NAD News and Press, Nuveen Quality Municipal Income Fund From 04/10/23

2023-04-10 05:00:47 ET Summary We review CEF market valuation and performance through the last week of March and highlight recent market action. CEFs had a strong week with nearly all sectors finishing in the green as investors appreciated no bad bank news and looked to a likely u...

2023-04-05 17:24:27 ET Nuveen Quality Municipal Income Fund ( NYSE: NAD ) declares $0.038/share monthly dividend , -3.8% decrease from prior dividend of $0.0395. Forward yield 3.96% Payable May 1; for shareholders of record April 14; ex-div April 13. See ...

2023-04-05 11:29:14 ET Summary Tax-exempt municipal bonds have had a tough ride since 2022; however, the sector enjoys a number of current and upcoming tailwinds. These tailwinds include a stabilization and likely increase in net income once the Fed starts to reverse the policy ra...

2023-03-20 17:47:39 ET Summary NAD is a leveraged municipal bond fund emphasizing higher credit quality. PAI is a non-leveraged fund focused on investment-grade corporate bonds. Both funds are trading at significant discounts to their net asset values, presenting a potential o...

Summary We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs notched another good week with EM sectors underperforming. We discuss how unleveraged CEFs are able to maintain a more stable level of income in this en...

Nuveen Quality Municipal Income Fund ( NYSE: NAD ) declares $0.0395/share monthly dividend , in line with previous. Forward yield 3.98% Payable March 1; for shareholders of record Feb. 15; ex-div Feb. 14. See NAD Dividend Scorecard, Yield Chart, & Dividend Growth...

Summary What a difference a year makes - a year ago Muni bond yields were barely above 1% while Muni CEF discounts were close to zero. This time around both bond yields and CEF discounts are at very attractive levels. At the same time, the sector faces two challenges which we discus...

Summary We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row. We look at the key lessons of 2022 that can guide investors in their ...

Nuveen Quality Municipal Income Fund ( NYSE: NAD ) declares $0.0395/share monthly dividend , -15.1% decrease from prior dividend of $0.0465. Forward yield 4.03% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See NAD Dividend Scorecard, Yield ...

Summary We recently touched on RFM, and today, we are looking at RMM, its slightly older sister fund. RMM and RFM share many similarities, which means they face the same negatives in the future. However, RMM has historically provided more tax-friendly tax characteristics to its dist...