The market capitalization for Nuveen Quality Municipal Income Fund (NAD) is $2.81 Billion, making it a Mid Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.
Market Capitalization
$2.81B
$2.81 Billion
Calculation
- Stock Price
- $12.04
- Shares Outstanding
- 233.41M
- Market Cap
- $2.81B
Market Cap = Price × Shares Outstanding
Size Classification
Mid Cap
$2B - $10B
Companies with market capitalization between $2 billion and $10 billion.
Market Cap Size Scale
Micro Cap
<$250M
Small Cap
$250M-$2B
Mid Cap
$2B-$10B
Large Cap
$10B-$1T
Mega Cap
>$1T
Related Valuation Metrics
Key Statistics
| Market Cap | $2.81 Billion |
| Stock Price | $12.04 |
| Shares Outstanding | 233.41M |
| Size Category | Mid Cap |
| P/E Ratio | 4.87 |
| P/B Ratio | 0.98 |
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.