Nuveen AMT-Free Quality Municipal Income Fund
NEA
Price:
$11.86
Market Cap:
$3.55B
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 ROE as of September 2024 (TTM) for Nuveen AMT-Free Quality Municipal Income Fund (NEA) is 8.01%
According to Nuveen AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 8.01%. This represents a change of 477.49% compared to the average of 1.39% of the last 4 quarters.
Nuveen AMT-Free Quality Municipal Income Fund (NEA) Historical ROE (quarterly & annually)
How has NEA ROE performed in the past?
The mean historical ROE of Nuveen AMT-Free Quality Municipal Income Fund over the last ten years is 1.26%. The current 8.01% ROE has changed 533.97% with respect to the historical average. Over the past ten years (40 quarters), NEA's ROE was at its highest in in the April 2024 quarter at 12.18%. The ROE was at its lowest in in the April 2022 quarter at -15.42%.
Average
1.26%
Median
3.14%
Minimum
-31.01%
Maximum
14.64%
Nuveen AMT-Free Quality Municipal Income Fund (NEA) ROE by Quarter and Year
Discovering the peaks and valleys of Nuveen AMT-Free Quality Municipal Income Fund ROE, 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 = 235.61%
Maximum Annual ROE = 14.64%
Minimum Annual Increase = -904.54%
Minimum Annual ROE = -31.01%
| Year | ROE | Change |
|---|---|---|
| 2023 | 1.04% | -103.34% |
| 2022 | -31.01% | -671.96% |
| 2021 | 5.42% | 43.41% |
| 2020 | 3.78% | -71.47% |
| 2019 | 13.25% | -904.54% |
| 2018 | -1.65% | -155.42% |
| 2017 | 2.97% | 235.61% |
| 2016 | 0.89% | -73.29% |
| 2015 | 3.31% | -77.36% |
| 2014 | 14.64% | -258.47% |
Nuveen AMT-Free Quality Municipal Income Fund (NEA) Average ROE
How has NEA ROE performed in the past?
The current ROE of Nuveen AMT-Free Quality Municipal Income Fund (NEA) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-8.18%
5-year avg
-1.50%
10-year avg
1.26%
Nuveen AMT-Free Quality Municipal Income Fund (NEA) ROE vs. Peers
How is NEA’s ROE compared to its peers?
Nuveen AMT-Free Quality Municipal Income Fund’s ROE is less than Nuveen Municipal Credit Income Fund (6.18%), less than Nuveen AMT-Free Municipal Credit Income Fund (3.46%), less than Nuveen Municipal Value Fund, Inc. (3.95%), less than Nuveen Municipal High Income Opportunity Fund (11.13%), less than Nuveen Quality Municipal Income Fund (3.06%), less than Nuveen Municipal Credit Opportunities Fund (1.29%), less than BlackRock MuniVest Fund, Inc. (4.18%),
| Company | ROE | Market cap |
|---|---|---|
| 6.18% | $2.52B | |
| 3.46% | $2.84B | |
| 3.95% | $1.88B | |
| 11.13% | $1.28B | |
| 3.06% | $2.88B | |
| 1.29% | $646.11M | |
| 4.18% | $482.19M |
Build a custom stock screener for Nuveen AMT-Free Quality Municipal Income Fund (NEA) and other stocks
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nuveen AMT-Free Quality Municipal Income Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
Nuveen AMT-Free Quality Municipal Income Fund (NEA) and other stocks custom spreadsheet templates
The easiest way to analyze a company like Nuveen AMT-Free Quality Municipal Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
Frequently asked questions❓
What is the ROE?
How can you use the ROE?
What is Nuveen AMT-Free Quality Municipal Income Fund's ROE?
How is the ROE calculated for Nuveen AMT-Free Quality Municipal Income Fund (NEA)?
What is the highest ROE for Nuveen AMT-Free Quality Municipal Income Fund (NEA)?
What is the 3-year average ROE for Nuveen AMT-Free Quality Municipal Income Fund (NEA)?
What is the 5-year average ROE for Nuveen AMT-Free Quality Municipal Income Fund (NEA)?
How does the current ROE for Nuveen AMT-Free Quality Municipal Income Fund (NEA) compare to its historical average?