Company
Nuveen Quality Municipal Income Fund
Headquarters: Chicago, IL, United States
Market Cap
$2.66 Billion
USD as of Jan. 1, 2024
Nuveen Quality Municipal Income Fund Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
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Industry: Asset Management
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Sector:
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Detailed Description
Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
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Stocks & Indices
Nuveen Quality Municipal Income Fund has the following listings and related stock indices.
Stock: NYSE: NAD wb_incandescent