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Nuveen Massachusetts Quality Municipal Income Fund NYSE:NMT Stock Report

Last Price

US$10.78

Market Cap

US$100.5m

7D

1.7%

1Y

2.3%

Updated

09 Mar, 2024

Data

Company Financials

Nuveen Massachusetts Quality Municipal Income Fund

NYSE:NMT Stock Report

Market Cap: US$100.5m

NMT Stock Overview

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

NMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health1/6
Dividends2/6

Nuveen Massachusetts Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Massachusetts Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$10.78
52 Week HighUS$10.79
52 Week LowUS$9.05
Beta0.38
1 Month Change1.41%
3 Month Change4.26%
1 Year Change2.30%
3 Year Change-25.40%
5 Year Change-14.99%
Change since IPO-28.13%

Recent News & Updates

Nuveen Massachusetts Quality Municipal Income Fund declares $0.026 dividend

Feb 07

Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend

Dec 06

Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend

Nov 04

Nuveen Massachusetts Quality Municipal Income Fund reduces dividend by 14.1%

Oct 06

Recent updates

Nuveen Massachusetts Quality Municipal Income Fund declares $0.026 dividend

Feb 07

Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend

Dec 06

Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend

Nov 04

Nuveen Massachusetts Quality Municipal Income Fund reduces dividend by 14.1%

Oct 06

Nuveen Massachusetts Quality Municipal Income Fund declares $0.039 dividend

Sep 02

Nuveen Massachusetts Quality Municipal Income Fund dips -9.3% to $0.039/share

Jul 06

Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend

May 07

Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend

Feb 04

Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend

Jan 05

Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend

Dec 02

Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend

Nov 03

Shareholder Returns

NMTUS Capital MarketsUS Market
7D1.7%1.0%-0.3%
1Y2.3%31.0%31.0%

Return vs Industry: NMT underperformed the US Capital Markets industry which returned 30.6% over the past year.

Return vs Market: NMT underperformed the US Market which returned 31.8% over the past year.

Price Volatility

Is NMT's price volatile compared to industry and market?
NMT volatility
NMT Average Weekly Movement1.1%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.2%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.nuveen.com/CEF/Product/MTP.aspx?FundCode=NMT

Nuveen Massachusetts 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 Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.

Nuveen Massachusetts Quality Municipal Income Fund Fundamentals Summary

How do Nuveen Massachusetts Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NMT fundamental statistics
Market capUS$100.52m
Earnings (TTM)US$2.79m
Revenue (TTM)US$7.28m

36.1x

P/E Ratio

13.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NMT income statement (TTM)
RevenueUS$7.28m
Cost of RevenueUS$0
Gross ProfitUS$7.28m
Other ExpensesUS$4.49m
EarningsUS$2.79m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin100.00%
Net Profit Margin38.29%
Debt/Equity Ratio65.3%

How did NMT perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

109%

Payout Ratio

Does NMT pay a reliable dividends?

See NMT dividend history and benchmarks
When do you need to buy NMT by to receive an upcoming dividend?
Nuveen Massachusetts Quality Municipal Income Fund dividend dates
Ex Dividend DateMar 14 2024
Dividend Pay DateApr 01 2024
Days until Ex dividend4 days
Days until Dividend pay date22 days

Does NMT pay a reliable dividends?

See NMT dividend history and benchmarks
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