XNEAX: Nuveen AMT-Free Quality Muni Inc

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XNEAX Nuveen AMT-Free Quality Muni Inc


Profile

XNEAX - Profile

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $4.37 B
  • Holdings in Top 10 5.7%

52 WEEK LOW AND HIGH

$15.65
$13.29
$16.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.40%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Closed-end mutual fund
  • Investment Style Muni National Long

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen AMT-Free Quality Muni Inc
  • Fund Family Name
    Nuveen
  • Inception Date
    Nov 22, 2002
  • Shares Outstanding
    278590267
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Drahn

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Categories

Performance

XNEAX - Performance

Return Ranking - Trailing

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -31.9% 954.9% 71.49%
1 Yr 0.3% -28.2% 948.2% 76.59%
3 Yr 1.1%* -18.4% 120.9% 45.23%
5 Yr 1.2%* -9.1% 60.6% 29.55%
10 Yr 0.3%* -5.2% 14.4% 42.87%

* Annualized

Return Ranking - Calendar

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.5% -5.8% 20.3% 7.81%
2018 -4.7% -29.6% 4.6% 86.97%
2017 5.1% -6.0% 15.8% 1.49%
2016 -4.6% -7.8% 15.0% 97.39%
2015 -0.3% -11.6% 3.0% 24.34%

Total Return Ranking - Trailing

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -31.9% 954.9% 71.49%
1 Yr 0.3% -28.2% 948.2% 76.59%
3 Yr 1.1%* -18.4% 120.9% 49.22%
5 Yr 1.2%* -9.1% 60.6% 37.20%
10 Yr 0.3%* -5.2% 16.1% 58.33%

* Annualized

Total Return Ranking - Calendar

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.5% -5.8% 20.3% 7.81%
2018 -4.7% -29.6% 4.6% 89.21%
2017 5.1% -6.0% 15.8% 2.77%
2016 -4.6% -7.8% 15.0% 97.45%
2015 -0.3% -9.9% 3.0% 31.18%

NAV & Total Return History


Holdings

XNEAX - Holdings

Concentration Analysis

XNEAX Category Low Category High XNEAX % Rank
Net Assets 4.37 B 619 K 88.4 B 13.51%
Number of Holdings 1258 1 10083 11.21%
Net Assets in Top 10 384 M -202 M 26.9 B 20.91%
Weighting of Top 10 5.66% 2.6% 100.0% 98.02%

Top 10 Holdings

  1. TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% 0.71%
  2. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.68%
  3. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% 0.60%
  4. E 470 PUB HWY AUTH COLO REV 0% 0.58%
  5. E 470 PUB HWY AUTH COLO REV 0% 0.57%
  6. SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5% 0.53%
  7. SALEM ORE HOSP FAC AUTH REV 4% 0.52%
  8. LOWER ALA GAS DIST GAS PROJ REV 5% 0.50%
  9. GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5% 0.48%
  10. DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV 5% 0.48%

Asset Allocation

Weighting Return Low Return High XNEAX % Rank
Bonds
99.14% 78.92% 199.79% 25.00%
Other
0.61% -9.30% 31.94% 4.14%
Cash
0.26% -128.23% 19.68% 78.81%
Stocks
0.00% -4.99% 21.62% 82.90%
Preferred Stocks
0.00% -0.17% 22.02% 85.71%
Convertible Bonds
0.00% 0.00% 9.45% 90.40%

Bond Sector Breakdown

Weighting Return Low Return High XNEAX % Rank
Municipal
99.74% 0.00% 100.06% 9.47%
Cash & Equivalents
0.26% -26.49% 93.17% 88.65%
Derivative
0.00% 0.00% 39.43% 85.62%
Securitized
0.00% 0.00% 97.53% 91.82%
Corporate
0.00% 0.00% 99.00% 93.29%
Government
0.00% -2.21% 99.96% 92.92%

Bond Geographic Breakdown

Weighting Return Low Return High XNEAX % Rank
US
98.61% 49.78% 199.79% 15.72%
Non US
0.53% -12.10% 39.65% 74.45%

Expenses

XNEAX - Expenses

Operational Fees

XNEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.40% 0.01% 34.57% 3.31%
Management Fee 0.45% 0.00% 1.60% 73.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XNEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

XNEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 8.00% 0.00% 496.90% 5.04%

Distributions

XNEAX - Distributions

Dividend Yield Analysis

XNEAX Category Low Category High XNEAX % Rank
Dividend Yield 0.00% 0.00% 3.89% 81.48%

Dividend Distribution Analysis

XNEAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

XNEAX Category Low Category High XNEAX % Rank
Net Income Ratio 4.41% -0.81% 6.02% 1.07%

Capital Gain Distribution Analysis

XNEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

XNEAX - Fund Manager Analysis

Managers

Christopher Drahn


Start Date

Tenure

Tenure Rank

Aug 22, 2016

4.03

4.0%

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
0.04 33.3 7.05 0.17