NAD: Recent Double-Digit Pop, But Still Offering Value

Nuveen Quality Muni Income Fund offers high-quality municipal bond exposure with a focus on tax-exempt income. Equities are expensive, and hedges make sense at this point. With a discount to its underlying value, a fund like NAD could work. The fund's recent performance has been robust, with a gain of over 10% since the last bullish recommendation.

Seeking Alpha • Oct 30, 2025

NAD: High Leverage Will Limit Growth

Nuveen Quality Muni Income Fund provides exposure to a diverse range of municipal securities. The fund offers a high dividend yield above 7.1% and monthly payouts, which makes it an attractive choice for income investors. Since the fund's securities are exempt from federal income taxes, this may be a great option for retirees looking to limit their tax liability.

Seeking Alpha • Oct 27, 2025

CEFs Are Becoming Less Appealing For Income Investors

The investment case for closed-end funds (CEFs) is weak now due to tight discounts, high leverage costs, and expensive underlying assets. Most CEFs do not deliver sustainable alpha, and lower-fee actively managed ETFs now offer similar exposures with better economics. We have reduced our CEF allocation, favoring alternatives like BDCs, select ETFs, preferreds, and bonds for better value and risk/reward.

Seeking Alpha • Sep 9, 2025

NAD: Municipal CEF Suppressed By Higher Interest Rates

NAD offers a high 8% tax-exempt yield, but its share price and NAV have struggled, amid high interest rates and aggressive leverage. The fund's discount to NAV is historically narrow, making current accumulation less attractive compared to its long-term average. Dividend sustainability is questionable, due to inconsistent earnings and reliance on realized gains, raising the risk of a near-term dividend cut.

Seeking Alpha • Aug 10, 2025

Unleveraged Options In The Tax-Exempt Sector

Fund-level leverage is only attractive when carry or capital gains potential is high; current tight spreads and an inverted yield curve make it less appealing. For tax-exempt CEFs, higher yields often come from longer duration, not leverage; unleveraged long-duration funds or ETFs can offer similar or better yields. Investors should not assume more leverage is always better; careful, situation-specific exposure to fund-level leverage is key to balancing risk and return.

Seeking Alpha • Jul 25, 2025

A $7-Trillion Cash Wave Is About To Flood Dividend Stocks

Stocks—especially dividend stocks—have every reason to shoot higher from here. In fact, they have 7 trillion reasons.

Forbes • Jun 25, 2025

Need Almost $1100 per Month in Tax-Free Income? Invest in 8 Municipal Bond ETFs

One of the only downsides to passive income from stocks and bonds is that the revenue generated from those investments is subject to federal and state income tax.

24/7 Wall Street • Jun 20, 2025

NAD: A Proxy For Investment Grade Corporate Exposure

The credit cycle is arguably deteriorating. Thus, we see investors moving out of corporate credit and into Municipal bonds with hybrid general obligation and revenue exposure. Nuveen Quality Muni Income Fund seems like a prime candidate given its GO and revenue exposure. Moreover, it embodies the excess TEY-treasury spreads on offer. Some might oppose its leveraged strategy due to the effect on its expense ratio and the risks leverage adds in down markets. However, we see lower funding costs emerging.

Seeking Alpha • May 29, 2025

NAD: I See This Fund Pushing Higher Along With The Municipal Sector

Evaluating Nuveen Quality Muni Income Fund as an investment due to its current market price and high yield above 8%. NAD's recent price weakness in 2025 appears overdone, presenting a potential buying opportunity. The fund aims to provide income exempt from federal tax and enhance portfolio value.

Seeking Alpha • Apr 30, 2025

Forget Growth: 5 Big Safe Yields Worth Considering

The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payments, thereby allowing investors to worry far less about price volatility (as long as those big income payments keep coming in). This report shares 5 big safe yield strategies (including a variety of top income ideas), and then concludes with an important takeaway about succeeding in this market.

Seeking Alpha • Mar 13, 2025