Nuveen AMT-Free Quality Municipal Income Fund of Benef Interest
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$12.53
$4.04 B
0.00%
1.44%
Vitals
YTD Return
-3.3%
1 yr return
-2.3%
3 Yr Avg Return
-7.8%
5 Yr Avg Return
-3.5%
Net Assets
$4.04 B
Holdings in Top 10
5.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$12.53
$4.04 B
0.00%
1.44%
XNEAX - Profile
Distributions
- YTD Total Return -3.3%
- 3 Yr Annualized Total Return -7.8%
- 5 Yr Annualized Total Return -3.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen AMT-Free Quality Municipal Income Fund of Benef Interest
-
Fund Family NameNuveen
-
Inception DateDec 12, 2002
-
Shares Outstanding299037392
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher Drahn
XNEAX - Performance
Return Ranking - Trailing
Period | XNEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -4.0% | 11.7% | 99.09% |
1 Yr | -2.3% | -4.9% | 33.3% | 99.22% |
3 Yr | -7.8%* | -11.1% | 2.6% | 98.74% |
5 Yr | -3.5%* | -6.2% | 1102.2% | 97.43% |
10 Yr | 1.1%* | -0.5% | 248.3% | 78.91% |
* Annualized
Return Ranking - Calendar
Period | XNEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -1.4% | 41.0% | 5.73% |
2022 | -21.8% | -39.7% | 0.3% | 97.82% |
2021 | -0.9% | -5.6% | 6.9% | 68.39% |
2020 | 2.8% | -2.6% | 310.0% | 9.16% |
2019 | 7.5% | 0.0% | 26.0% | 1.81% |
Total Return Ranking - Trailing
Period | XNEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -4.0% | 11.7% | 99.09% |
1 Yr | -2.3% | -4.9% | 33.3% | 99.22% |
3 Yr | -7.8%* | -11.1% | 2.6% | 98.74% |
5 Yr | -3.5%* | -6.2% | 1102.2% | 97.43% |
10 Yr | 1.1%* | -0.5% | 248.3% | 78.91% |
* Annualized
Total Return Ranking - Calendar
Period | XNEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -1.3% | 41.0% | 74.33% |
2022 | -21.8% | -39.7% | 1.1% | 98.02% |
2021 | -0.9% | -4.8% | 23761504.0% | 97.94% |
2020 | 2.8% | -1.5% | 17057.9% | 78.14% |
2019 | 9.9% | 0.2% | 3514.6% | 2.99% |
NAV & Total Return History
XNEAX - Holdings
Concentration Analysis
XNEAX | Category Low | Category High | XNEAX % Rank | |
---|---|---|---|---|
Net Assets | 4.04 B | 3.22 M | 71.9 B | 9.04% |
Number of Holdings | 1376 | 2 | 13067 | 6.30% |
Net Assets in Top 10 | 377 M | -317 M | 3.56 B | 7.99% |
Weighting of Top 10 | 5.42% | 2.0% | 100.2% | 97.72% |
Top 10 Holdings
- TOBACCO SETTLEMENT FING CORP RHODE IS 15.46% 2.72%
- DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 20.71% 1.67%
- LAS VEGAS VALLEY NEV WTR DIST 5% 0.96%
- GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5% 0.95%
- TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% 0.68%
- BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.66%
- NEW JERSEY ST TRANSN TR FD AUTH 68.17% 0.59%
- METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% 0.56%
- E 470 PUB HWY AUTH COLO REV 0% 0.54%
- E 470 PUB HWY AUTH COLO REV 0% 0.54%
Asset Allocation
Weighting | Return Low | Return High | XNEAX % Rank | |
---|---|---|---|---|
Bonds | 99.75% | 0.00% | 150.86% | 17.27% |
Cash | 0.25% | -50.86% | 46.80% | 83.76% |
Stocks | 0.00% | 0.00% | 99.81% | 94.48% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 84.73% |
Other | 0.00% | -3.18% | 23.38% | 80.31% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 84.80% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XNEAX % Rank | |
---|---|---|---|---|
Municipal | 99.75% | 44.39% | 100.00% | 22.37% |
Cash & Equivalents | 0.25% | 0.00% | 46.24% | 48.28% |
Derivative | 0.00% | -3.18% | 23.38% | 78.82% |
Securitized | 0.00% | 0.00% | 5.93% | 84.21% |
Corporate | 0.00% | 0.00% | 9.41% | 86.04% |
Government | 0.00% | 0.00% | 52.02% | 84.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XNEAX % Rank | |
---|---|---|---|---|
US | 98.43% | 0.00% | 142.23% | 52.31% |
Non US | 1.32% | 0.00% | 23.89% | 7.28% |
XNEAX - Expenses
Operational Fees
XNEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.44% | 0.01% | 20.65% | 18.93% |
Management Fee | 0.45% | 0.00% | 1.20% | 65.71% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
XNEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
XNEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XNEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 0.00% | 283.00% | 32.37% |
XNEAX - Distributions
Dividend Yield Analysis
XNEAX | Category Low | Category High | XNEAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.54% | 99.09% |
Dividend Distribution Analysis
XNEAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
XNEAX | Category Low | Category High | XNEAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.31% | -0.53% | 5.33% | 1.71% |
Capital Gain Distribution Analysis
XNEAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 01, 2019 | $0.054 | OrdinaryDividend |
Jun 03, 2019 | $0.054 | OrdinaryDividend |
May 01, 2019 | $0.054 | OrdinaryDividend |
Apr 01, 2019 | $0.054 | OrdinaryDividend |
Mar 01, 2019 | $0.054 | OrdinaryDividend |
Feb 01, 2019 | $0.054 | OrdinaryDividend |
Dec 31, 2018 | $0.054 | OrdinaryDividend |
Dec 03, 2018 | $0.054 | OrdinaryDividend |
Nov 01, 2018 | $0.054 | OrdinaryDividend |
Oct 01, 2018 | $0.054 | OrdinaryDividend |
Sep 04, 2018 | $0.054 | OrdinaryDividend |
Aug 01, 2018 | $0.054 | OrdinaryDividend |
Jul 02, 2018 | $0.054 | OrdinaryDividend |
Jun 01, 2018 | $0.058 | OrdinaryDividend |
May 01, 2018 | $0.058 | OrdinaryDividend |
Apr 02, 2018 | $0.058 | OrdinaryDividend |
Mar 01, 2018 | $0.058 | OrdinaryDividend |
Feb 01, 2018 | $0.058 | OrdinaryDividend |
