Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

    Get Diamond plan for FREE

    logo

    Nuveen AMT-Free Quality Municipal Income Fund (NEA)

    Price:

    11.59 USD

    ( - -0.05 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    NEA
    Name
    Nuveen AMT-Free Quality Municipal Income Fund
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    11.590
    Market Cap
    3.465B
    Enterprise value
    5.950B
    Currency
    USD
    Ceo
    William C. Adams IV
    Full Time Employees
    Website
    Ipo Date
    2003-01-16
    City
    Chicago
    Address
    333 West Wacker Drive

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
    Descriptive alt text

    (REGISTER FOR EARLY ACCESS) CHOOSE A PROMPT ABOVE TO ASK OUR AI ABOUT THE SPECIFIC INFORMATION

    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    PIMCO Dynamic Income Fund

    VALUE SCORE:

    7

    Symbol
    PDI
    Market Cap
    7.394B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PH
    Market Cap
    2.405B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV
    Market Cap
    2.405B
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    363.540
    P/S
    12.748
    P/B
    1.000
    Debt/Equity
    0.709
    EV/FCF
    22.085
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    21.586
    Earnings yield
    0.003
    Debt/assets
    0.411
    FUNDAMENTALS
    Net debt/ebidta
    0
    Interest coverage
    5.491
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.000
    Capex to revenue
    0.000
    Capex to depreciation
    0.000
    Return on tangible assets
    0.002
    Debt to market cap
    0.709
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    -3.693
    P/CF
    13.043
    P/FCF
    13.043
    RoA %
    0.159
    RoIC %
    3.728
    Gross Profit Margin %
    100.000
    Quick Ratio
    3.065
    Current Ratio
    3.065
    Net Profit Margin %
    3.507
    Net-Net
    -7.919
    FUNDAMENTALS PER SHARE
    FCF per share
    0.889
    Revenue per share
    0.909
    Net income per share
    0.032
    Operating cash flow per share
    0.889
    Free cash flow per share
    0.889
    Cash per share
    0.181
    Book value per share
    11.588
    Tangible book value per share
    11.588
    Shareholders equity per share
    11.588
    Interest debt per share
    8.352
    TECHNICAL
    52 weeks high
    11.720
    52 weeks low
    10.000
    Current trading session High
    11.620
    Current trading session Low
    11.550
    DIVIDEND
    Dividend yield
    7.43%
    Payout ratio
    2.61e+3%
    Years of div. Increase
    2.000
    Years of div.
    23.000
    Q-shift
    Dividend per share
    0.861
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.09791411%
    Payout Ratio
    82.195085%
    P/E
    9.590
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07378882%
    Payout Ratio
    257.91917%
    P/E
    49.146
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07455761%
    Payout Ratio
    454.7302%
    P/E
    63.781
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07511811%
    Payout Ratio
    323.38797999999997%
    P/E
    61.020
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.06295596%
    Payout Ratio
    20.724292%
    P/E
    3.576
    DESCRIPTION

    Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/primech-ais-hytron-cleaning-robot-receives-nea-approval-under-20251120.jpg
    Primech AI's HYTRON Cleaning Robot Receives NEA Approval Under Environmental Services Productivity Solutions Grant

    accessnewswire.com

    2025-11-20 08:30:00

    Government Endorsement Accelerates Market Adoption of Autonomous Cleaning Technology SINGAPORE, SG / ACCESS Newswire / November 20, 2025 / Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (Nasdaq:PMEC), today announced that its HYTRON autonomous bathroom cleaning robot has been approved as "supportable equipment" under Singapore's Environmental Services (ES) Productivity Solutions Grant (PSG) by the National Environment Agency (NEA).

    https://images.financialmodelingprep.com/news/nea-a-ratecut-cycle-income-diversifier-20250920.jpg
    NEA: A Rate-Cut Cycle Income Diversifier

    seekingalpha.com

    2025-09-20 01:12:16

    Nuveen AMT-Free Quality Muni is rated BUY, offering a 7.2% yield and attractive tax-free income amid a shifting rate environment. NEA stands out as a strong income portfolio candidate, benefiting from the Fed's rate cuts and potential for price appreciation as rates fall. Tax advantages of NEA's distributions enhance total return, making it especially appealing for high-tax-bracket and retirement-focused investors.

    https://images.financialmodelingprep.com/news/nea-after-the-pullback-im-a-bull-again-rating-20250623.jpg
    NEA: After The Pullback, I'm A Bull Again (Rating Upgrade)

    seekingalpha.com

    2025-06-23 21:48:09

    Nuveen AMT-Free Quality Muni aims to provide tax-exempt income by investing in a diversified portfolio of municipal securities. I recently adopted a cautious outlook on NEA due to unsustainable gains and reliance on return of capital for distributions, and that was the right call in 2025. But I see a brighter picture ahead given the discount to NAV, the 8% yield, and the improvement of Illinois' fiscal picture.

    https://images.financialmodelingprep.com/news/nea-i-simply-dont-like-return-of-capital-as-20250619.jpg
    NEA: I Simply Don't Like Return Of Capital As Distribution

    seekingalpha.com

    2025-06-19 03:26:26

    Nuveen AMT-Free Quality Muni Inc offers tax-free muni bond income, appealing for high marginal tax rate investors, but half its distribution is return of capital, not true income. Leverage boosts yield, but the main concern is headline yield being inflated by returning investors' own capital, not just coupon income. I prefer funds that distribute only income, not capital, as this is more transparent and better aligns with sophisticated investor interests.

