Nuveen New Jersey Quality Municipal Income Fund

Nuveen New Jersey Quality Municipal Income Fundverified

NXJ

Price:

$12.22

Market Cap:

$503.87M

Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New Jersey Municipal Bond Index. The fund was formerly known as...[Read more]

Industry

Asset Management - Income

IPO Date

2002-09-12

Stock Exchange

NYSE

Ticker

NXJ

The PE Ratio as of November 2024 (TTM) for Nuveen New Jersey Quality Municipal Income Fund (NXJ) is 13.43

According to Nuveen New Jersey Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is 13.43. This represents a change of -99.99% compared to the average of 94.77K of the last 4 quarters.

Nuveen New Jersey Quality Municipal Income Fund (NXJ) Historical PE Ratio (quarterly & annually)

How has NXJ PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen New Jersey Quality Municipal Income Fund over the last ten years is -138.02. The current 13.43 PE Ratio has changed -1073.06% with respect to the historical average. Over the past ten years (40 quarters), NXJ's PE Ratio was at its highest in in the November 2022 quarter at 192.33K. The PE Ratio was at its lowest in in the May 2022 quarter at -4054.32.

Quarterly (TTM)
Annual

Average

-138.02

Median

8.27

Minimum

-1416.00

Maximum

35.36

Nuveen New Jersey Quality Municipal Income Fund (NXJ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen New Jersey Quality Municipal Income Fund PE 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 = Infinity%

Maximum Annual PE Ratio = 35.36

Minimum Annual Increase = -22113.85%

Minimum Annual PE Ratio = -1416.00

Quarterly (TTM)
Annual
YearPE RatioChange
202413.40-285.04%
2023-7.24-86.61%
2022-54.08-96.18%
2021-1416.00-22113.85%
20206.43-61.25%
201916.608.99%
201815.23Infinity%
20170-100.00%
201610.11-71.41%
201535.36-141.48%

Nuveen New Jersey Quality Municipal Income Fund (NXJ) Average PE Ratio

How has NXJ PE Ratio performed in the past?

The current PE Ratio of Nuveen New Jersey Quality Municipal Income Fund (NXJ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-15.97

5-year avg

-291.50

10-year avg

-138.02

Nuveen New Jersey Quality Municipal Income Fund (NXJ) PE Ratio vs. Peers

How is NXJ’s PE Ratio compared to its peers?

Nuveen New Jersey Quality Municipal Income Fund’s PE Ratio is less than BlackRock MuniVest Fund, Inc. (15.79), less than BlackRock Municipal Income Fund, Inc. (349.22), less than BlackRock MuniYield Quality Fund III, Inc. (19.50), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), greater than The Gabelli Equity Trust Inc. (5.14), less than Virtus Convertible & Income Fund (21.89), greater than The Gabelli Equity Trust Inc. PFD-G (5.14), greater than Oxford Lane Capital Corp. (4.64), less than The Gabelli Utility Trust (79.79), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (215.18), greater than Nuveen Short Duration Credit Opportunities Fund (-13.96), greater than Nuveen Core Equity Alpha Fund (5.59), greater than PGIM Short Duration High Yield Opportunities Fund (10.00),

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