Dec 29, 2017 | $0.058 | OrdinaryDividend |
Dec 01, 2017 | $0.058 | OrdinaryDividend |
Nov 01, 2017 | $0.058 | OrdinaryDividend |
Oct 02, 2017 | $0.058 | OrdinaryDividend |
Sep 01, 2017 | $0.062 | OrdinaryDividend |
Aug 01, 2017 | $0.062 | OrdinaryDividend |
Jul 03, 2017 | $0.062 | OrdinaryDividend |
Jun 01, 2017 | $0.062 | OrdinaryDividend |
May 01, 2017 | $0.062 | OrdinaryDividend |
Apr 03, 2017 | $0.062 | OrdinaryDividend |
Mar 01, 2017 | $0.062 | OrdinaryDividend |
Feb 01, 2017 | $0.062 | OrdinaryDividend |
Dec 30, 2016 | $0.062 | OrdinaryDividend |
Dec 01, 2016 | $0.068 | OrdinaryDividend |
Nov 01, 2016 | $0.068 | OrdinaryDividend |
Oct 03, 2016 | $0.046 | ExtraDividend |
Sep 01, 2016 | $0.062 | OrdinaryDividend |
Aug 01, 2016 | $0.062 | OrdinaryDividend |
Jul 01, 2016 | $0.062 | OrdinaryDividend |
Jun 01, 2016 | $0.062 | OrdinaryDividend |
May 02, 2016 | $0.062 | OrdinaryDividend |
Apr 01, 2016 | $0.062 | OrdinaryDividend |
Mar 01, 2016 | $0.062 | OrdinaryDividend |
Feb 01, 2016 | $0.062 | OrdinaryDividend |
Dec 31, 2015 | $0.062 | OrdinaryDividend |
Dec 01, 2015 | $0.062 | OrdinaryDividend |
Nov 02, 2015 | $0.062 | OrdinaryDividend |
Oct 01, 2015 | $0.062 | OrdinaryDividend |
Sep 01, 2015 | $0.064 | OrdinaryDividend |
Aug 03, 2015 | $0.064 | OrdinaryDividend |
Jul 01, 2015 | $0.064 | OrdinaryDividend |
Jun 01, 2015 | $0.068 | OrdinaryDividend |
May 01, 2015 | $0.068 | OrdinaryDividend |
Apr 01, 2015 | $0.068 | OrdinaryDividend |
Mar 02, 2015 | $0.068 | OrdinaryDividend |
Feb 02, 2015 | $0.068 | OrdinaryDividend |
Dec 31, 2014 | $0.068 | OrdinaryDividend |
Dec 01, 2014 | $0.068 | OrdinaryDividend |
Nov 03, 2014 | $0.068 | OrdinaryDividend |
Oct 01, 2014 | $0.068 | OrdinaryDividend |
Sep 02, 2014 | $0.068 | OrdinaryDividend |
Aug 01, 2014 | $0.068 | OrdinaryDividend |
Jul 01, 2014 | $0.068 | OrdinaryDividend |
Jun 02, 2014 | $0.068 | OrdinaryDividend |
May 01, 2014 | $0.068 | OrdinaryDividend |
Apr 01, 2014 | $0.068 | OrdinaryDividend |
Mar 03, 2014 | $0.068 | OrdinaryDividend |
Feb 03, 2014 | $0.068 | OrdinaryDividend |
Dec 31, 2013 | $0.068 | OrdinaryDividend |
Dec 02, 2013 | $0.068 | OrdinaryDividend |
Nov 01, 2013 | $0.068 | OrdinaryDividend |
Oct 01, 2013 | $0.068 | OrdinaryDividend |
Sep 03, 2013 | $0.068 | OrdinaryDividend |
Aug 01, 2013 | $0.068 | OrdinaryDividend |
Jul 01, 2013 | $0.021 | ExtraDividend |
Jun 03, 2013 | $0.068 | OrdinaryDividend |
May 01, 2013 | $0.068 | OrdinaryDividend |
Apr 01, 2013 | $0.068 | OrdinaryDividend |
Mar 01, 2013 | $0.068 | OrdinaryDividend |
Feb 01, 2013 | $0.068 | OrdinaryDividend |
Dec 31, 2012 | $0.068 | OrdinaryDividend |
Dec 03, 2012 | $0.070 | OrdinaryDividend |
Nov 01, 2012 | $0.070 | OrdinaryDividend |
