NXJ Stock Overview
Nuveen New Jersey 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 | 0/6 |
| Financial Health | 2/6 |
| Dividends | 1/6 |
Nuveen New Jersey Quality Municipal Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.67 |
| 52 Week High | US$12.24 |
| 52 Week Low | US$10.06 |
| Beta | 0.47 |
| 1 Month Change | -4.15% |
| 3 Month Change | -1.23% |
| 1 Year Change | 1.08% |
| 3 Year Change | -21.50% |
| 5 Year Change | -15.90% |
| Change since IPO | -22.59% |
Recent News & Updates
Recent updates
Nuveen New Jersey Quality Municipal Income Fund declares $0.0325 dividend
Feb 07Nuveen New Jersey Quality Municipal Income Fund dividend declines by 21.7% o $0.0325
Jan 11Nuveen New Jersey Quality Municipal Income Fund declares $0.0415 dividend
Dec 06Nuveen New Jersey Quality Municipal Income Fund reduces dividend by 16.2%
Oct 06Nuveen New Jersey Quality Municipal Income Fund declares $0.0495 dividend
Sep 02Nuveen New Jersey Quality Municipal Income Fund dips -7.5% to $0.0495/share
Jul 06Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend
May 07Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend
Feb 04Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend
Jan 05Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend
Dec 02New Jersey GO bond rating cut to BBB+ by S&P; outlook stable
Nov 06Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend
Nov 03Shareholder Returns
| NXJ | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.6% | 1.9% | 1.0% |
| 1Y | 1.1% | 28.1% | 21.9% |
Return vs Industry: NXJ underperformed the US Capital Markets industry which returned 31.6% over the past year.
Return vs Market: NXJ underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| NXJ volatility | |
|---|---|
| NXJ Average Weekly Movement | 1.1% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NXJ has not had significant price volatility in the past 3 months.
Volatility Over Time: NXJ's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | n/a | n/a | www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NXJ&refsrc=vu_nuveen.com/nxj |
Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.
Nuveen New Jersey Quality Municipal Income Fund Fundamentals Summary
| NXJ fundamental statistics | |
|---|---|
| Market cap | US$483.90m |
| Earnings (TTM) | -US$65.14m |
| Revenue (TTM) | US$36.12m |
13.4x
P/S Ratio-7.4x
P/E RatioIs NXJ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXJ income statement (TTM) | |
|---|---|
| Revenue | US$36.12m |
| Cost of Revenue | US$0 |
| Gross Profit | US$36.12m |
| Other Expenses | US$101.26m |
| Earnings | -US$65.14m |
Last Reported Earnings
Feb 28, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.57 |
| Gross Margin | 100.00% |
| Net Profit Margin | -180.36% |
| Debt/Equity Ratio | 62.4% |
How did NXJ perform over the long term?
See historical performance and comparison