profit from every $100 of sales.
$0$100
Nuveen AMT-Free Quality Municipal Income Fund
$10.03-1.28% today
-13.3% in 1 year
1-year low $9.721-year high $11.90
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $36.91 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Nuveen AMT-Free Quality Municipal Income Fund sold, what it kept, and what it did with the cash.
Sales went from -$1.05 billion in 2022 to $98.5 million in 2025, with $82.1 million of profit last year.
SalesProfit
Nuveen AMT-Free Quality Municipal Income Fund handed back more cash to shareholders than it generated last year.
Buybacks $250M$260M
Free cash flow 2025$324M
Bought back its own shares$250M
Paid as dividends$260M
Cash vs. debt$0 vs. $7M
Nuveen AMT-Free Quality Municipal Income Fund vs. similar companies
Nuveen AMT-Free Quality Municipal Income Fund grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Nuveen AMT-Free Quality Municipal Income Fund | 36.9× · Expensive | ||
 PIMCO Dynamic Income Fund | 8.4× · Cheap | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 6.9× · Cheap | ||
 Nuveen Preferred & Income Opportunities Fund | 6.7× · Cheap | ||
 PIMCO Corporate & Income Opportunity Fund | 8.6× · Cheap |
AI analysis
An AI analyst reads Nuveen AMT-Free Quality Municipal Income Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -1,050 | 49 | 587 | 99 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -1,066 | 35 | 571 | 82 | |
| -3.57 | 0.12 | 1.91 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 101.4% | 70.3% | 97.3% | 83.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,168 | 5,837 | 6,277 | 5,974 |
| Cash | 2 | – | – | 0 |
| Total debt | 30 | 3 | 9 | 7 |
| Total liabilities | 2,732 | 2,497 | 2,571 | 2,446 |
| 3,437 | 3,340 | 3,705 | 3,528 | |
| 298 | 288 | – | – | |
| – | – | – | – | |
| -31.0% | 1.0% | 15.4% | 2.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 321 | 242 | 160 | 324 | |
| – | – | – | – | |
| 321 | 242 | 160 | 324 | |
| Dividends paid | 199 | 134 | 194 | 260 |
| – | 194 | 170 | 250 | |
| – | – | – | – |
Valuation
- 36.9×
- –
- –
- 0.9×
- 30.8×
- 9.4×
- –
- 10.7%
- 2.7%
- 7.4%
Profitability
- 80.8%
- 66.2%
- 83.3%
- 95.2%
- -593.2%
- -0.5%
- 2.3%
- 1.4%
- 2.7%
- –
Growth
- +41.6%
- –
- −26.4%
- +5.0%
- −15.2%
Financial health
- 10.7×
- 0.69
- 40.5%
- 2.1×
- –
- –
- 0.04
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 9%of 733
Bottom 12%of 863
Top 10%of 860
Top 23%of 920
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Jan 5, 2026 | 0.64 | – | – |
| Jun 30, 2025 | -0.37 | – | – |
| Jan 6, 2025 | 0.40 | – | – |
| Jul 2, 2024 | 1.51 | – | – |
| Jan 5, 2024 | -0.68 | – | – |
| Jul 6, 2023 | 0.73 | – | – |
| Jan 9, 2023 | -0.78 | – | – |
| Jul 7, 2022 | -1.06 | – | – |
7.4%of the share price, paid each year
On $1,000 invested$74a year at today's yield, before tax
+5.0%2020 to 2025
Raised2 yearsin a row, in our data
Paid per share, each year
$0.79 in 2015 → $0.86 in 2025
How safe it looks
317.2% of its profit
Room to growStretchedMore than it earns: 80.4%
News
SPDR Nuveen Barclays Short Term Municipal Bond ETF declares monthly distribution of $0.1082Seeking Alpha · Nov 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
52No pass
Benjamin Graham
39No pass
Philip Fisher
70Pass
Peter Lynch
97Pass
Joel Greenblatt
22No pass
Charlie Munger
51No pass
Terry Smith
57No pass
Questions about Nuveen AMT-Free Quality Municipal Income Fund
Is Nuveen AMT-Free Quality Municipal Income Fund a good stock to buy?
A business with weak numbers, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nuveen AMT-Free Quality Municipal Income Fund AI analysis
What does Nuveen AMT-Free Quality Municipal Income Fund do?
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. It invests in the fixed income markets of the United States. It is in Asset Management - Income, based in Chicago, IL, United States.
Does Nuveen AMT-Free Quality Municipal Income Fund pay a dividend?
Yes. At today's price the dividend is 7.4% a year. In 2025 it paid out $260 million in dividends.
Is Nuveen AMT-Free Quality Municipal Income Fund stock halal?
No. Nuveen AMT-Free Quality Municipal Income Fund does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has Nuveen AMT-Free Quality Municipal Income Fund stock done over the past year?
Down 13.3% over the past twelve months, to $10.03. It traded between $9.72 and $11.90 and is 15.7% below its high.
Who are Nuveen AMT-Free Quality Municipal Income Fund's competitors?
The largest listed companies in the same industry are PIMCO Dynamic Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund, Nuveen Preferred & Income Opportunities Fund and PIMCO Corporate & Income Opportunity Fund. The peers table on this page compares their profit, growth and price with Nuveen AMT-Free Quality Municipal Income Fund's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.