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Nuveen Quality Municipal Income Fund (NAD) vs Nuveen AMT-Free Quality Municipal Income Fund (NEA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Nuveen AMT-Free Quality Municipal Income Fund is the larger company by market cap ($3.05 billion vs $2.39 billion), about 1.3 times the size. On valuation, Nuveen Quality Municipal Income Fund trades at a lower trailing P/E (13.0x vs 13.1x for Nuveen AMT-Free Quality Municipal Income Fund). Nuveen AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.58% vs 8.43%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

NAD+1.51%NEA+1.01%
+2%+1%-0%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

NAD versus NEA key metrics
MetricNADNEA
Share price$10.24$10.09
Market cap$2.39B$3.05B
1-day change+1.54%+1.00%
P/E ratio (TTM)12.9613.10
EPS (TTM)$0.79$0.77
Dividend yield8.43%8.58%
Annual dividend$0.863$0.866
52-week high$12.31$11.90
52-week low$9.66$9.53
Distance from 52-week high-16.86%-15.21%
Analyst consensusholdhold
Average volume1.18M1.54M
Shares outstanding233.46M302.13M
SectorFinanceFinance
IndustryInvestment ManagersFinance/Investors Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

About Nuveen Quality Municipal Income Fund

NAD stock →

Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.

Finance · Investment Managers

About Nuveen AMT-Free Quality Municipal Income Fund

NEA stock →

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC.

Finance · Finance/Investors Services

NAD vs NEA FAQ

Which is bigger, Nuveen Quality Municipal Income Fund or Nuveen AMT-Free Quality Municipal Income Fund?

Nuveen AMT-Free Quality Municipal Income Fund (NEA) is larger, with a market capitalization of $3.05B compared with $2.39B for Nuveen Quality Municipal Income Fund (NAD).

Which has the lower P/E ratio, NAD or NEA?

NAD has the lower trailing P/E at 13.0, versus 13.1 for NEA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Nuveen Quality Municipal Income Fund or Nuveen AMT-Free Quality Municipal Income Fund?

Nuveen AMT-Free Quality Municipal Income Fund has the higher yield at 8.58%, compared with 8.43% for Nuveen Quality Municipal Income Fund.

Are Nuveen Quality Municipal Income Fund and Nuveen AMT-Free Quality Municipal Income Fund in the same industry?

Both are in the Finance sector, but in different industries: Investment Managers for Nuveen Quality Municipal Income Fund and Finance/Investors Services for Nuveen AMT-Free Quality Municipal Income Fund.

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