Total Return:15.77%(TTM)
Over the latest trailing 12-month period, total return cagr is +15.77%. The comparable SPY value is +21.28%. Year-to-date total return is +3.77%. Total return includes price appreciation and reinvested dividends.
Growth of $10,000 in NAD
$40,822
(4.1x return)
Invested on May 26, 1999
Growth of $10,000 in SPY (S&P 500)
$91,936
(9.2x return)
Invested on May 26, 1999
Hypothetical Growth of $10,000
This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.
Recent Performance Indicators
YTD Total Return
+3.8%
1-Year Total Return
+15.8%
Current Dividend Yield
7.03%
Price CAGR vs. Total Return CAGR
Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.
| Holding Period | Price CAGR | Total Return CAGR | Dividend Addition |
|---|---|---|---|
| 1 Year | +7.7% | +15.8% | +8.1% |
| 3 Years | +2.3% | +9.3% | +7.0% |
| 5 Years | (5.4%) | +0.4% | +5.7% |
| 10 Years | (2.5%) | +2.9% | +5.4% |
| 15 Years | (0.7%) | +5.1% | +5.8% |
| 20 Years | (0.8%) | +5.2% | +6.0% |
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.