NAD
Nuveen Quality Municipal Income Fund12.06
+0.00+0%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
2.81BP/E (TTM)
201.00Basic EPS (TTM)
0.06Dividend Yield
0.07%Recent Filings
8-K
Extends VRDP redemption to 2056
Nuveen Quality Municipal Income Fund extended the final redemption date on its $236.8M Series 1 and $267.5M Series 2 Variable Rate Demand Preferred Shares from September 11, 2026, to September 11, 2056, effective March 3, 2026. These senior preferreds, with weekly dividends set by a remarketer and liquidity support, rank ahead of common shares. Extension averts near-term pressure.
8-K
Removes control share provisions
Nuveen Quality Municipal Income Fund eliminated its suspended 'control share' provisions via Amended and Restated By-Laws adopted February 28, 2024. Previously suspended since February 24, 2022, these changes simplify governance without altering other terms. Board acted decisively. Investors gain clearer equity control rules.
8-K
Board consolidation approved
Nuveen Quality Municipal Income Fund announced board consolidation across its fund complex on October 13, 2023, appointing four independent trustees from TC Funds boards effective January 1, 2024, while resizing to 12 members. Two current trustees retire December 31, 2023. Efficiencies target cost savings, vendor leverage, and unified marketing. Shareholders gain from streamlined operations.
8-K
Suspends control share by-law
Nuveen Quality Municipal Income Fund suspended its control share by-law on February 24, 2022, complying with a U.S. District Court ruling that struck it down as violating the 1940 Act. The board amended by-laws to pause the provision—meant to block hedge fund takeovers—pending appeal. Suspension holds until judgment is overturned. Boards fight activist threats.
8-K
By-Laws amended against activists
Nuveen Quality Municipal Income Fund (NAD) amended its By-Laws on October 5, 2020, tightening advance notice deadlines for 2021 shareholder proposals and adding a Control Share provision. Boards across 50+ Nuveen CEFs approved identical changes to shield long-term holders from activist traders. Short-term agendas lose power.
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