Nuveen Quality Municipal Income Fund (NYSE:NAD) traded today at a new 52-week high of $16.03. So far today approximately 171,000 shares have been exchanged, as compared to an average 30-day volume of 335,000 shares.
Nuveen Quality Municipal Income Fund (NYSE:NAD) defies analysts with a current price ($15.97) 0.4% above its average consensus price target of $15.91.
Nuveen Quality Municipal Income Fund share prices have moved between a 52-week high of $16.03 and a 52-week low of $13.91 and are now trading 15% above that low price at $15.97 per share.
The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value.
The Fund invests in municipal securities that are exempt from federal income taxes. The Fund uses leverage. By investment policy, the Fund may invest up to 35% of its managed assets in municipal securities rated at the time of investment BBB and below or judged by the manager to be of comparable quality.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer