Nuveen Quality Municipal Income Fund (NAD) Financials: History & Chart

Nuveen Quality Municipal Income Fund (NAD)NADNuveen Quality Municipal Income Fund

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).

Chicago, IL

www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NQU&refsrc=vu_nuveen.com/nqu

Financial Services / Asset Management - Income

Sector: Financial Services
Industry: Asset Management - Income
CEO: Thomas C. Spalding Jr.

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Apr 2026	Quarter ended Oct 2025	Quarter ended Apr 2025	Quarter ended Oct 2024	Quarter ended Apr 2024	Quarter ended Oct 2023	Quarter ended Apr 2023	Quarter ended Oct 2022
Revenue	425.93M	109.61M	148.14M	57.43M	110.75M	94.16M	111.83M	111.49M	15.97M
Cost of Goods Sold	56.54M	13.84M	13.78M	14.31M	14.61M	28.57M	14.14M	14.25M	14.99M
Gross Profit	369.39M	95.77M	120.05M	57.43M	96.14M	111.93M	55.91M	111.49M	983K
Gross Profit Margin	86.7%	87.4%	81.0%	100.0%	86.8%	118.9%	50.0%	100.0%	6.2%
Total Operating Expenses	-112.34M	28.13M	-99.06M	8.38M	-49.79M	17.01M	8.34M	276.86M	219.49M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	-4.49M	0.00	-2.30M	8.38M	-10.58M	17.01M	16.68M	16.74M	9.07M
Operating Income (EBIT)	356.92M	67.64M	94.29M	49.05M	145.94M	411.06M	95.15M	94.76M	-326.28M
Operating Margin	83.8%	61.7%	63.7%	85.4%	131.8%	436.6%	85.1%	85.0%	-2043.2%
Income Before Tax (EBT)	198.52M	32.97M	108.19M	-42.84M	100.18M	367.44M	-309.26M	352.46M	-350.44M
Interest Income	345.09M	114.18M	114.50M	N/A	116.41M	111.93M	42.51M	35.89M	10.69M
Interest Expense	136.56M	34.66M	36.50M	19.65M	45.75M	43.61M	N/A	N/A	24.16M
Other Income/Expense	-158.40M	-34.66M	13.90M	-91.89M	-45.75M	-43.61M	-44.74M	257.71M	-24.16M
Net Income	241.35M	32.97M	151.03M	-42.84M	100.18M	367.44M	-309.26M	352.46M	-350.44M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	56.7%	30.1%	102.0%	-74.6%	90.5%	390.3%	-276.5%	316.1%	-2194.5%
EBITDA	357.00M	67.64M	94.29M	49.14M	145.94M	411.27M	95.32M	94.76M	-326.28M
EBITDA Margin	83.8%	61.7%	63.7%	85.6%	131.8%	436.8%	85.2%	85.0%	-2043.2%
Depreciation & Amortization	85K	0.00	0.00	85K	0.00	216K	174K	0.00	0.00
EPS Basic	1.04	0.14	0.65	-0.18	0.43	1.57	-1.34	1.53	-1.50
EPS Diluted	1.04	0.14	0.65	-0.18	0.43	1.57	-1.32	1.51	-1.50
Shares Outstanding	233.69M	233.69M	233.40M	233.40M	233.40M	233.40M	230.40M	230.40M	233.40M
Diluted Shares Outstanding	233.69M	233.69M	233.40M	233.40M	233.40M	233.40M	233.40M	233.40M	233.40M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	10/31/2025	10/31/2024	10/31/2023	10/31/2022	10/31/2021	10/31/2020	10/31/2019	10/31/2018
Revenue	205.57M	204.91M	164.31M	87.77M	220.40M	196.07M	437.44M	-52.15M
Cost of Goods Sold	28.09M	84.94M	78.41M	29.78M	32.28M	29.66M	28.65M	28.19M
Gross Profit	177.48M	474.17M	49.05M	215.49M	188.12M	166.41M	408.80M	-80.34M
Gross Profit Margin	86.3%	231.4%	29.9%	245.5%	85.4%	84.9%	93.5%	154.1%
Total Operating Expenses	34.14M	6.54M	5.85M	7.53M	7.50M	35.33M	7.31M	7.79M
Research & Development	N/A	N/A	N/A	-9.50	N/A	N/A	N/A	-0.29
Selling, General & Administrative	6.08M	6.43M	33.42M	37.52M	38.30M	6.75M	7.20M	7.66M
Operating Income (EBIT)	143.34M	557.00M	126.05M	-798.66M	250.94M	133.95M	430.13M	-17.79M
Operating Margin	69.7%	271.8%	76.7%	-910.0%	113.9%	68.3%	98.3%	34.1%
Income Before Tax (EBT)	65.36M	467.63M	43.20M	-833.98M	231.34M	102.86M	430.13M	-59.94M
Interest Income	229.28M	228.31M	223.30M	215.49M	214.42M	N/A	N/A	N/A
Interest Expense	73.57M	84.94M	78.41M	35.32M	19.24M	25.51M	40.83M	35.96M
Other Income/Expense	-77.99M	-89.37M	-82.85M	-35.32M	-19.60M	-31.10M	0.00	0.00
Net Income	65.36M	467.63M	43.20M	-833.98M	231.34M	102.86M	430.13M	-59.94M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-161K
Net Profit Margin	31.8%	228.2%	26.3%	-950.2%	105.0%	52.5%	98.3%	114.9%
EBITDA	143.34M	557.00M	126.05M	-798.66M	250.94M	133.95M	430.13M	-17.79M
EBITDA Margin	69.7%	271.8%	76.7%	-910.0%	113.9%	68.3%	98.3%	34.1%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	0.28	2.00	0.19	-3.57	1.07	0.49	2.13	-0.30
EPS Diluted	0.28	2.00	0.19	-3.57	1.07	0.49	2.13	-0.30
Shares Outstanding	233.40M	233.40M	227.39M	233.40M	216.20M	211.65M	201.86M	199.80M
Diluted Shares Outstanding	233.40M	233.40M	233.40M	233.40M	216.20M	211.65M	201.86M	199.80M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.