Tax Rate: 0.00%
Is the tax rate high or low?
The tax rate of 0.00% is 100% below its 5-year average of 3.00%, near the low end of its 5-year range (0.00%–21.02%).
NAD Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
NAD Average Tax Rate Chart
NAD Current vs Average Tax Rate Chart
NAD Tax Rate Metrics
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
0.00%
TAX RATE AVG 5Y
3.00%
TAX RATE AVG 10Y
6.10%
TAX RATE AVG 15Y
0.00%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The tax rate for NAD stock is 0.00%.
- Is Nuveen Quality Municipal Income Fund's tax rate high or low?
- The tax rate of 0.00% is 100% below its 5-year average of 3.00%, near the low end of its 5-year range (0.00%–21.02%).
- What is the TTM average tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average tax rate for NAD stock is 0.00%.
- What is the 3Y average tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average tax rate for NAD stock is 0.00%.
- What is the 5Y average tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average tax rate for NAD stock is 3.00%.
- What is the 10Y average tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average tax rate for NAD stock is 6.10%.
- What is the 15Y average tax rate for Nuveen Quality Municipal Income Fund (NAD)?
- The 15Y average tax rate for NAD stock is 0.00%.
NAD Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-10-31 | 0.00% |
| 2024-10-31 | 0.00% |
| 2024-04-30 | 0.00% |
| 2023-04-30 | 0.00% |
| 2021-10-31 | 0.00% |
| 2021-04-30 | 21.02% |
| 2020-10-31 | 0.00% |
| 2019-10-31 | 100.00% |
| 2019-04-30 | 64.38% |
| 2017-10-31 | 39.93% |
| 2016-04-30 | 0.00% |
| 2015-10-31 | 0.00% |
| 2015-04-30 | 0.00% |
| 2014-10-31 | 0.00% |
| 2014-04-30 | 0.00% |
| 2013-04-30 | 0.00% |
| 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.