Nuveen New Jersey Quality Municipal Income Fund (NXJ)
Nuveen New Jersey Quality Municipal Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $12.41, up 0.16% on the session, giving a market capitalisation of $511.7M. On trailing twelve-month figures it carries a trailing P/E of -25.85, a net margin of 436.9%. Its beta of 0.66 implies it has historically moved less than the broad market.
Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s (S&P) New Jersey Municipal Bond Index. The fund was formerly known as Nuveen New Jersey Dividend Advantage Municipal Fund. Nuveen New Jersey Quality Municipal Income Fund was formed on June 1, 1999 and is domiciled in the United States.
Nuveen New Jersey Quality Municipal Income Fund is most often compared with the following Financial Services names: