Nuveen Quality Municipal Income Fund (NAD) Soars 0.35% to 2025 High

Nuveen Quality Municipal Income Fund (NAD) closed flat today, with the share price rising to its highest level since May 2025, marking an intraday gain of 0.35%.

The strategy of buying NAD shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -1.2%, significantly underperforming the market. This indicates that this strategy failed to capitalize on the potential upside, as evidenced by the high initial price, and instead suffered losses in holding the stock.

Nuveen Quality Municipal Income Fund recently announced a monthly dividend of $0.0755 per share, resulting in a forward yield of 7.98%. This dividend is scheduled to be paid on August 1 to shareholders of record as of July. The fund has consistently maintained its monthly dividend since June 3, 2025. These factors could positively influence the stock price due to the attractive yield and reliable dividend payments.