Latest ROE for Nuveen New York Quality Municipal Income Fund: 6.06% — see history and peer comparisons.
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+ Follow6.06%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Nuveen New York Quality Municipal Income Fund (NAN) currently reports a ROE of 6.06%. That is above the sector sector average of -4.03%. Use the charts on this page to explore Nuveen New York Quality Municipal Income Fund's ROE history and peer comparisons.
Nuveen New York Quality Municipal Income Fund's ROE of 6.06% is higher than the its sector sector average of -4.03%. That is roughly 250.5% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Nuveen New York Quality Municipal Income Fund's current 6.06% should be judged against industry norms (sector average: -4.03%) and against NAN's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 6.06%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is -4.03%. From there, open related valuation or income-statement pages for Nuveen New York Quality Municipal Income Fund, and consider following NAN for alerts when major investors trade the stock.