NAD icon

Nuveen Quality Municipal Income Fund

11.23 USD
-0.10
0.88%
At close Jun 13, 4:00 PM EDT
1 day
-0.88%
5 days
0.27%
1 month
-1.14%
3 months
-4.18%
6 months
-5.55%
Year to date
-4.99%
1 year
-4.59%
5 years
-20.13%
10 years
-18.80%
 

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 7,296 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

Negative
Seeking Alpha
2 weeks 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
1 month 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
3 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
4 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
5 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
5 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
6 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
Neutral
Seeking Alpha
7 months ago
PIMCO CEF Update: Muni Coverage And The Premium Mystery
We take a look at the PIMCO CEFs coverage, valuation, and performance. Distribution coverage for PIMCO's Muni CEFs has surged, coinciding to the retirement of auction-rate preferreds, but the increase is too high. Taxable CEFs' distribution coverage has declined, with only PDO maintaining over 100% coverage, while the rest average just above 71%.
PIMCO CEF Update: Muni Coverage And The Premium Mystery
Positive
Seeking Alpha
8 months ago
Municipal CEF Update: Discounts And Rates Deliver A Rally
We discuss Muni CEF performance, distributions and valuations in this latest update. Municipal CEFs have outperformed due to high rates, wide discounts, and rising distributions, however the easy money has mostly been made in our view. Municipal bonds remain attractive compared to corporate bonds, but Muni CEF discounts have tightened to historic averages, reducing their previous appeal.
Municipal CEF Update: Discounts And Rates Deliver A Rally
Positive
Forbes
11 months ago
Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%
Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.
Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%
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