NAD News and Press, Nuveen Quality Municipal Income Fund From 06/04/21

Nuveen Quality Municipal Income Fund (NYSE:NAD) traded at a new 52-week high today of $15.86. This new high was reached on below average trading volume as 165,000 shares traded hands, while the average 30-day volume is approximately 394,000 shares. Nuveen Quality Municipal Income Fund is...

Risk-adjusted performance for the Global Market Index (GMI) continued to tick higher in May. GMI’s Sharpe ratio — a measure of risk-adjusted return – rose to 0.82 on a trailing 10-year basis through last month. That’s close to a pandemic high, but still...

Shares of Nuveen Quality Municipal Income Fund (NYSE:NAD) traded today at $15.81, eclipsing its 52-week high. So far today approximately 102,000 shares have been exchanged, as compared to an average 30-day volume of 397,000 shares. Nuveen Quality Municipal Income Fund (NYSE:NAD) is curre...

Nuveen Quality Municipal Income Fund (NYSE:NAD) traded today at a new 52-week high of $15.77. So far today approximately 111,000 shares have been exchanged, as compared to an average 30-day volume of 389,000 shares. In the past 52 weeks, shares of Nuveen Quality Municipal Income Fund hav...

Nuveen Quality Municipal Income Fund (NYSE:NAD) traded at a new 52-week high today of $15.61. Approximately 77,000 shares have changed hands today, as compared to an average 30-day volume of 384,000 shares. Nuveen Quality Municipal Income Fund is a diversified, closed-end management inve...

Shares of Nuveen Quality Municipal Income Fund (NYSE:NAD) traded today at $15.60, eclipsing its 52-week high. This new high was reached on below average trading volume as 70,000 shares traded hands, while the average 30-day volume is approximately 385,000 shares. Nuveen Quality Municipal...

Average yields on 10-year AAA muni bonds rose less than half that of Treasuries year to date and hover just below 1%. Municipals remain attractive due to a combination of prevailing tailwinds and long-term fundamental strengths. Muni bonds cover a wide range of maturities and qual...

Munis posted another strong month amid falling rates and favorable market dynamics. Seasonal weakness typical of mid-April was averted due to the delayed tax-filing deadline. Although valuations appear rich, economic and political themes look positive for municipals. For fur...

Municipal bond investors are clearly worried about rising rates and rising inflation. The inflation component is also taxed at ordinary income tax rates, but here's the kicker there: you don't receive the benefit of it the year that it's realized. As yields are rising - and inflat...

Action at the state and local levels could help drive demand for municipal bonds. The 2017 Trump tax cuts dramatically impacted the buying behavior of individual and corporate taxpayers (banks and insurance companies) in very distinct ways. In our view, passage of President Biden'...