|Bid||10.20 x 4000|
|Ask||10.69 x 3200|
|Day's Range||10.50 - 10.66|
|52 Week Range||9.20 - 11.79|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 08, 2024 - Jan 12, 2024|
|Forward Dividend & Yield||0.42 (4.47%)|
|Ex-Dividend Date||Oct 12, 2023|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for NEA
NEW YORK, October 19, 2023--The Boards of Trustees of Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) and Nuveen Quality Municipal Income Fund (NYSE:NAD) as well as Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) and Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announce the removal of a previously approved merger proposal from each funds’ upcoming shareholder meeting agenda. Previously, the Board of Trustees of each respective fund approved the merger of NXJ
Aligned with the firm's proud heritage and culture of taking a team-based approach to investing, Nuveen, the investment manager of TIAA, is formalizing a co-portfolio manager structure across its municipal platform, naming additional managers to 27 mutual funds and 24 closed-ends funds. These strategies account for $52 billion out of the firm's $188 billion1 municipal assets under management. The key tenets of the team's proven investment and research processes remain unchanged.
The funds have been hard hit during the bond selloff and now trade at 15%-plus discounts to asset value.