Nuveen Quality Municipal Income Fund (NAD) Research
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
Market snapshot
- Symbol
- NAD
- Price
- $11.97
- Day change
- +0.84%
- Market cap
- $2.8B
- P/E ratio
- 25.82x
- 52-week range
- 11.04-12.31
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Abrdn Income Credit Strategies Fund (ACP-PA)
- Adams Diversified Equity Fund, Inc. (ADX)
- Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)
- Fidelity Limited Term Municipal Income Fund (FSTFX)
- Nuveen Preferred & Income Opportunities Fund (JPC)
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- Nuveen Municipal Value Fund, Inc. (NUV)
- Nuveen AMT-Free Municipal Credit Income Fund (NVG)
Recent insider activity
- WELLS FARGO & COMPANY/MN — J-Other (750 shares) on 2026-06-10
- WELLS FARGO & COMPANY/MN — J-Other (500 shares) on 2026-03-11
- Siffermann William A — P-Purchase (100 shares) on 2026-03-05
- Castro Joseph — trade (0 shares) on 2025-10-16
- Page Robert Tanner — trade (0 shares) on 2025-09-10
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