NEA Stock Overview
Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
Nuveen AMT-Free Quality Municipal Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.64 |
| 52 Week High | US$11.23 |
| 52 Week Low | US$9.20 |
| Beta | 0.49 |
| 1 Month Change | -3.27% |
| 3 Month Change | -1.02% |
| 1 Year Change | -3.80% |
| 3 Year Change | -29.35% |
| 5 Year Change | -20.66% |
| Change since IPO | -29.07% |
Recent News & Updates
NEA: Smart Buy For Continued Bounce-Back Muni Market In 2024
Apr 24NEA: Looking At The Positives, And A Future Concern
Jan 16NEA Offering Deepest Discount Among Nuveen Municipal CEFs
Oct 14Recent updates
NEA: Smart Buy For Continued Bounce-Back Muni Market In 2024
Apr 24NEA: Looking At The Positives, And A Future Concern
Jan 16NEA Offering Deepest Discount Among Nuveen Municipal CEFs
Oct 14NEA: The Leverage Hurdle Was Too High To Climb
Jun 14Nuveen AMT-Free Quality Municipal Income Fund declares $0.035 dividend
Feb 07Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Dec 06Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Nov 04Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Oct 06Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Sep 02Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Aug 08NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So
Jul 29Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Jul 06NEA: An Opportunity To Buy What Everyone Is Selling
Mar 25NEA: A Neutral Rating Still Makes Sense Here
Nov 05NEA: Looking A Bit Pricey, But So Is Everything Else
Jul 05Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
May 10Nuveen AMT-Free Quality Municipal Income Fund goes ex-dividend tomorrow
Feb 03Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Jan 05NEA: Outperformer With A 4.7% Yield Is A Benchmark For Muni Bond Investors
Dec 09Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Dec 02Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Nov 03Shareholder Returns
| NEA | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.8% | 3.0% | 1.2% |
| 1Y | -3.8% | 31.9% | 24.7% |
Return vs Industry: NEA underperformed the US Capital Markets industry which returned 31.9% over the past year.
Return vs Market: NEA underperformed the US Market which returned 24.7% over the past year.
Price Volatility
| NEA volatility | |
|---|---|
| NEA Average Weekly Movement | 1.2% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NEA has not had significant price volatility in the past 3 months.
Volatility Over Time: NEA's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | n/a | 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
| NEA fundamental statistics | |
|---|---|
| Market cap | US$3.20b |
| Earnings (TTM) | US$34.57m |
| Revenue (TTM) | US$268.08m |
92.0x
P/E Ratio11.9x
P/S RatioIs NEA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEA income statement (TTM) | |
|---|---|
| Revenue | US$268.08m |
| Cost of Revenue | US$0 |
| Gross Profit | US$268.08m |
| Other Expenses | US$233.50m |
| Earnings | US$34.57m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 100.00% |
| Net Profit Margin | 12.90% |
| Debt/Equity Ratio | 73.3% |
How did NEA perform over the long term?
See historical performance and comparison