Debt to Equity Ratio: 0.71
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.71 is 30% above its 5-year average of 0.55, near the high end of its 5-year range (0.00–0.74).
As of Saturday, June 27, 2026. 0.53% above its 12-month average of 0.71.
NAD Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
NAD Average Debt to Equity Ratio Chart
NAD Current vs Average Debt to Equity Ratio Chart
NAD Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.71
DEBT TO EQUITY RATIO AVG TTM
0.71
DEBT TO EQUITY RATIO AVG 3Y
0.60
DEBT TO EQUITY RATIO AVG 5Y
0.55
DEBT TO EQUITY RATIO AVG 10Y
0.41
DEBT TO EQUITY RATIO AVG 15Y
0.40
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.53%
CURRENT VS 3Y AVG
+18.08%
CURRENT VS 5Y AVG
+29.61%
CURRENT VS 10Y AVG
+71.53%
CURRENT VS 15Y AVG
+77.35%
CURRENT VS 20Y AVG
N/A
NAD Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.81B | 0.71 | 0.71 | 0.60 | 0.55 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.10B | 0.13 | 0.13 | 0.15 | 0.17 |
| Main Street Capital Corporation (MAIN)vs › | $4.75B | 0.82 | 0.79 | 0.81 | 0.84 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.28M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | 1.02 | 1.02 | 0.69 | 0.58 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $314.35M | 0.20 | 0.20 | 0.27 | 0.33 |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.62 | 0.58 | 0.55 | 0.57 |
| Franklin Universal Trust (FT)vs › | $201.81M | 0.28 | 0.29 | 0.31 | 0.31 |
| The New Germany Fund, Inc. (GF)vs › | $186.33M | 0.13 | 0.09 | 0.04 | 0.03 |
| DeFi Technologies Inc. (DEFT)vs › | $164.54M | 0.04 | 0.32 | 1.41 | 0.94 |
Financial Health
Debt/Equity
0.71
Current Ratio
0.30
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The debt to equity ratio for NAD stock is 0.71.
- Is Nuveen Quality Municipal Income Fund's debt to equity ratio high or low?
- The debt to equity ratio of 0.71 is 30% above its 5-year average of 0.55, near the high end of its 5-year range (0.00–0.74).
- What is the TTM average debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average debt to equity ratio for NAD stock is 0.71.
- What is the 3Y average debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average debt to equity ratio for NAD stock is 0.60.
- What is the 5Y average debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average debt to equity ratio for NAD stock is 0.55.
- What is the 10Y average debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average debt to equity ratio for NAD stock is 0.41.
- What is the 15Y average debt to equity ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 15Y average debt to equity ratio for NAD stock is 0.40.
NAD Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-10-31 | 0.71 |
| 2025-04-30 | 0.72 |
| 2024-10-31 | 0.69 |
| 2024-04-30 | 0.68 |
| 2023-10-31 | 0.74 |
| 2023-04-30 | 0.65 |
| 2022-10-31 | 0.02 |
| 2022-04-30 | 0.67 |
| 2021-10-31 | 0.00 |
| 2021-04-30 | 0.56 |
| 2020-10-31 | 0.58 |
| 2020-04-30 | 0.00 |
| 2019-10-31 | 0.00 |
| 2019-04-30 | 0.03 |
| 2018-10-31 | 0.03 |
| 2018-04-30 | 0.00 |
| 2017-10-31 | 0.55 |
| 2017-04-30 | 0.57 |
| 2016-10-31 | 0.56 |
| 2016-04-30 | 0.45 |
| 2015-10-31 | 0.48 |
| 2015-04-30 | 0.49 |
| 2014-10-31 | 0.49 |
| 2014-04-30 | 0.52 |
| 2013-10-31 | 0.54 |
| 2013-04-30 | 0.48 |
| 2012-10-31 | 0.00 |
| 2012-04-30 | 0.00 |
Related Metrics
About Nuveen Quality Municipal Income Fund
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Thomas C. Spalding Jr.