Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fundverified

NEA

Price:

$11.84

Market Cap:

$3.54B

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 Enterprise Value as of November 2024 (TTM) for Nuveen AMT-Free Quality Municipal Income Fund (NEA) is 5.98B

According to Nuveen AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 5.98B. This represents a change of 20.02% compared to the average of 4.98B of the last 4 quarters.

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Historical Enterprise Value (quarterly & annually)

How has NEA Enterprise Value performed in the past?

The mean historical Enterprise Value of Nuveen AMT-Free Quality Municipal Income Fund over the last ten years is 3.39B. The current 5.98B Enterprise Value has changed 17.54% with respect to the historical average. Over the past ten years (40 quarters), NEA's Enterprise Value was at its highest in in the July 2021 quarter at 7.42B. The Enterprise Value was at its lowest in in the April 2016 quarter at 1.16B.

Quarterly (TTM)
Annual

Average

3.39B

Median

3.45B

Minimum

1.09B

Maximum

6.94B

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Nuveen AMT-Free Quality Municipal Income Fund Enterprise Value, 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 = 231.76%

Maximum Annual Enterprise Value = 6.94B

Minimum Annual Increase = -55.15%

Minimum Annual Enterprise Value = 1.09B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20232.83B-8.95%
20223.11B-55.15%
20216.94B73.71%
20204.00B7.00%
20193.73B13.55%
20183.29B-9.54%
20173.64B0.44%
20163.62B231.76%
20151.09B-33.52%
20141.64B7.11%

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Average Enterprise Value

How has NEA Enterprise Value performed in the past?

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

3-year avg

4.30B

5-year avg

4.12B

10-year avg

3.39B

Nuveen AMT-Free Quality Municipal Income Fund (NEA) Enterprise Value vs. Peers

How is NEA’s Enterprise Value compared to its peers?

Nuveen AMT-Free Quality Municipal Income Fund’s Enterprise Value is greater than Nuveen Municipal Credit Income Fund (4.19B), greater than Nuveen AMT-Free Municipal Credit Income Fund (4.76B), greater than Nuveen Municipal Value Fund, Inc. (1.86B), greater than Nuveen Municipal High Income Opportunity Fund (2.07B), greater than Nuveen Quality Municipal Income Fund (4.90B), greater than Nuveen Municipal Credit Opportunities Fund (1.06B), greater than BlackRock MuniVest Fund, Inc. (687.44M),

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