Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0705 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Tuesday, September 15th.
Nuveen Quality Municipal Income Fund Price Performance
Shares of NAD stock opened at $10.97 on Friday. The stock has a 50-day moving average of $11.70 and a 200-day moving average of $11.79. Nuveen Quality Municipal Income Fund has a 1-year low of $10.84 and a 1-year high of $12.31.
Nuveen Quality Municipal Income Fund Company Profile
Nuveen Quality Municipal Income Fund (NYSE:NAD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds, issued by state and local governments across the United States. By focusing on high-quality issuers, the fund aims to balance income generation with prudent risk management.
Launched in July 2022, NAD is managed by Nuveen Asset Management, a subsidiary of TIAA with decades of experience in municipal bond investing.
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