    https://images.financialmodelingprep.com/news/nea-the-riskreward-has-gotten-a-little-less-attractive-20250227.jpg
    NEA: The Risk-Reward Has Gotten A Little Less Attractive (Rating Downgrade)

    seekingalpha.com

    2025-02-27 02:29:09

    Evaluating Nuveen AMT-Free Quality Municipal Income Fund as an investment at its current market price, focusing on tax-exempt municipal securities. Previously rated as a buy in mid-2024 due to income boost and discount to NAV, which proved to be accurate. I am now shifting to a more cautious stance. This is primarily due to a shrinking of the discount and a large reliance on ROC for the fund's distribution.

    https://images.financialmodelingprep.com/news/nea-income-boosts-keep-boosting-the-market-price-20240701.jpg
    NEA: Income Boosts Keep Boosting The Market Price

    seekingalpha.com

    2024-07-01 12:35:20

    The fund saw another income boost to start the month of June. The muni yield curve is upward sloping, providing a distinct advantage over similarly dated treasury bonds. NEA still has a large discount to NAV, which could entice value-oriented buyers.

    https://images.financialmodelingprep.com/news/forget-nvidia-these-boring-77-dividends-just-jumped-30-20240626.jpg
    Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

    forbes.com

    2024-06-26 10:31:00

    Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.

    https://images.financialmodelingprep.com/news/nea-smart-buy-for-continued-bounceback-muni-market-in-20240424.jpg
    NEA: Smart Buy For Continued Bounce-Back Muni Market In 2024

    seekingalpha.com

    2024-04-24 06:23:58

    The muni bond market is expected to continue its bounce-back in 2024 after a sharp decline in 2022 followed by a small bounce in 2023. NEA is the largest CEF NEA managed by the top Muni CEF leader and offers an attractive alternative in Muni investment for income investors seeking for high yield and tax-exemption benefits. NEA currently has a 14.5% NAV discount. Its high leverage shows signs of contributing positively to the returns in 2024.

    https://images.financialmodelingprep.com/news/the-7-best-stocks-to-buy-with-your-required-20240331.png
    The 7 Best Stocks to Buy With Your Required Minimum Distribution (RMD)

    investorplace.com

    2024-03-31 16:05:51

    Once you reach the age of 73, there's no getting around Required Minimum Distributions (RMDs). Yet while there's no getting around making this compulsory withdrawal from your 401(k) or IRA, consider investing it rather than spending it.

    https://images.financialmodelingprep.com/news/weekly-cef-commentary-march-3-2024-pdx-makes-the-20240308.jpg
    Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

    seekingalpha.com

    2024-03-08 09:00:00

    Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

    https://images.financialmodelingprep.com/news/xmpt-muni-bond-cefs-looking-more-appealing-20240220.jpg
    XMPT: Muni Bond CEFs Looking More Appealing

    seekingalpha.com

    2024-02-20 03:37:43

    XMPT: Muni Bond CEFs Looking More Appealing

    https://images.financialmodelingprep.com/news/nuw-taxfree-amtfree-income-while-waiting-for-upside-20240130.jpg
    NUW: Tax-Free AMT-Free Income While Waiting For Upside

    seekingalpha.com

    2024-01-30 09:08:03

    NUW: Tax-Free AMT-Free Income While Waiting For Upside

    https://images.financialmodelingprep.com/news/nea-looking-at-the-positives-and-a-future-concern-20240115.jpg
    NEA: Looking At The Positives, And A Future Concern

    seekingalpha.com

    2024-01-15 20:29:51

    The Nuveen AMT-Free Quality Municipal Income Fund has experienced a Q4 rally and a boost in income, leading to gains for investors. However, the fund's income boost may not be sustainable, so investors should weigh this carefully if they plan to hold beyond the short-term. Lower inflation is a positive for bonds, including munis. This is because the Fed is unlikely to raise its benchmark rate further.

    https://images.financialmodelingprep.com/news/3-taxfree-dividends-to-buy-in-2024-20231219.jpg
    3 Tax-Free Dividends To Buy In 2024

    forbes.com

    2023-12-19 08:23:00

    Today we're going to use a simple strategy to (legally!) beat the tax man.

    https://images.financialmodelingprep.com/news/nuveen-closedend-funds-declare-distributions-and-updates-to-distribution-20231201.jpg
    Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

    businesswire.com

    2023-12-01 16:15:00

    NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

    https://images.financialmodelingprep.com/news/5-closedend-fund-buys-in-the-month-of-october-20231115.jpg
    5 Closed-End Fund Buys In The Month Of October 2023 (And 1 ETF)

    seekingalpha.com

    2023-11-15 17:51:50

    October was a challenging month for the equity and fixed-income markets, with surging risk-free rates in the Treasury market putting pressure across the board. I've added to positions with utility, REIT, and municipal bond exposure, taking advantage of some extraordinary discounts in the closed-end fund space. The key theme was to continue to limit adding any significant fund-level leverage to my portfolio in the current month, as I've been doing throughout this year.