Nuveen Dividend Advantage Municipal Fund 2 (NXZ)

15.19 -0.04  -0.26%  May 30, 5:20PM Go Pro
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Nuveen Dividend Advantage Municipal Fund 2 Return on Equity

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About Return on Equity (ROE)

Click "Learn More" below to see how YCharts calculates Return on Equity.

Return on equity (ROE) measures the rate of return on the money invested by common stock owners and retained by the company thanks to previous profitable years. It demonstrates a company's ability to generate profits from shareholders' equity (also known as net assets or assets minus liabilities). In other words, ROE shows how well a company uses investment funds to generate growth. Return on equity is useful for comparing the profitability of companies within a sector or industry.

Investors generally are interested in company's that have high, increasing returns on equity.
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Recent Quotes

Symbol Price Chg Chg % Market Cap
NXZ 15.19 -0.04 -0.26%
NVTL 2.07 -0.04 -1.90% 68.11M
NVS 52.00 -0.26 -0.49% 125.77B
NVR 800.47 -33.73 -4.04% 4.221B
NVO 135.80 -2.83 -2.04% 80.41B
NVMI 7.00 +0.00 +0.00% 183.89M
NVLS 42.29 -1.21 -2.78% 3.080B
NVJ 15.54 -0.05 -0.30%
NVEC 51.74 -1.01 -1.91% 254.26M
NVE 17.09 -0.16 -0.93% 4.071B
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