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Nuveen Quality Municipal Income Fund (NAD)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US67066V1017
CUSIP
67066V101

Highlights

Market Cap
$2.68B
Enterprise Value
$4.71B
EPS (TTM)
$2.47
PE Ratio
4.66
PEG Ratio
0.02
Total Revenue (TTM)
$410.48M
Gross Profit (TTM)
$385.55M
EBITDA (TTM)
$744.52M
Year Range
$10.40 - $12.31
ROA (TTM)
11.73%
ROE (TTM)
20.16%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Nuveen Quality Municipal Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Nuveen Quality Municipal Income Fund (NAD) has returned -2.64% so far this year and 7.58% over the past 12 months. Over the last ten years, NAD has returned 2.89% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Nuveen Quality Municipal Income Fund

1D
2.31%
1M
-5.72%
YTD
-2.64%
6M
1.90%
1Y
7.58%
3Y*
6.52%
5Y*
0.20%
10Y*
2.89%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 26, 1999, NAD's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jan 2009 with a return of +14.6%, while the worst month was Sep 2008 at -14.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.

On a daily basis, NAD closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +17.7%, while the worst single day was Mar 18, 2020 at -14.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.25%1.99%-5.72%-2.64%
20251.43%2.44%-3.05%-1.32%0.23%1.12%-0.58%2.29%3.80%3.18%1.01%0.42%11.29%
2024-1.01%0.30%2.06%-4.17%3.32%5.12%1.32%2.41%3.54%-2.55%3.15%-4.53%8.74%
20232.04%-5.85%2.76%-0.19%-2.64%1.61%0.25%-3.13%-6.38%-2.89%11.99%5.07%1.26%
2022-8.46%-1.22%-7.14%-3.75%2.84%-4.35%6.54%-6.65%-10.17%-2.96%12.04%-0.11%-22.85%
2021-0.19%-1.45%1.34%1.58%2.75%2.49%2.25%0.12%-3.64%0.45%0.44%3.39%9.70%

Benchmark Metrics

Nuveen Quality Municipal Income Fund has an annualized alpha of 4.29%, beta of 0.17, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since May 27, 1999.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.03%) than losses (12.51%) — typical of diversified or defensive assets.
  • Beta of 0.17 may look defensive, but with R² of 0.07 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.07 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.29%
Beta
0.17
0.07
Upside Capture
24.03%
Downside Capture
12.51%

Return for Risk

Risk / Return Rank

NAD ranks 62 for risk / return — better than 62% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NAD Risk / Return Rank: 6262
Overall Rank
NAD Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
NAD Sortino Ratio Rank: 5353
Sortino Ratio Rank
NAD Omega Ratio Rank: 5757
Omega Ratio Rank
NAD Calmar Ratio Rank: 6464
Calmar Ratio Rank
NAD Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Nuveen Quality Municipal Income Fund (NAD) and compare them to a chosen benchmark (S&P 500 Index).


NADBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.67

0.90

-0.22

Sortino ratio

Return per unit of downside risk

0.96

1.39

-0.42

Omega ratio

Gain probability vs. loss probability

1.15

1.21

-0.07

Calmar ratio

Return relative to maximum drawdown

1.05

1.40

-0.34

Martin ratio

Return relative to average drawdown

4.47

6.61

-2.13

Explore NAD risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Nuveen Quality Municipal Income Fund provided a 7.57% dividend yield over the last twelve months, with an annual payout of $0.87 per share. The company has been increasing its dividends for 2 consecutive years.


4.00%4.50%5.00%5.50%6.00%6.50%7.00%7.50%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.87$0.89$0.77$0.47$0.66$0.71$0.68$0.64$0.67$0.76$0.84$0.87

Dividend yield

7.57%7.37%6.63%4.13%5.58%4.43%4.41%4.40%5.37%5.42%6.05%5.96%

Monthly Dividends

The table displays the monthly dividend distributions for Nuveen Quality Municipal Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.07$0.07$0.07$0.21
2025$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.89
2024$0.04$0.04$0.05$0.05$0.05$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.77
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2022$0.06$0.06$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.66
2021$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.71

Dividend Yield & Payout


Dividend Yield

Nuveen Quality Municipal Income Fund has a dividend yield of 7.57%, which means its dividend payment is significantly above the market average.

Payout Ratio

Nuveen Quality Municipal Income Fund has a payout ratio of 54.65%, which is quite average when compared to the overall market. This suggests that Nuveen Quality Municipal Income Fund strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Nuveen Quality Municipal Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Nuveen Quality Municipal Income Fund was 44.65%, occurring on Oct 10, 2008. Recovery took 228 trading sessions.

The current Nuveen Quality Municipal Income Fund drawdown is 8.44%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.65%Jan 23, 2007435Oct 10, 2008228Sep 8, 2009663
-35.58%Sep 16, 2021531Oct 25, 2023
-25.41%Mar 9, 20208Mar 18, 2020169Nov 16, 2020177
-22.74%Jul 1, 1999182Mar 20, 2000208Jan 16, 2001390
-21.48%Dec 3, 2012178Aug 16, 2013328Dec 4, 2014506

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Nuveen Quality Municipal Income Fund over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Nuveen Quality Municipal Income Fund is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for NAD, comparing it with other companies in the Asset Management industry. Currently, NAD has a P/E ratio of 4.7. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for NAD compared to other companies in the Asset Management industry. NAD currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for NAD relative to other companies in the Asset Management industry. Currently, NAD has a P/S ratio of 6.5. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for NAD in comparison with other companies in the Asset Management industry. Currently, NAD has a P/B value of 0.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items