NEA - NEA: Outperformer With A 4.7% Yield Is A Benchmark For Muni Bond Investors

December, 09 2020 07:31 AM Nuveen AMT-Free Quality Municipal Income Fund of Beneficial Interest Par Value $.01

NEA invests in investment-grade municipal bonds exempt from federal income taxes and the alternative minimum tax.
The fund has hiked its distribution monthly distribution twice this year and currently yields 4.7% based on its actively managed strategy and use of leverage.
We highlight NEA's strong total return performance record which has outperformed muni bond benchmarks.
The fund is a good option as a long-term holding for exposure to munis in the context of a diversified portfolio.

For further details see:

Company Name:	Nuveen AMT-Free Quality Municipal Income Fund of Beneficial Interest Par Value $.01
Stock Symbol:	NEA
Market:	NYSE