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Nuveen Georgia Quality Municipal Income Fund NYSE:NKG Stock Report

Last Price

US$10.10

Market Cap

US$105.0m

7D

-0.4%

1Y

-10.5%

Updated

18 Apr, 2023

Data

Company Financials

Nuveen Georgia Quality Municipal Income Fund

NYSE:NKG Stock Report

Market Cap: US$105.0m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NKG Stock Overview

Nuveen Georgia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.

NKG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

Nuveen Georgia Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Georgia Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$10.10
52 Week HighUS$11.59
52 Week LowUS$9.40
Beta0.34
1 Month Change1.10%
3 Month Change-3.26%
1 Year Change-10.46%
3 Year Change-14.04%
5 Year Change-10.93%
Change since IPO-32.71%

Recent News & Updates

Recent updates

Nuveen Georgia Quality Municipal Income Fund declares $0.027 dividend

Feb 07

Nuveen Georgia Quality Municipal Income Fund declares $0.027 dividend

Jan 11

Nuveen Georgia Quality Municipal Income Fund declares $0.033 dividend

Dec 06

Nuveen Georgia Quality Municipal Income Fund reduces dividend by 14.3%

Oct 06

Nuveen Georgia Quality Municipal Income Fund dips -9.4% to $0.0385/share

Jul 06

Nuveen Georgia Dividend Advantage Municipal Funds 2 declares $0.045 dividend

May 07

Nuveen Georgia Dividend Advantage Municipal Funds 2 declares $0.045 dividend

Jan 05

Nuveen Georgia Dividend Advantage Municipal Funds 2 declares $0.045 dividend

Dec 02

Shareholder Returns

NKGUS Capital MarketsUS Market
7D-0.4%0.8%1.1%
1Y-10.5%32.2%31.2%

Return vs Industry: NKG underperformed the US Capital Markets industry which returned -8.7% over the past year.

Return vs Market: NKG underperformed the US Market which returned -7.6% over the past year.

Price Volatility

Is NKG's price volatile compared to industry and market?
NKG volatility
NKG Average Weekly Movement1.5%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.1%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: NKG has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
2001n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NKG&refsrc=vu_nuveen.com/nkg

Nuveen Georgia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the Georgia. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Georgia income taxes.

Nuveen Georgia Quality Municipal Income Fund Fundamentals Summary

How do Nuveen Georgia Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NKG fundamental statistics
Market capUS$105.04m
Earnings (TTM)-US$22.16m
Revenue (TTM)US$7.44m

14.1x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NKG income statement (TTM)
RevenueUS$7.44m
Cost of RevenueUS$0
Gross ProfitUS$7.44m
Other ExpensesUS$29.61m
Earnings-US$22.16m

Last Reported Earnings

Nov 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.13
Gross Margin100.00%
Net Profit Margin-297.71%
Debt/Equity Ratio63.5%

How did NKG perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

-23%

Payout Ratio
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