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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen AMT-Free Quality Municipal Income Fund of Benef Interest

XNEAX | Fund

$12.48

$4.04 B

0.00%

1.44%

Vitals

YTD Return

-3.7%

1 yr return

3.1%

3 Yr Avg Return

-7.6%

5 Yr Avg Return

-4.3%

Net Assets

$4.04 B

Holdings in Top 10

5.4%

52 WEEK LOW AND HIGH

$12.4
N/A
N/A

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 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen AMT-Free Quality Municipal Income Fund of Benef Interest

XNEAX | Fund

$12.48

$4.04 B

0.00%

1.44%

XNEAX - Profile

Distributions

  • YTD Total Return -3.7%
  • 3 Yr Annualized Total Return -7.6%
  • 5 Yr Annualized Total Return -4.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen AMT-Free Quality Municipal Income Fund of Benef Interest
  • Fund Family Name
    Nuveen
  • Inception Date
    Dec 12, 2002
  • Shares Outstanding
    299037392
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Drahn

XNEAX - Performance

Return Ranking - Trailing

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -4.6% 33.0% 99.80%
1 Yr 3.1% -0.1% 38.0% 98.20%
3 Yr -7.6%* -10.8% 3.4% 98.98%
5 Yr -4.3%* -6.7% 1104.0% 98.60%
10 Yr 0.4%* -0.9% 248.8% 95.02%

* Annualized

Return Ranking - Calendar

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -1.4% 41.0% 6.01%
2022 -21.8% -39.7% 0.3% 97.76%
2021 -0.9% -5.6% 6.9% 69.37%
2020 2.8% -2.6% 310.0% 9.52%
2019 7.5% 0.0% 26.0% 1.86%

Total Return Ranking - Trailing

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -4.6% 33.0% 99.80%
1 Yr 3.1% -0.1% 38.0% 98.20%
3 Yr -7.6%* -10.8% 3.4% 98.98%
5 Yr -4.3%* -6.7% 1104.0% 98.60%
10 Yr 0.4%* -0.9% 248.8% 95.02%

* Annualized

Total Return Ranking - Calendar

Period XNEAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -1.3% 41.0% 75.22%
2022 -21.8% -39.7% 1.1% 97.97%
2021 -0.9% -4.8% 23761504.0% 97.95%
2020 2.8% -1.5% 17057.9% 77.90%
2019 9.9% 0.2% 3514.6% 3.07%

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 8.93%
Number of Holdings 1376 4 13418 6.26%
Net Assets in Top 10 377 M -317 M 3.09 B 8.39%
Weighting of Top 10 5.42% 1.8% 100.3% 96.07%

Top 10 Holdings

  1. TOBACCO SETTLEMENT FING CORP RHODE IS 15.46% 2.72%
  2. DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 20.71% 1.67%
  3. LAS VEGAS VALLEY NEV WTR DIST 5% 0.96%
  4. GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5% 0.95%
  5. TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% 0.68%
  6. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.66%
  7. NEW JERSEY ST TRANSN TR FD AUTH 68.17% 0.59%
  8. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% 0.56%
  9. E 470 PUB HWY AUTH COLO REV 0% 0.54%
  10. 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% 29.29%
Cash 		0.25% -50.86% 44.62% 75.62%
Stocks 		0.00% 0.00% 99.78% 79.16%
Preferred Stocks 		0.00% 0.00% 0.07% 76.35%
Other 		0.00% -3.69% 51.88% 75.28%
Convertible Bonds 		0.00% 0.00% 0.93% 75.99%

Bond Sector Breakdown

Weighting Return Low Return High XNEAX % Rank
Municipal 		99.75% 44.39% 100.00% 22.54%
Cash & Equivalents 		0.25% 0.00% 44.41% 45.64%
Derivative 		0.00% -3.69% 51.88% 88.34%
Securitized 		0.00% 0.00% 5.93% 76.72%
Corporate 		0.00% 0.00% 9.41% 78.66%
Government 		0.00% 0.00% 52.02% 78.80%

Bond Geographic Breakdown

Weighting Return Low Return High XNEAX % Rank
US 		98.43% 0.00% 142.23% 59.43%
Non US 		1.32% 0.00% 23.89% 4.53%

XNEAX - Expenses

Operational Fees

XNEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.44% 0.01% 8.02% 18.13%
Management Fee 0.45% 0.00% 1.20% 62.32%
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% 30.94%

XNEAX - Distributions

Dividend Yield Analysis

XNEAX Category Low Category High XNEAX % Rank
Dividend Yield 0.00% 0.00% 14.51% 97.80%

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% 1.75%

Capital Gain Distribution Analysis

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

Distributions History

View More +

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 7.35 1.58

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