Gross Margin: 81.04%
Is the gross margin high or low?
The gross margin of 81.04% is in line with its 5-year average of 81.01%, around the middle of its 5-year range (6.15%–118.87%).
As of Saturday, June 27, 2026. 9.23% below its 12-month average of 89.28%.
NAD Gross Margin
Reported quarterly gross margin; no daily interpolation.
NAD Average Gross Margin Chart
NAD Current vs Average Gross Margin Chart
NAD Gross Margin Metrics
GROSS MARGIN
81.04%
GROSS MARGIN AVG TTM
89.28%
GROSS MARGIN AVG 3Y
77.55%
GROSS MARGIN AVG 5Y
81.01%
GROSS MARGIN AVG 10Y
92.43%
GROSS MARGIN AVG 15Y
96.58%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-9.23%
CURRENT VS 3Y AVG
+4.49%
CURRENT VS 5Y AVG
+0.03%
CURRENT VS 10Y AVG
-12.33%
CURRENT VS 15Y AVG
-16.09%
CURRENT VS 20Y AVG
N/A
NAD Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.81B | 81.04% | 89.28% | 77.55% | 81.01% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.08B | -21.00% | 0.40% | 20.36% | 39.09% |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 100.00% | 91.48% | 86.62% | 80.78% |
| Washington Trust Bancorp, Inc. (WASH)vs › | $703.33M | 55.47% | 42.63% | 55.72% | 66.29% |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.36M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | 74.93% | 74.93% | 74.92% | 76.18% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 83.53% | 87.03% | 83.31% | 84.77% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 84.12% | 83.56% | 104.03% | 81.56% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 71.36% | 67.59% | 75.75% | 78.81% |
| Franklin Universal Trust (FT)vs › | $202.31M | 86.88% | 93.67% | 108.72% | 144.02% |
Gross Margin Analysis
Gross Margin
81.0%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The gross margin for NAD stock is 81.04%.
- Is Nuveen Quality Municipal Income Fund's gross margin high or low?
- The gross margin of 81.04% is in line with its 5-year average of 81.01%, around the middle of its 5-year range (6.15%–118.87%).
- What is the TTM average gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average gross margin for NAD stock is 89.28%.
- What is the 3Y average gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average gross margin for NAD stock is 77.55%.
- What is the 5Y average gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average gross margin for NAD stock is 81.01%.
- What is the 10Y average gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average gross margin for NAD stock is 92.43%.
- What is the 15Y average gross margin for Nuveen Quality Municipal Income Fund (NAD)?
- The 15Y average gross margin for NAD stock is 96.58%.
NAD Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-10-31 | 81.04% |
| 2025-04-30 | 100.00% |
| 2024-10-31 | 86.81% |
| 2024-04-30 | 118.87% |
| 2023-10-31 | 50.00% |
| 2023-04-30 | 100.00% |
| 2022-10-31 | 6.15% |
| 2022-04-30 | 77.54% |
| 2021-10-31 | 84.73% |
| 2021-04-30 | 85.99% |
| 2020-10-31 | 100.00% |
| 2020-04-30 | 100.00% |
| 2019-10-31 | 86.40% |
| 2019-04-30 | 27.51% |
| 2018-10-31 | 30.41% |
| 2018-04-30 | 34.69% |
| 2017-10-31 | 100.00% |
| 2017-04-30 | 100.00% |
| 2016-10-31 | 100.00% |
| 2016-04-30 | 100.00% |
| 2015-10-31 | 100.00% |
| 2015-04-30 | 100.00% |
| 2014-10-31 | 100.00% |
| 2014-04-30 | 100.00% |
| 2013-10-31 | 100.00% |
| 2013-04-30 | 100.00% |
| 2012-10-31 | 100.00% |
| 2012-04-30 | 100.00% |
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.