PenderFund Capital Management’s Nuveen Quality Municipal Income Fund NAD Stock Holding History

PenderFund Capital Management’s Portfolio NAD Stock Details NAD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-335,000	Closed	-$5.61M	–	148
2024 Q4	$5.61M	Sell	335,000 -250,000	-43%	-$3.01M	1.21%	19
2024 Q3	$9.79M	Sell	585,000 -34,900	-6%	-$419K	2.26%	12
2024 Q2	$9.96M	Sell	619,900 -230,100	-27%	-$2.59M	2.74%	10
2024 Q1	$13.2M	Hold	850,000	–	–	3.49%	10
2023 Q4	$12.9M	Hold	850,000	–	–	4.2%	10
2023 Q3	$11.7M	Buy	+850,000	New	+$9.25M	3.51%	10
2020 Q4	–	Sell	-200,000	Closed	-$3.88M	–	87
2020 Q3	$3.88M	Hold	200,000	–	–	1.08%	35
2020 Q2	$3.81M	Sell	200,000 -100,000	-33%	-$1.36M	1.03%	37
2020 Q1	$5.8M	Buy	+300,000	New	+$4.33M	1.81%	20
2019 Q4	–	Sell	-60,000	Closed	-$862K	–	57
2019 Q3	$862K	Sell	60,000 -150,000	-71%	-$2.15M	0.29%	52
2019 Q2	$2.99M	Hold	210,000	–	–	1.07%	33
2019 Q1	$3.69M	Sell	210,000 -50,000	-19%	-$662K	1.07%	33
2018 Q4	$3.26M	Buy	+260,000	New	+$3.25M	1.08%	32

Other funds holding NAD

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

Bramshill Investments Naples, Florida $1.16B AUM 0.86% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

MSL

Mackay Shields LLC New York $2.73B AUM 2.13% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

PenderFund Capital Management's NAD Position: Q1 2025 in Review

PenderFund Capital Management sold out of Nuveen Quality Municipal Income Fund (NAD) in Q1 2025, closing a stake of 335,000 shares — an estimated $5.61M sold.

PenderFund Capital Management first reported a position in NAD in Q4 2018 and held it in 13 quarters. The position peaked at $13.2M in Q1 2024. 285 funds tracked by Wall St. Rank hold NAD as of Q1 2025.

PenderFund Capital Management reported no remaining Nuveen Quality Municipal Income Fund position as of Q1 2025 after selling out during the quarter.
PenderFund Capital Management sold 335,000 Nuveen Quality Municipal Income Fund shares in Q1 2025, an estimated $5.61M.
PenderFund Capital Management first reported a position in Nuveen Quality Municipal Income Fund in Q4 2018 and held it in 13 quarters.
PenderFund Capital Management's Nuveen Quality Municipal Income Fund position peaked at $13.2M in Q1 2024.
285 funds tracked by Wall St. Rank held Nuveen Quality Municipal Income Fund as of Q1 2025.

Based on PenderFund Capital Management's 13F filing for Q1 2025, filed 15 May 2025.