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ALL
AUM
$3.47B
P/E ratio
--
Dividend yield
7.3277%
Expense ratio
1.83%
Beta
0.735979
Previous close
$11.64
Today's open
$11.61
Day's range
$11.55 - $11.62
52 week range
$10 - $11.87
Bonds
Domestic
Municipal
NEA: A Rate-Cut Cycle Income Diversifier
Nuveen AMT-Free Quality Muni is rated BUY, offering a 7.2% yield and attractive tax-free income amid a shifting rate environment. NEA stands out as a strong income portfolio candidate, benefiting from the Fed's rate cuts and potential for price appreciation as rates fall. Tax advantages of NEA's distributions enhance total return, making it especially appealing for high-tax-bracket and retirement-focused investors.
Seeking Alpha • Sep 20, 2025

NEA: After The Pullback, I'm A Bull Again (Rating Upgrade)
Nuveen AMT-Free Quality Muni aims to provide tax-exempt income by investing in a diversified portfolio of municipal securities. I recently adopted a cautious outlook on NEA due to unsustainable gains and reliance on return of capital for distributions, and that was the right call in 2025. But I see a brighter picture ahead given the discount to NAV, the 8% yield, and the improvement of Illinois' fiscal picture.
Seeking Alpha • Jun 24, 2025

NEA: I Simply Don't Like Return Of Capital As Distribution
Nuveen AMT-Free Quality Muni Inc offers tax-free muni bond income, appealing for high marginal tax rate investors, but half its distribution is return of capital, not true income. Leverage boosts yield, but the main concern is headline yield being inflated by returning investors' own capital, not just coupon income. I prefer funds that distribute only income, not capital, as this is more transparent and better aligns with sophisticated investor interests.
Seeking Alpha • Jun 19, 2025

NEA: The Risk-Reward Has Gotten A Little Less Attractive (Rating Downgrade)
Evaluating Nuveen AMT-Free Quality Municipal Income Fund as an investment at its current market price, focusing on tax-exempt municipal securities. Previously rated as a buy in mid-2024 due to income boost and discount to NAV, which proved to be accurate. I am now shifting to a more cautious stance. This is primarily due to a shrinking of the discount and a large reliance on ROC for the fund's distribution.
Seeking Alpha • Feb 27, 2025

NEA: Income Boosts Keep Boosting The Market Price
The fund saw another income boost to start the month of June. The muni yield curve is upward sloping, providing a distinct advantage over similarly dated treasury bonds. NEA still has a large discount to NAV, which could entice value-oriented buyers.
Seeking Alpha • Jul 1, 2024

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%
Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.
Forbes • Jun 26, 2024

Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.
Business Wire • Jun 3, 2024

NEA: Smart Buy For Continued Bounce-Back Muni Market In 2024
The muni bond market is expected to continue its bounce-back in 2024 after a sharp decline in 2022 followed by a small bounce in 2023. NEA is the largest CEF NEA managed by the top Muni CEF leader and offers an attractive alternative in Muni investment for income investors seeking for high yield and tax-exemption benefits. NEA currently has a 14.5% NAV discount. Its high leverage shows signs of contributing positively to the returns in 2024.
Seeking Alpha • Apr 24, 2024

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill
It's Tax Day—the perfect time to talk about one of our favorite income plays: municipal bonds.
Forbes • Apr 16, 2024

The 7 Best Stocks to Buy With Your Required Minimum Distribution (RMD)
Once you reach the age of 73, there's no getting around Required Minimum Distributions (RMDs). Yet while there's no getting around making this compulsory withdrawal from your 401(k) or IRA, consider investing it rather than spending it.
InvestorPlace • Mar 31, 2024

¹ Disclosures

Open an M1 investment account to buy and sell Nuveen AMT-Free Quality Municipal Income Fund of Beneficial Interest Par Value $.01 commission-free¹. Build wealth for the long term using automated trading and transfers.