
N/A
CURRENT VS TTM AVG
+704.55%
CURRENT VS 3Y AVG
+400.76%
CURRENT VS 5Y AVG
+4092.48%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' Return on Equity (ROE)
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | 8.85% | 1.10% | -2.94% | -0.22% |
| 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 | 31.96% | -63.45% | -126.83% | -91.96% |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 17.19% | 6.88% | -9.68% | -1.05% |
| Franklin Universal Trust (FT)vs › | $202.31M | 29.45% | 12.80% | 4.97% | 5.48% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 8.53% | 7.39% | 8.93% | 8.32% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 7.75% | 6.65% | 6.19% | 5.29% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 9.82% | 7.56% | 6.50% | 3.41% |
Return Analysis
ROE
8.8%
ROA
5.2%
Return on Equity (ROE) Formula & Definition
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Return on Equity (ROE) FAQ
- What is the return on equity (ROE) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The return on equity (ROE) for NMS stock is 8.85%.
- Is Nuveen Minnesota Quality Municipal Income Fund's return on equity (ROE) high or low?
- The return on equity (ROE) of 8.85% is 4092% above its 5-year average of -0.22%, near the high end of its 5-year range (-9.77%–9.09%).
- What is the TTM average return on equity (ROE) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average return on equity (ROE) for NMS stock is 1.10%.
- What is the 3Y average return on equity (ROE) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average return on equity (ROE) for NMS stock is -2.94%.
- What is the 5Y average return on equity (ROE) for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average return on equity (ROE) for NMS stock is -0.22%.
NMS Return on Equity (ROE) History
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-05-31 | -0.36% |
| 2024-05-31 | 2.56% |
| 2023-05-31 | -4.20% |
| 2022-05-31 | -9.77% |
| 2021-05-31 | 9.09% |
| 2020-05-31 | 1.35% |
| 2019-05-31 | 7.34% |
| 2018-05-31 | 2.29% |
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