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

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	10/31/2025	04/30/2025	10/31/2024	04/30/2024	10/31/2023	04/30/2023	10/31/2022	04/30/2022
Revenue	410.477M	148.136M	57.433M	110.751M	94.156M	111.829M	111.492M	15.969M	71.800M
Cost of Goods Sold	71.268M	13.782M	14.308M	14.608M	28.570M	14.138M	14.253M	14.986M	16.125M
Gross Profit	385.550M	120.046M	57.433M	96.144M	111.927M	55.914M	111.492M	983K	55.675M
Gross Profit Margin	81.0%	81.0%	100.0%	86.8%	118.9%	50.0%	100.0%	6.2%	77.5%
Total Operating Expenses	-123.461M	-99.058M	8.381M	-49.794M	17.009M	8.341M	276.863M	219.490M	290.352M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	12.514M	-2.301M	8.381M	-10.576M	17.009M	16.682M	16.736M	9.071M	9.687M
Operating Income (EBIT)	700.338M	94.290M	49.052M	145.938M	411.058M	95.147M	94.756M	-326.280M	-472.380M
Operating Margin	63.7%	63.7%	85.4%	131.8%	436.6%	85.1%	85.0%	-2043.2%	-657.9%
Income Before Tax (EBT)	532.985M	108.193M	-42.837M	100.184M	367.444M	-309.257M	352.461M	-350.443M	-483.533M
Interest Income	114.500M	114.500M	—	—	—	42.514M	35.893M	10.686M	4.204M
Interest Expense	56.147M	36.499M	19.648M	—	—	—	—	24.163M	—
Other Income/Expense	-167.353M	13.903M	-91.889M	-45.754M	-43.613M	-44.741M	257.705M	-24.163M	230.613M
Net Income	575.822M	151.030M	-42.837M	100.184M	367.444M	-309.257M	352.461M	-350.443M	-483.533M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	102.0%	102.0%	-74.6%	90.5%	390.3%	-276.5%	316.1%	-2194.5%	-673.4%
EBITDA	700.638M	94.290M	49.137M	145.938M	411.273M	95.321M	94.756M	-326.280M	-472.380M
EBITDA Margin	63.7%	63.7%	85.6%	131.8%	436.8%	85.2%	85.0%	-2043.2%	-657.9%
Depreciation & Amortization	301K	0.00	85K	0.00	216K	174K	0.00	0.00	0.00
EPS Basic	2.47	0.65	-0.18	0.43	1.57	-1.34	1.53	-1.50	-2.07
EPS Diluted	2.47	0.65	-0.18	0.43	1.57	-1.32	1.51	-1.50	-2.07
Shares Outstanding	233.405M	233.405M	233.405M	233.405M	233.405M	230.398M	230.398M	233.405M	233.405M
Diluted Shares Outstanding	233.405M	233.405M	233.405M	233.405M	233.405M	233.405M	233.405M	233.405M	233.405M

Annual Income Statement (USD)

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	205.569M	204.907M	164.314M	87.769M	220.398M	196.068M	437.443M	-52.153M
Cost of Goods Sold	28.090M	84.938M	78.408M	29.781M	32.277M	29.662M	28.645M	28.189M
Gross Profit	177.479M	474.169M	49.053M	215.488M	188.122M	166.406M	408.797M	-80.342M
Gross Profit Margin	86.3%	231.4%	29.9%	245.5%	85.4%	84.9%	93.5%	154.1%
Total Operating Expenses	34.137M	6.540M	5.849M	7.528M	7.497M	35.331M	7.308M	7.788M
Research & Development	0.00	0.00	0.00	-9.50	0.00	0.00	0.00	-0.29
Selling, General & Administrative	6.081M	6.434M	33.418M	37.516M	38.304M	6.754M	7.196M	7.661M
Operating Income (EBIT)	143.342M	556.996M	126.050M	-798.660M	250.944M	133.953M	430.135M	-17.788M
Operating Margin	69.7%	271.8%	76.7%	-910.0%	113.9%	68.3%	98.3%	34.1%
Income Before Tax (EBT)	65.356M	467.629M	43.204M	-833.976M	231.339M	102.857M	430.135M	-59.941M
Interest Income	229.278M	228.313M	223.302M	—	—	—	—	—
Interest Expense	73.569M	84.938M	78.408M	29.781M	13.862M	25.510M	40.834M	35.965M
Other Income/Expense	-77.986M	-89.367M	-82.846M	-35.316M	-19.605M	-31.096M	0.00	0.00
Net Income	65.356M	467.629M	43.204M	-833.976M	231.339M	102.857M	430.135M	-59.941M
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	143.342M	556.996M	126.050M	-798.660M	250.944M	133.953M	430.135M	-17.788M
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	233.405M	233.405M	227.390M	233.405M	216.205M	211.649M	201.864M	199.802M
Diluted Shares Outstanding	233.405M	233.405M	233.405M	233.405M	216.205M	211.649M	201.864M	199.802M

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

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

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

About Nuveen Quality Municipal Income Fund

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