NAD icon

Nuveen Quality Municipal Income Fund

11.10 USD
-0.02
0.18%
At close Jul 30, 4:00 PM EDT
1 day
-0.18%
5 days
0.54%
1 month
-1.68%
3 months
-1.68%
6 months
-5.29%
Year to date
-6.09%
1 year
-5.45%
5 years
-24.08%
10 years
-18.68%
 

About: Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income exempted from regular federal income tax by investing in tax-exempt municipal securities that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.

0
Funds holding %
of 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

41% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 68

3.18% less ownership

Funds ownership: 30.46% [Q4 2024] → 27.28% (-3.18%) [Q1 2025]

4% less funds holding

Funds holding: 290 [Q4 2024] → 279 (-11) [Q1 2025]

14% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 35

26% less capital invested

Capital invested by funds: $999M [Q4 2024] → $737M (-$262M) [Q1 2025]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2024] → 5 (-2) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for NAD.

Financial journalist opinion

Neutral
Seeking Alpha
5 days ago
Unleveraged Options In The Tax-Exempt Sector
Fund-level leverage is only attractive when carry or capital gains potential is high; current tight spreads and an inverted yield curve make it less appealing. For tax-exempt CEFs, higher yields often come from longer duration, not leverage; unleveraged long-duration funds or ETFs can offer similar or better yields. Investors should not assume more leverage is always better; careful, situation-specific exposure to fund-level leverage is key to balancing risk and return.
Unleveraged Options In The Tax-Exempt Sector
Positive
Forbes
1 month ago
A $7-Trillion Cash Wave Is About To Flood Dividend Stocks
Stocks—especially dividend stocks—have every reason to shoot higher from here. In fact, they have 7 trillion reasons.
A $7-Trillion Cash Wave Is About To Flood Dividend Stocks
Positive
24/7 Wall Street
1 month ago
Need Almost $1100 per Month in Tax-Free Income? Invest in 8 Municipal Bond ETFs
One of the only downsides to passive income from stocks and bonds is that the revenue generated from those investments is subject to federal and state income tax.
Need Almost $1100 per Month in Tax-Free Income? Invest in 8 Municipal Bond ETFs
Negative
Seeking Alpha
2 months ago
NAD: A Proxy For Investment Grade Corporate Exposure
The credit cycle is arguably deteriorating. Thus, we see investors moving out of corporate credit and into Municipal bonds with hybrid general obligation and revenue exposure. Nuveen Quality Muni Income Fund seems like a prime candidate given its GO and revenue exposure. Moreover, it embodies the excess TEY-treasury spreads on offer. Some might oppose its leveraged strategy due to the effect on its expense ratio and the risks leverage adds in down markets. However, we see lower funding costs emerging.
NAD: A Proxy For Investment Grade Corporate Exposure
Positive
Seeking Alpha
3 months ago
NAD: I See This Fund Pushing Higher Along With The Municipal Sector
Evaluating Nuveen Quality Muni Income Fund as an investment due to its current market price and high yield above 8%. NAD's recent price weakness in 2025 appears overdone, presenting a potential buying opportunity. The fund aims to provide income exempt from federal tax and enhance portfolio value.
NAD: I See This Fund Pushing Higher Along With The Municipal Sector
Neutral
Seeking Alpha
4 months ago
Forget Growth: 5 Big Safe Yields Worth Considering
The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payments, thereby allowing investors to worry far less about price volatility (as long as those big income payments keep coming in). This report shares 5 big safe yield strategies (including a variety of top income ideas), and then concludes with an important takeaway about succeeding in this market.
Forget Growth: 5 Big Safe Yields Worth Considering
Positive
24/7 Wall Street
5 months ago
Want Over $1000 per Month in Tax-Free Income? Buy These 8 Municipal Bond ETFs
One of the only downsides to passive income from stocks and bonds is that the revenue generated from those investments is subject to federal and state income tax.
Want Over $1000 per Month in Tax-Free Income? Buy These 8 Municipal Bond ETFs
Positive
Forbes
6 months ago
This Tax-Free 7.8% Dividend Could Soar In 2025
If you were taking a break from your family on Christmas Day, you may have caught my article on how Jay Powell's recent “hawkish cut” is set to light a fire under high-yielding (and tax-free!) municipal bonds.
This Tax-Free 7.8% Dividend Could Soar In 2025
Negative
Seeking Alpha
7 months ago
CEF Weekly Review: Muni ROC Is Mountain High
We review the CEF market valuation and performance through the third week of December and highlight recent market action. All CEF sectors declined this week due to a more hawkish Fed, with most discounts widening except for the loan sector. The sharp rise in Municipal CEF distributions this year is disproportionate to net income increases, driven by efforts to tighten discounts and deter activists.
CEF Weekly Review: Muni ROC Is Mountain High
Negative
Seeking Alpha
7 months ago
NAD Vs. NXP Revisited: Time To Delever
Nuveen Quality Municipal Income Fund distributions are only about 52% covered by investment income. NAD is also leveraged, which helped returns in 2024 but may not be an advantage going forward as rates are no longer falling as fast. Nuveen Select Tax-Free Income Portfolio is unleveraged and fully covers its dividends with investment income.
NAD Vs. NXP Revisited: Time To Delever
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