Nuveen Massachusetts Quality Municipal Income Fund (NMT) Stock Price, News & Analysis

Company Overview

The Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) is a closed-end management investment company that seeks to provide income exempt from federal and Massachusetts state income taxes by investing primarily in investment-grade municipal debt securities. The fund concentrates on high-quality bonds issued by or on behalf of the Commonwealth of Massachusetts and its municipalities, authorities and instrumentalities. Its portfolio typically includes general obligation and revenue bonds financing essential public projects in sectors such as transportation, education, health care and infrastructure.

Established in 1994, NMT is managed by Nuveen Asset Management, a leading global manager in the municipal bond market and a subsidiary of TIAA. The fund is overseen by a board of trustees and a dedicated team of municipal debt specialists who employ rigorous credit analysis, risk management and proprietary research. This active management process is designed to identify attractive opportunities while maintaining a disciplined focus on credit quality and tax-efficient income generation.

While the fund’s primary mandate is to invest at least 80% of its assets in Massachusetts municipal securities, it maintains flexibility to allocate a portion of assets to high-quality bonds from other states and to employ derivative instruments for portfolio hedging and yield enhancement. This approach allows portfolio managers to respond to evolving interest rate environments, credit developments and market dislocations while seeking to preserve capital and deliver consistent income.

Trading on the NYSE, NMT offers investors the potential benefits of monthly distributions and professional asset management within a closed-end structure that may trade at premiums or discounts to net asset value. Its Massachusetts-focused strategy and Nuveen’s municipal credit expertise make the fund a compelling option for individual and institutional investors seeking state-specific, tax-advantaged income in a diversified fixed income allocation.

Key Stats

• Today's Range: $11.57 to $11.67
• 50-Day Range: $11.58 to $12.19
• 52-Week Range: $10.90 to $12.33
• Volume: 9,583 shs
• Average Volume: 24,171 shs
• Market Capitalization: $108.08 million
• P/E Ratio: N/A
• Dividend Yield: 4.32%
• Price Target: N/A
• Consensus Rating: N/A

NMT Stock Analysis - Frequently Asked Questions

How have NMT shares performed this year?

Nuveen Massachusetts Quality Municipal Income Fund's stock was trading at $11.50 at the beginning of the year. Since then, NMT shares have increased by 0.7% and is now trading at $11.5840.

How were Nuveen Massachusetts Quality Municipal Income Fund's earnings last quarter?

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) issued its earnings results on Friday, March, 9th. The financial services provider reported $0.01 earnings per share for the quarter.

Who are Nuveen Massachusetts Quality Municipal Income Fund's major shareholders?

Nuveen Massachusetts Quality Municipal Income Fund's top institutional shareholders include PFG Investments LLC (0.22%) and ST Germain D J Co. Inc. (0.04%).
View institutional ownership trends.

How do I buy shares of Nuveen Massachusetts Quality Municipal Income Fund?

Shares of NMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Nuveen Massachusetts Quality Municipal Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nuveen Massachusetts Quality Municipal Income Fund investors own include Paychex (PAYX), Verizon Communications (VZ), General Motors (GM), Huntington Bancshares (HBAN), Invesco (IVZ), Morgan Stanley (MS) and NIO (NIO).

Company Calendar

• Last Earnings: 3/09/2018
• Record date for 7/1 Dividend: 6/13/2025
• Ex-Dividend for 7/1 Dividend: 6/13/2025
• Dividend Payable: 7/01/2025
• Record date for 8/1 Dividend: 7/15/2025
• Ex-Dividend for 8/1 Dividend: 7/15/2025
• Today: 7/19/2025
• Dividend Payable: 8/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST FUND
• Sub-Industry: Financial Services
• Current Symbol: NYSE:NMT
• CIK: 897419
• Web: www.nuveen.com
• Phone: 312-917-7700
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $7.20 million
• Price / Sales: 15.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 9,332,000
• Free Float: N/A
• Market Cap: $108.10 million
• Optionable: Not Optionable
• Beta: 0.51