# Nuveen Quality Municipal Income Fund (NAD) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $11.46, market value $2.7 billion.

## Valuation
- **P/E (trailing): 14.5×** (5-yr avg 23.9×, 3-yr avg 23.9×). Nuveen Quality Municipal Income Fund trades at 14.5× trailing earnings, well below its own five-year average of 23.9×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 37.4×**. Each dollar of revenue is priced at 37.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 9.4%** (5-yr avg 8.8%). Free cash flow equals 9.4% of the market value, in line with its five-year average of 8.8%. Above 5% is generally attractive.
- **Earnings yield: 6.9%**. The inverse of the P/E: 6.9% of the price is earned each year.

## Profitability
- **Net margin: 91.3%**. 91.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.3%**. 2.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.3%**. Each dollar of assets produces 1.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -84.9%**. Revenue fell 84.9% over the last year.
- **Free-cash-flow growth (3 yr): -0.8%/yr**. Free cash flow has compounded at -0.8% a year over three years.

## Dividends
- **Dividend yield: 7.38%** ($0.86 per share, trailing). Nuveen Quality Municipal Income Fund yields 7.38%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 322%** (84% of free cash flow). The dividend exceeds earnings (322% payout), though free cash flow still covers it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 5.5%/yr** (1-yr 14.9%). The dividend has grown 5.5% a year over five years.
- **Shareholder yield: 8.7%**. Dividends plus net buybacks return 8.7% of the market value a year.

## Price and momentum
- **Total return (1 yr): 7.8%** (YTD -0.6%, 3-mo -1.2%). The shares are up 7.8% over twelve months including dividends.
- **From 52-week high: -6.9%** (3.2% above the low). Trading 7% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 0.34** (volatility 11%). Beta of 0.34 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NAD · Page: https://foliofundamentals.com/stocks/nad

Not investment advice.