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 given 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 7.3%. The ex-dividend date is Tuesday, September 15th.
Nuveen Quality Municipal Income Fund Stock Performance
NYSE:NAD opened at $11.54 on Wednesday. The stock’s fifty day simple moving average is $11.82 and its 200-day simple moving average is $11.84. Nuveen Quality Municipal Income Fund has a 12-month low of $11.11 and a 12-month high of $12.31.
About Nuveen Quality Municipal Income Fund
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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