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.
Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) Frequently Asked Questions
What is Nuveen Massachusetts Pre Income Mun Fd's stock symbol?
Nuveen Massachusetts Pre Income Mun Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMT."
How often does Nuveen Massachusetts Pre Income Mun Fd pay dividends? What is the dividend yield for Nuveen Massachusetts Pre Income Mun Fd?
Nuveen Massachusetts Pre Income Mun Fd announced a monthly dividend on Monday, February 4th. Shareholders of record on Friday, February 15th will be given a dividend of $0.041 per share on Friday, March 1st. This represents a $0.49 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Thursday, February 14th. View Nuveen Massachusetts Pre Income Mun Fd's Dividend History.
Has Nuveen Massachusetts Pre Income Mun Fd been receiving favorable news coverage?
Media coverage about NMT stock has trended negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nuveen Massachusetts Pre Income Mun Fd earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Nuveen Massachusetts Pre Income Mun Fd's key competitors?
Some companies that are related to Nuveen Massachusetts Pre Income Mun Fd include Putnam Municipal Opportunities Trust (PMO), Blackrock Muniyld California Quty Fd (MCA), MFS Intermediate Income Trust (MIN), Strategic Global Government Fund Inc. Closed-End Fund (RCS), Blackrock Muniyield Quality Fund (MQY), DWS Municipal Income Trust (KTF), VanEck Vectors Biotech ETF (BBH), BlackRock MuniHoldings New Jersey Ins Fn (MUJ), Tekla Life Sciences Investors (HQL), Putnam Managed Municipal Income Trust (PMM), Blackrock Muniholdings New York Qulty Fd (MHN), Blackrock Muniyield Michign Qulty Fd (MIY), MFS Multimarket Income Trust (MMT), BlackRock Income Trust (BKT) and Dreyfus Strategic Municipal Bond Fund (DSM).
Who are Nuveen Massachusetts Pre Income Mun Fd's key executives?
Nuveen Massachusetts Pre Income Mun Fd's management team includes the folowing people:
- Mr. Gifford Ross Zimmerman, Co-Gen. Counsel (Age 63)
- Mr. Stephen D. Foy, Chief Financial Officer, VP and Controller (Age 65)
- Mr. Walter M. Kelly, Chief Compliance Officer and VP (Age 49)
- Mr. Kevin J. McCarthy, VP and Sec. (Age 53)
- Mr. Scott S. Grace, Treasurer and VP (Age 49)
Who are Nuveen Massachusetts Pre Income Mun Fd's major shareholders?
Nuveen Massachusetts Pre Income Mun Fd's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fiera Capital Corp (2.28%), Bank of America Corp DE (0.18%), Tortoise Investment Management LLC (0.17%) and LPL Financial LLC (0.11%).
Which major investors are selling Nuveen Massachusetts Pre Income Mun Fd stock?
NMT stock was sold by a variety of institutional investors in the last quarter, including LPL Financial LLC and Bank of America Corp DE.
Which major investors are buying Nuveen Massachusetts Pre Income Mun Fd stock?
NMT stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp and Tortoise Investment Management LLC.
How do I buy shares of Nuveen Massachusetts Pre Income Mun Fd?
Shares of NMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nuveen Massachusetts Pre Income Mun Fd's stock price today?
One share of NMT stock can currently be purchased for approximately $12.50.
How big of a company is Nuveen Massachusetts Pre Income Mun Fd?
Nuveen Massachusetts Pre Income Mun Fd has a market capitalization of $116.86 million.
MarketBeat Community Rating for Nuveen Massachusetts Pre Income Mun Fd (NYSE NMT)
MarketBeat's community ratings are surveys of what our community members think about Nuveen Massachusetts Pre Income Mun Fd and other stocks. Vote "Outperform" if you believe NMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
