Latest ROE for Nuveen New York Municipal Value Fund: 12.66% — see history and peer comparisons.
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+ Follow12.66%
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 Municipal Value Fund (NNY) currently reports a ROE of 12.66%. That is above the sector sector average of -5.87%. Use the charts on this page to explore Nuveen New York Municipal Value Fund's ROE history and peer comparisons.
Nuveen New York Municipal Value Fund's ROE of 12.66% is higher than the its sector sector average of -5.87%. That is roughly 315.8% 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 Municipal Value Fund's current 12.66% should be judged against industry norms (sector average: -5.87%) and against NNY'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 12.66%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is -5.87%. From there, open related valuation or income-statement pages for Nuveen New York Municipal Value Fund, and consider following NNY for alerts when major investors trade the stock.