Nuveen Quality Municipal Income Fund Logo

Nuveen Quality Municipal Income Fund

An actively managed fund providing tax-free income from a leveraged portfolio of municipal bonds.

NAD | NYSE

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
JOHN NUVEEN & CO, 60606 CHICAGO
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

Nuveen Quality Municipal Income Fund (NAD) is a closed-end, actively managed investment fund. Its primary objective is to provide current income that is exempt from regular federal income tax, while also seeking to enhance portfolio value. The fund invests in a diversified portfolio of tax-exempt municipal securities and utilizes leverage to potentially increase returns. By policy, the fund may invest up to 35% of its managed assets in municipal securities rated BBB or below. It targets investors seeking attractive monthly tax-free income, portfolio diversification, and competitive after-tax total returns. The fund is sub-advised by Nuveen Asset Management, LLC.

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Insider Transactions

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