Nuveen Massachusetts Quality Munici... (NMT)

$10.72

-0.03 (-0.28%)
Rating:
Recommendation:
-
Symbol NMT
Price $10.72
Beta 0.308
Volume Avg. 0.01M
Market Cap 99.960M
Shares () -
52 Week Range 10.5-16.0
1y Target Est -
DCF Unlevered NMT DCF ->
DCF Levered NMT LDCF ->
ROE -
ROA -
Operating Margin -
Debt / Equity 55.99% Buy
P/E 20.23 Strong Buy
P/B 0.71 Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Financial Services
Asset Management
New York Stock Exchange

Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Massachusetts Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.