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NEA

Nuveen AMT-Free Quality Municipal Income Fund NYSE:NEA Stock Report

Last Price

US$10.54

Market Cap

US$3.2b

7D

-0.5%

1Y

-16.4%

Updated

30 May, 2023

Data

Company Financials

Nuveen AMT-Free Quality Municipal Income Fund

NYSE:NEA Stock Report

Mkt Cap: US$3.2b

NEA Stock Overview

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc.

NEA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Nuveen AMT-Free Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen AMT-Free Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$10.54
52 Week HighUS$12.91
52 Week LowUS$10.22
Beta0.41
1 Month Change-5.13%
3 Month Change-2.04%
1 Year Change-16.42%
3 Year Change-24.01%
5 Year Change-18.74%
Change since IPO-29.73%

Recent News & Updates

Recent updates

Nuveen AMT-Free Quality Municipal Income Fund declares $0.035 dividend

Feb 07

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend

Dec 06

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend

Nov 04

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend

Oct 06

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend

Sep 02

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend

Aug 08

NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So

Jul 29

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend

Jul 06

NEA: An Opportunity To Buy What Everyone Is Selling

Mar 25

NEA: A Neutral Rating Still Makes Sense Here

Nov 05

NEA: Looking A Bit Pricey, But So Is Everything Else

Jul 05

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend

May 10

Nuveen AMT-Free Quality Municipal Income Fund goes ex-dividend tomorrow

Feb 03

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend

Jan 05

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

Dec 09

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend

Dec 02

Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend

Nov 03

Shareholder Returns

NEAUS Capital MarketsUS Market
7D-0.5%-0.2%0.06%
1Y-16.4%-7.3%-0.7%

Return vs Industry: NEA underperformed the US Capital Markets industry which returned -7.3% over the past year.

Return vs Market: NEA underperformed the US Market which returned -0.7% over the past year.

Price Volatility

Is NEA's price volatile compared to industry and market?
NEA volatility
NEA Average Weekly Movement1.3%
Capital Markets Industry Average Movement0.8%
Market Average Movement6.5%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: NEA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: NEA's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NEA

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

Nuveen AMT-Free Quality Municipal Income Fund Fundamentals Summary

How do Nuveen AMT-Free Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NEA fundamental statistics
Market CapUS$3.15b
Earnings (TTM)-US$1.07b
Revenue (TTM)US$263.17m

12.0x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEA income statement (TTM)
RevenueUS$263.17m
Cost of RevenueUS$0
Gross ProfitUS$263.17m
Other ExpensesUS$1.33b
Earnings-US$1.07b

Last Reported Earnings

Oct 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.56
Gross Margin100.00%
Net Profit Margin-404.91%
Debt/Equity Ratio78.5%

How did NEA perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-18%

Payout Ratio