Oct 01, 2012 | $0.070 | OrdinaryDividend |
Sep 04, 2012 | $0.070 | OrdinaryDividend |
Aug 01, 2012 | $0.070 | OrdinaryDividend |
Jul 02, 2012 | $0.070 | OrdinaryDividend |
Jun 01, 2012 | $0.070 | OrdinaryDividend |
May 01, 2012 | $0.070 | OrdinaryDividend |
Apr 02, 2012 | $0.070 | OrdinaryDividend |
Mar 01, 2012 | $0.070 | OrdinaryDividend |
Feb 01, 2012 | $0.070 | OrdinaryDividend |
Dec 30, 2011 | $0.070 | OrdinaryDividend |
Dec 01, 2011 | $0.070 | OrdinaryDividend |
Nov 01, 2011 | $0.070 | OrdinaryDividend |
Oct 03, 2011 | $0.070 | OrdinaryDividend |
Sep 01, 2011 | $0.068 | OrdinaryDividend |
Aug 01, 2011 | $0.068 | OrdinaryDividend |
Jul 01, 2011 | $0.068 | OrdinaryDividend |
Jun 01, 2011 | $0.068 | OrdinaryDividend |
May 02, 2011 | $0.068 | OrdinaryDividend |
Apr 01, 2011 | $0.068 | OrdinaryDividend |
Mar 01, 2011 | $0.068 | OrdinaryDividend |
Feb 01, 2011 | $0.068 | OrdinaryDividend |
Dec 31, 2010 | $0.068 | OrdinaryDividend |
Dec 01, 2010 | $0.068 | OrdinaryDividend |
Nov 01, 2010 | $0.068 | OrdinaryDividend |
Oct 01, 2010 | $0.068 | OrdinaryDividend |
Sep 01, 2010 | $0.068 | OrdinaryDividend |
Aug 02, 2010 | $0.068 | OrdinaryDividend |
Jul 01, 2010 | $0.068 | OrdinaryDividend |
Jun 01, 2010 | $0.068 | OrdinaryDividend |
May 03, 2010 | $0.068 | OrdinaryDividend |
Apr 01, 2010 | $0.068 | OrdinaryDividend |
Mar 01, 2010 | $0.068 | OrdinaryDividend |
Feb 01, 2010 | $0.068 | OrdinaryDividend |
Dec 31, 2009 | $0.068 | OrdinaryDividend |
Dec 01, 2009 | $0.065 | OrdinaryDividend |
Nov 02, 2009 | $0.065 | OrdinaryDividend |
Oct 01, 2009 | $0.065 | OrdinaryDividend |
Sep 01, 2009 | $0.062 | OrdinaryDividend |
Aug 03, 2009 | $0.062 | OrdinaryDividend |
Jul 01, 2009 | $0.062 | OrdinaryDividend |
Jun 01, 2009 | $0.062 | OrdinaryDividend |
May 01, 2009 | $0.059 | OrdinaryDividend |
Apr 01, 2009 | $0.059 | OrdinaryDividend |
Mar 02, 2009 | $0.059 | OrdinaryDividend |
Feb 02, 2009 | $0.059 | OrdinaryDividend |
Dec 31, 2008 | $0.059 | OrdinaryDividend |
Dec 01, 2008 | $0.059 | OrdinaryDividend |
Nov 03, 2008 | $0.059 | OrdinaryDividend |
Oct 01, 2008 | $0.059 | OrdinaryDividend |
Sep 02, 2008 | $0.059 | OrdinaryDividend |
Aug 01, 2008 | $0.059 | OrdinaryDividend |
Jul 01, 2008 | $0.059 | OrdinaryDividend |
Jun 02, 2008 | $0.059 | OrdinaryDividend |
May 01, 2008 | $0.059 | OrdinaryDividend |
Apr 01, 2008 | $0.059 | OrdinaryDividend |
Mar 03, 2008 | $0.059 | OrdinaryDividend |
Feb 01, 2008 | $0.059 | OrdinaryDividend |
Dec 31, 2007 | $0.059 | OrdinaryDividend |
Dec 03, 2007 | $0.059 | OrdinaryDividend |
Nov 01, 2007 | $0.059 | OrdinaryDividend |
Oct 01, 2007 | $0.059 | OrdinaryDividend |
Sep 04, 2007 | $0.059 | OrdinaryDividend |
Aug 01, 2007 | $0.059 | OrdinaryDividend |
