Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fundverified

NEA

Price:

$11.259

Market Cap:

$3.37B

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...[Read more]

Industry

Asset Management - Income

IPO Date

2003-01-16

Stock Exchange

NYSE

Ticker

NEA

The Current Ratio as of December 2024 (TTM) for Nuveen AMT-Free Quality Municipal Income Fund (NEA) is 0

According to Nuveen AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 2.25 of the last 4 quarters.

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Historical Current Ratio (quarterly & annually)

How has NEA Current Ratio performed in the past?

The mean historical Current Ratio of Nuveen AMT-Free Quality Municipal Income Fund over the last ten years is 2.94. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NEA's Current Ratio was at its highest in in the April 2016 quarter at 8.27. The Current Ratio was at its lowest in in the April 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

2.94

Median

2.43

Minimum

1.38

Maximum

6.85

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen AMT-Free Quality Municipal Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 294.30%

Maximum Annual Current Ratio = 6.85

Minimum Annual Increase = -58.78%

Minimum Annual Current Ratio = 1.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.98-57.85%
20224.7066.56%
20212.82-58.78%
20206.85294.30%
20191.74-12.60%
20181.99-34.54%
20173.04119.46%
20161.38-50.25%
20152.7834.18%
20142.07-37.99%

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Average Current Ratio

How has NEA Current Ratio performed in the past?

The current Current Ratio of Nuveen AMT-Free Quality Municipal Income Fund (NEA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.17

5-year avg

3.62

10-year avg

2.94

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Current Ratio vs. Peers

How is NEA’s Current Ratio compared to its peers?

Nuveen AMT-Free Quality Municipal Income Fund’s Current Ratio is less than Nuveen Municipal Credit Income Fund (0.32), less than Nuveen AMT-Free Municipal Credit Income Fund (0.04), less than Nuveen Municipal Value Fund, Inc. (0.99), less than Nuveen Municipal High Income Opportunity Fund (0), less than Nuveen Quality Municipal Income Fund (1.65), less than Nuveen Municipal Credit Opportunities Fund (3.29), less than BlackRock MuniVest Fund, Inc. (0),

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