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    Nuveen Massachusetts Quality Municipal Income Fund (NMT)

    Price:

    11.76 USD

    ( - -0.05 USD)

    Your position:

    0 USD

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    Symbol
    NMT
    Name
    Nuveen Massachusetts Quality Municipal Income Fund
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    11.760
    Market Cap
    109.658M
    Enterprise value
    112.054M
    Currency
    USD
    Ceo
    Michael S. Hamilton
    Full Time Employees
    Website
    Ipo Date
    1993-03-18
    City
    Chicago
    Address
    333 West Wacker Drive

    Check the

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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    PIMCO Dynamic Income Fund

    VALUE SCORE:

    7

    Symbol
    PDI
    Market Cap
    7.561B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PK
    Market Cap
    2.583B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    Advent Convertible and Income Fund

    VALUE SCORE:

    14

    Symbol
    AVK
    Market Cap
    434.844M
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -239.561
    P/S
    17.104
    P/B
    0.988
    Debt/Equity
    0.662
    EV/FCF
    42.291
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    28.618
    Earnings yield
    -0.004
    Debt/assets
    0.397
    FUNDAMENTALS
    Net debt/ebidta
    32.990
    Interest coverage
    1.333
    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
    0.001
    Return on tangible assets
    -0.002
    Debt to market cap
    0.673
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    -3.113
    P/CF
    25.506
    P/FCF
    25.384
    RoA %
    -0.247
    RoIC %
    14.737k
    Gross Profit Margin %
    101.512
    Quick Ratio
    0
    Current Ratio
    0
    Net Profit Margin %
    -7.174
    Net-Net
    -7.700
    FUNDAMENTALS PER SHARE
    FCF per share
    0.463
    Revenue per share
    0.684
    Net income per share
    -0.049
    Operating cash flow per share
    0.463
    Free cash flow per share
    0.463
    Cash per share
    0.021
    Book value per share
    11.907
    Tangible book value per share
    11.907
    Shareholders equity per share
    11.907
    Interest debt per share
    8.166
    TECHNICAL
    52 weeks high
    12.330
    52 weeks low
    10.900
    Current trading session High
    11.782
    Current trading session Low
    11.750
    DIVIDEND
    Dividend yield
    6.89%
    Payout ratio
    -1.67e+3%
    Years of div. Increase
    2.000
    Years of div.
    34.000
    Q-shift
    Dividend per share
    0.810
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.3631124%
    Payout Ratio
    -366.49181999999996%
    P/E
    -12.254
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07728357%
    Payout Ratio
    51.588625%
    P/E
    7.426
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.09205021%
    Payout Ratio
    0%
    P/E
    7.689
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.09967533%
    Payout Ratio
    95.35172%
    P/E
    9.564
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.03512371%
    Payout Ratio
    0%
    P/E
    46.433
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.04570512%
    Payout Ratio
    0%
    P/E
    34.915
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.069078945%
    Payout Ratio
    877.9819%
    P/E
    129.565
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.11836394%
    Payout Ratio
    0%
    P/E
    9.849
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.08881261%
    Payout Ratio
    50.15927%
    P/E
    6.127
    DESCRIPTION

    Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Massachusetts Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/nmt-a-municipal-bond-cef-for-massachusetts-taxpayers-20250403.jpg
    NMT: A Municipal Bond CEF For Massachusetts Taxpayers

    seekingalpha.com

    2025-04-03 08:00:00

    Nuveen Massachusetts Quality Municipal Income Fund invests in investment-grade municipal securities exempt from federal and Massachusetts income taxes, with a 7.2% yield based on market price. Single-state municipal bond funds can be more tax advantageous, especially if local governments also exempt income, though this is unclear for Massachusetts. Comparing NMT to the Nuveen Quality Municipal Income Fund helps assess if state tax savings justify owning NMT over a national municipal bond CEF. I found that to be unclear.

    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/weekly-closedend-fund-roundup-special-distributions-coming-up-december-20221213.jpg
    Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)

    seekingalpha.com

    2022-12-13 21:43:57

    22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.

    https://images.financialmodelingprep.com/news/the-reopening-killed-the-vshaped-recovery-20200629.png
    The Reopening Killed The V-Shaped Recovery

    seekingalpha.com

    2020-06-29 07:43:33

    This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

    https://images.financialmodelingprep.com/news/ubs-group-ag-raises-stock-position-in-nuveen-massachusetts-20200610.jpg
    UBS Group AG Raises Stock Position in Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT)

    thelincolnianonline.com

    2020-06-10 04:04:45

    UBS Group AG boosted its holdings in Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) by 105.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 40,484 shares of the financial services provider’s stock after buying an additional 20,753 shares during the period. UBS Group AG owned 0.43% […]