Nuveen AMT-Free Quality Municipal Income Fund (NEA) vs Nuveen Municipal High Income Opportunity Fund (NMZ)
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 ($3.03 billion vs $1.96 billion), about 1.5 times the size. On valuation, Nuveen AMT-Free Quality Municipal Income Fund trades at a lower trailing P/E (13.0x vs 15.2x for Nuveen Municipal High Income Opportunity Fund). Nuveen AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.63% vs 8.60%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NEA | NMZ |
|---|---|---|
| Share price | $10.03 | $9.10 |
| Market cap | $3.03B | $1.96B |
| 1-day change | +0.40% | +0.77% |
| P/E ratio (TTM) | 13.03 | 15.17 |
| EPS (TTM) | $0.77 | $0.60 |
| Dividend yield | 8.63% | 8.60% |
| Annual dividend | $0.866 | $0.783 |
| 52-week high | $11.90 | $10.77 |
| 52-week low | $9.53 | $8.69 |
| Distance from 52-week high | -15.71% | -15.51% |
| Analyst consensus | hold | — |
| Average volume | 1.54M | 976.29K |
| Shares outstanding | 302.13M | 215.37M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/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 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
About Nuveen Municipal High Income Opportunity Fund
NMZ stock →Nuveen Municipal High Income Opportunity Fund is a closed-end 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 · Finance/Investors Services
NEA vs NMZ FAQ
Which is bigger, Nuveen AMT-Free Quality Municipal Income Fund or Nuveen Municipal High Income Opportunity Fund?
Nuveen AMT-Free Quality Municipal Income Fund (NEA) is larger, with a market capitalization of $3.03B compared with $1.96B for Nuveen Municipal High Income Opportunity Fund (NMZ).
Which has the lower P/E ratio, NEA or NMZ?
NEA has the lower trailing P/E at 13.0, versus 15.2 for NMZ. 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 AMT-Free Quality Municipal Income Fund or Nuveen Municipal High Income Opportunity Fund?
Nuveen AMT-Free Quality Municipal Income Fund has the higher yield at 8.63%, compared with 8.60% for Nuveen Municipal High Income Opportunity Fund.
Are Nuveen AMT-Free Quality Municipal Income Fund and Nuveen Municipal High Income Opportunity Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.