NAD - Nuveen Div Advtg Muni Fd

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Nuveen Quality Municipal Income Fund, a closed-ended fixed income mutual fund, was launched by Nuveen Investments, Inc. and is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund invests in the fixed income markets across the United States, focusing on undervalued municipal securities and related investments that are exempt from regular federal income taxes. Targeting investment-grade securities, the fund typically invests in bonds with an average maturity of around 18 years.

Utilizing a fundamental analysis strategy, Nuveen Quality Municipal Income Fund employs a bottom-up approach to select securities for its portfolio. This method involves meticulous stock picking to identify and invest in high-quality, undervalued opportunities. The fund's investment strategy is designed to provide investors with a stable, tax-exempt income stream by focusing on investment-grade securities.

The fund benchmarks its performance against the Standard & Poor's (S&P) indices, ensuring its returns are measured against established market standards. This benchmarking helps in maintaining transparency and accountability in the fund's performance, aligning it with broader market trends and investor expectations. Formerly known as the Nuveen Dividend Advantage Municipal Fund, the rebranding to Nuveen Quality Municipal Income Fund reflects its commitment to high-quality investments.

Established on January 15, 1999, and domiciled in the United States, Nuveen Quality Municipal Income Fund leverages the extensive expertise of its co-managers to navigate the complexities of the municipal bond market. With a long-standing history and a focus on delivering tax-advantaged income, the fund continues to be a prominent choice for investors seeking stable and reliable fixed income investments.

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