MetaCap

Nuveen Arizona Quality Municipal Income Fund (NAZ) 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

On valuation, Nuveen AMT-Free Quality Municipal Income Fund trades at a lower trailing P/E (13.0x vs 19.0x for Nuveen Arizona Quality Municipal Income Fund). Nuveen AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.65% vs 7.77%).

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

Relative performance

NAZ+0.09%NEA+1.01%
+1%+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

NAZ versus NEA key metrics
MetricNAZNEA
Share price$10.66$10.01
Market cap—$3.02B
1-day change+0.47%+0.20%
P/E ratio (TTM)19.0413.00
EPS (TTM)$0.56$0.77
Dividend yield7.77%8.65%
Annual dividend$0.828$0.866
52-week high$13.42$11.90
52-week low$10.18$9.53
Distance from 52-week high-20.57%-15.88%
Analyst consensus—hold
Average volume32.05K1.54M
Shares outstanding—302.13M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/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.

Key differences

  • Nuveen Arizona Quality Municipal Income Fund trades at a higher earnings multiple (19.0x vs 13.0x trailing P/E).

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

NAZ vs NEA FAQ

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

NEA has the lower trailing P/E at 13.0, versus 19.0 for NAZ. 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 Arizona Quality Municipal Income Fund or Nuveen AMT-Free Quality Municipal Income Fund?

Nuveen AMT-Free Quality Municipal Income Fund has the higher yield at 8.65%, compared with 7.77% for Nuveen Arizona Quality Municipal Income Fund.

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

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

More comparisons