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NMS

Nuveen Minnesota Quality Municipal Income Fund NYSE:NMS Stock Report

Last Price

US$12.10

Market Cap

US$70.0m

7D

1.6%

1Y

-17.8%

Updated

31 Mar, 2023

Data

Company Financials

Nuveen Minnesota Quality Municipal Income Fund

NYSE:NMS Stock Report

Mkt Cap: US$70.0m

NMS Stock Overview

About the company

Nuveen Minnesota 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 United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes. It seeks to invest in securities that are rated at least Baa/BBB or better by S&P, Moody's, or Fitch. The fund was formerly known as Nuveen Minnesota Municipal Income Fund. Nuveen Minnesota Quality Municipal Income Fund was formed on June 25, 1993 and is domiciled in the United States.

Snowflake Analysis

NMS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Nuveen Minnesota Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Minnesota Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$12.10
52 Week HighUS$15.93
52 Week LowUS$10.33
Beta0
1 Month Change4.13%
3 Month Change7.56%
1 Year Change-17.80%
3 Year Change-2.42%
5 Year Change-14.18%
Change since IPO-19.33%

Recent News & Updates

Nuveen Minnesota Quality Municipal Income Fund declares $0.036 dividend

Feb 07

Nuveen Minnesota Quality Municipal Income Fund dividend declines by 17.2% to $0.036

Jan 11

Nuveen Minnesota Quality Municipal Income Fund declares $0.0435 dividend

Dec 06

Nuveen Minnesota Quality Municipal Income Fund reduces dividend by 9.4%

Oct 06

Nuveen Minnesota Quality Municipal Income Fund dips -8.6% to $0.048/share

Jul 06

Recent updates

Nuveen Minnesota Quality Municipal Income Fund declares $0.036 dividend

Feb 07

Nuveen Minnesota Quality Municipal Income Fund dividend declines by 17.2% to $0.036

Jan 11

Nuveen Minnesota Quality Municipal Income Fund declares $0.0435 dividend

Dec 06

Nuveen Minnesota Quality Municipal Income Fund reduces dividend by 9.4%

Oct 06

Nuveen Minnesota Quality Municipal Income Fund dips -8.6% to $0.048/share

Jul 06

Nuveen Minnesota Quality Municipal Income Fund $ declares $0.0525 dividend

May 07

Nuveen Minnesota Quality Municipal Income Fund $ declares $0.0525 dividend

Feb 04

Nuveen Minnesota Quality Municipal Income Fund declares $0.0525 dividend

Jan 05

Nuveen Minnesota Quality Municipal Income Fund $ declares $0.0525 dividend

Dec 02

Nuveen Minnesota Quality Municipal Income Fund $ declares $0.0525 dividend

Nov 03

Shareholder Returns

NMSUS Capital MarketsUS Market
7D1.6%3.6%3.7%
1Y-17.8%-15.1%-12.1%

Return vs Industry: NMS underperformed the US Capital Markets industry which returned -16.2% over the past year.

Return vs Market: NMS underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is NMS's price volatile compared to industry and market?
NMS volatility
NMS Average Weekly Movement1.7%
Capital Markets Industry Average Movement0.6%
Market Average Movement6.4%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: NMS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NMS's weekly volatility (2%) has been stable over the past year.

Nuveen Minnesota Quality Municipal Income Fund Fundamentals Summary

How do Nuveen Minnesota Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NMS fundamental statistics
Market CapUS$69.97m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMS income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NMS perform over the long term?

See historical performance and comparison