Dividend Information About Nuveen Quality Municipal Income Fund: Key Insights Before the Ex-Dividend Date on Sep 15, 2025

Nuveen Quality Municipal Income Fund (NAD) has announced a cash dividend of $0.0705 per share, with an ex-dividend date set for Sep 15, 2025. The dividend was declared on Sep 2, 2025, and will be paid on Oct 1, 2025. This payout is slightly higher than the average of the last 10 dividend payments, which stood at $0.0638 per share. The most recent dividend, also a cash distribution, was $0.0755 per share, issued on the same date as the latest announcement. Investors looking to benefit from this dividend must ensure ownership of NAD shares prior to the ex-dividend date, as any purchase after Sep 15, 2025 will not qualify for the upcoming payout.

Over the past week, several significant developments have impacted the Nuveen portfolio. Notably, Nathaniel T. Jones, a vice president at Nuveen, recently sold 400 shares of Nuveen AMT-Free Quality Municipal Income Fund (NEA) at $11.35 per share, leaving him with no remaining stake in the fund. Additionally, Saba Capital Management, L.P., a 10% owner of Nuveen Pennsylvania Quality Municipal Income Fund (NQP), sold 4,999 shares on Sep 10, 2025, at $11.35 per share. This marked a significant reduction in their holdings and triggered a filing with the SEC. Another major transaction occurred when Saba Capital also sold 16,022 shares of NQP at $11.22 per share, further indicating a strategic shift in investment strategy. These sales highlight increased activity among key stakeholders and may signal a broader reassessment of long-term positioning in the municipal bond market.

Analysts have noted that these transactions may reflect a combination of portfolio rebalancing and risk mitigation strategies. The recent selling activity, particularly by institutional investors, could influence market sentiment and potentially affect short-term share prices across the Nuveen fund complex. While the fund’s core objective of generating tax-exempt income remains unchanged, the increased turnover among large investors suggests a need for close monitoring of market dynamics. Additionally, recent technical indicators for NAD show a MACD of 0.10 and an RSI of 74.00, indicating a strong but potentially overbought condition, which may lead to short-term volatility. Investors should remain cautious and assess both fundamental and technical signals when considering new positions or adjusting existing ones.