Jul 02, 2007 | $0.059 | OrdinaryDividend |
Jun 01, 2007 | $0.059 | OrdinaryDividend |
May 01, 2007 | $0.059 | OrdinaryDividend |
Apr 02, 2007 | $0.059 | OrdinaryDividend |
Mar 01, 2007 | $0.059 | OrdinaryDividend |
Feb 01, 2007 | $0.059 | OrdinaryDividend |
Dec 29, 2006 | $0.059 | OrdinaryDividend |
Dec 01, 2006 | $0.059 | OrdinaryDividend |
Nov 01, 2006 | $0.059 | OrdinaryDividend |
Oct 02, 2006 | $0.059 | OrdinaryDividend |
Sep 01, 2006 | $0.062 | OrdinaryDividend |
Aug 01, 2006 | $0.062 | OrdinaryDividend |
Jul 03, 2006 | $0.062 | OrdinaryDividend |
Jun 01, 2006 | $0.062 | OrdinaryDividend |
May 01, 2006 | $0.062 | OrdinaryDividend |
Apr 03, 2006 | $0.062 | OrdinaryDividend |
Mar 01, 2006 | $0.062 | OrdinaryDividend |
Feb 01, 2006 | $0.062 | OrdinaryDividend |
Dec 30, 2005 | $0.062 | OrdinaryDividend |
Dec 01, 2005 | $0.062 | OrdinaryDividend |
Nov 01, 2005 | $0.062 | OrdinaryDividend |
Oct 03, 2005 | $0.062 | OrdinaryDividend |
Sep 01, 2005 | $0.065 | OrdinaryDividend |
Aug 01, 2005 | $0.065 | OrdinaryDividend |
Jul 01, 2005 | $0.065 | OrdinaryDividend |
Jun 01, 2005 | $0.068 | OrdinaryDividend |
May 02, 2005 | $0.068 | OrdinaryDividend |
Apr 01, 2005 | $0.068 | OrdinaryDividend |
Mar 01, 2005 | $0.071 | OrdinaryDividend |
Feb 01, 2005 | $0.071 | OrdinaryDividend |
Dec 01, 2004 | $0.074 | OrdinaryDividend |
Nov 01, 2004 | $0.074 | OrdinaryDividend |
Oct 01, 2004 | $0.074 | OrdinaryDividend |
Sep 01, 2004 | $0.077 | OrdinaryDividend |
Aug 02, 2004 | $0.077 | OrdinaryDividend |
Jul 01, 2004 | $0.077 | OrdinaryDividend |
Jun 01, 2004 | $0.077 | OrdinaryDividend |
May 03, 2004 | $0.077 | OrdinaryDividend |
Apr 01, 2004 | $0.077 | OrdinaryDividend |
Mar 01, 2004 | $0.077 | OrdinaryDividend |
Feb 02, 2004 | $0.077 | OrdinaryDividend |
Dec 01, 2003 | $0.077 | OrdinaryDividend |
Nov 03, 2003 | $0.077 | OrdinaryDividend |
Oct 01, 2003 | $0.077 | OrdinaryDividend |
Sep 02, 2003 | $0.077 | OrdinaryDividend |
Aug 01, 2003 | $0.077 | OrdinaryDividend |
Jul 01, 2003 | $0.077 | OrdinaryDividend |
Jun 02, 2003 | $0.077 | OrdinaryDividend |
May 01, 2003 | $0.077 | OrdinaryDividend |
Apr 01, 2003 | $0.077 | OrdinaryDividend |
Mar 03, 2003 | $0.077 | OrdinaryDividend |
Feb 03, 2003 | $0.077 | OrdinaryDividend |
XNEAX - Fund Manager Analysis
Managers
Christopher Drahn
Start Date
Tenure
Tenure Rank
Aug 22, 2016
5.78
5.8%
Chris manages tax-exempt fixed income portfolios, including the Short Term Municipal Bond, the Colorado Municipal Bond, the Minnesota Municipal Bond, the Minnesota Intermediate Municipal Bond and the Missouri Municipal Bond products and related institutional portfolios. He also oversees various closed-end funds.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |