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NXJ

Nuveen New Jersey Quality Municipal Income Fund NYSE:NXJ Stock Report

Last Price

US$11.42

Market Cap

US$473.7m

7D

0.6%

1Y

-11.6%

Updated

06 Jun, 2023

Data

Company Financials

Nuveen New Jersey Quality Municipal Income Fund

NYSE:NXJ Stock Report

Mkt Cap: US$473.7m

NXJ Stock Overview

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

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

My Notes

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Nuveen New Jersey Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen New Jersey Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$11.42
52 Week HighUS$13.24
52 Week LowUS$10.52
Beta0.38
1 Month Change-1.30%
3 Month Change1.51%
1 Year Change-11.61%
3 Year Change-15.22%
5 Year Change-12.22%
Change since IPO-24.22%

Recent News & Updates

Nuveen New Jersey Quality Municipal Income Fund declares $0.0325 dividend

Feb 07

Nuveen New Jersey Quality Municipal Income Fund dividend declines by 21.7% o $0.0325

Jan 11

Nuveen New Jersey Quality Municipal Income Fund declares $0.0415 dividend

Dec 06

Nuveen New Jersey Quality Municipal Income Fund reduces dividend by 16.2%

Oct 06

Nuveen New Jersey Quality Municipal Income Fund declares $0.0495 dividend

Sep 02

Shareholder Returns

NXJUS Capital MarketsUS Market
7D0.6%2.5%2.5%
1Y-11.6%-3.4%1.3%

Return vs Industry: NXJ underperformed the US Capital Markets industry which returned -3.4% over the past year.

Return vs Market: NXJ underperformed the US Market which returned 1.3% over the past year.

Price Volatility

Is NXJ's price volatile compared to industry and market?
NXJ volatility
NXJ Average Weekly Movement1.0%
Capital Markets Industry Average Movement0.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: NXJ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1999n/an/ahttps://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

How do Nuveen New Jersey Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NXJ fundamental statistics
Market CapUS$473.74m
Earnings (TTM)-US$104.79m
Revenue (TTM)US$36.70m

12.9x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NXJ income statement (TTM)
RevenueUS$36.70m
Cost of RevenueUS$0
Gross ProfitUS$36.70m
Other ExpensesUS$141.49m
Earnings-US$104.79m

Last Reported Earnings

Aug 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.53
Gross Margin100.00%
Net Profit Margin-285.53%
Debt/Equity Ratio61.6%

How did NXJ perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

-26%

Payout Ratio