NAD
Price:
$11.95
Market Cap:
$2.79B
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, funda...[Read more]
Industry
Asset Management - Income
IPO Date
1999-05-26
Stock Exchange
NYSE
Ticker
NAD
According to Nuveen Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.61 of the last 4 quarters.
The mean historical Current Ratio of Nuveen Quality Municipal Income Fund over the last ten years is 2.50. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NAD's Current Ratio was at its highest in in the October 2022 quarter at 6.92. The Current Ratio was at its lowest in in the April 2012 quarter at 0.
Average
2.50
Median
2.74
Minimum
0
Maximum
6.92
Discovering the peaks and valleys of Nuveen Quality Municipal Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 6.92
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0 | -100.00% |
| 2024 | 2.73 | -24.49% |
| 2023 | 3.61 | -47.84% |
| 2022 | 6.92 | 129.28% |
| 2021 | 3.02 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 3.51 | 65.87% |
| 2018 | 2.12 | -23.36% |
| 2017 | 2.76 | 627.36% |
| 2016 | 0.38 | -58.65% |
The current Current Ratio of Nuveen Quality Municipal Income Fund (NAD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.11
5-year avg
3.25
10-year avg
2.50
Nuveen Quality Municipal Income Fund’s Current Ratio is less than Nuveen AMT-Free Municipal Credit Income Fund (2.45), less than Nuveen Municipal Credit Income Fund (0), less than Nuveen Preferred & Income Opportunities Fund (2.66), less than Nuveen AMT-Free Quality Municipal Income Fund (0), less than Eaton Vance Tax-Managed Global Diversified Equity Income Fund (0), less than Abrdn Income Credit Strategies Fund (1.74), less than PIMCO Corporate & Income Opportunity Fund (0.07), less than Fidelity Limited Term Municipal Income Fund (0), less than Adams Diversified Equity Fund, Inc. (0), less than Nuveen Municipal Value Fund, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.45 | $2.70B | |
| 0 | $2.45B | |
| 2.66 | $2.79B | |
| 0 | $3.45B | |
| 0 | $2.93B | |
| 1.74 | $2.50B | |
| 0.07 | $2.49B | |
| 0 | $2.97B | |
| 0 | $3.01B | |
| 0 | $1.89B |
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