US · NEA
Nuveen AMT-Free Quality Municipal Income Fund
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Chicago, IL 60606-1220
- Website
- nuveen.com
Price · as of 2025-10-31
$11.47
Market cap 3.54B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $24.82 | +116.39% |
| Intrinsic Value(DCF) | $4.64 | -59.55% |
| Graham-Dodd Method(GD) | $0.11 | -99.04% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $6.67 | $25.33 | $12.26 | $5.19 | $0.00 |
| 2012 | $7.48 | $35.45 | $0.00 | $11.06 | $310.71 |
| 2013 | $6.40 | $328.37 | $0.00 | $1.44 | $431.57 |
| 2014 | $7.73 | $67.94 | $7.68 | $13.90 | |
| 2015 | $8.08 | $23.71 | $13.92 | $5.21 | $0.00 |
| 2016 | $8.15 | $25.58 | $13.29 | $12.18 | $0.82 |
| 2017 | $8.92 | $41.23 | $0.00 | $6.01 | $95.25 |
| 2018 | $8.72 | $24.35 | $0.00 | $2.76 | $28.34 |
| 2019 | $10.30 | $282.91 | $1.25 | $16.27 | |
| 2020 | $11.20 | $29.08 | $4.69 | $4.17 | $0.00 |
| 2021 | $11.80 | $25.17 | $4.23 | $5.03 | $5.36 |
| 2022 | $9.26 | $26.73 | $0.00 | $0.00 | $108.52 |
| 2023 | $9.44 | $37.50 | $0.00 | $5.22 | $8.18 |
| 2024 | $10.31 | $46.13 | $0.00 | $12.19 | $612.11 |
| 2025 | $11.60 | $24.82 | $0.00 | $0.11 | $0.00 |
AI valuation
Our deep-learning model estimates Nuveen AMT-Free Quality Municipal Income Fund's (NEA) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $24.82
- Current price
- $11.47
- AI upside
- +116.39%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$4.64
-59.55% upside
Graham-Dodd
$0.11
-99.04% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NEA | Nuveen AMT-Free Quality M… | $11.47 | 3.54B | +116% | -60% | -99% | — | 42.23 | 0.98 | 14.57 | 37.21 | — | 0.98 | 80.83% | 66.20% | 34.49% | 2.27% | 2.60% | 1.34% | 0.69 | 2.09 | 0.00 | 3.75 | 15.35 | -8586.00% | -5944.00% | -2642.00% | 3.40% | 3.51 | 1.94% | 7.51% | 317.20% | 9.31% | 37.21 | 49.80 | 24.63 | 0.90 |
| JPC | Nuveen Preferred & Income… | $8.21 | 2.93B | +295% | -62% | -98% | +396% | 10.14 | 0.98 | 8.23 | 12.09 | — | 0.98 | 88.26% | 108.04% | 81.16% | 9.74% | 8.61% | 6.00% | 0.59 | — | 0.16 | 0.19 | 4.54 | -3529.00% | 4653.00% | -34782.00% | 7.74% | 0.37 | 5.07% | 9.97% | 101.00% | 9.97% | 12.09 | 20.52 | 13.06 | 1.04 |
| NAD | Nuveen Quality Municipal … | $12.27 | 2.86B | +83% | -61% | -99% | -81% | 42.99 | 0.98 | 13.67 | 33.72 | — | 0.98 | 86.34% | 69.73% | 31.79% | 2.23% | 2.88% | 1.30% | 0.71 | 1.95 | 0.00 | 4.35 | 14.12 | -8600.00% | 32.00% | 3457.00% | 4.01% | 5.02 | 2.26% | 7.49% | 321.80% | 8.93% | 33.72 | 42.95 | 23.52 | 0.88 |
| NVG | Nuveen AMT-Free Municipal… | $13.30 | 2.84B | +64% | -59% | -100% | — | 47.17 | 0.97 | 12.50 | 36.26 | — | 0.97 | 86.34% | 59.22% | 26.51% | 2.01% | 2.67% | 1.18% | 0.70 | 2.18 | 2.45 | 2.45 | 15.15 | -8962.00% | -1357.00% | 519.00% | 6.19% | 3.89 | 3.49% | 7.52% | 354.90% | 8.33% | 36.26 | 27.75 | 21.48 | 0.94 |
| NZF | Nuveen Municipal Credit I… | $12.95 | 2.51B | +94% | -61% | -100% | — | 41.47 | 0.98 | 11.79 | 33.55 | — | 0.98 | 87.35% | 59.05% | 28.42% | 2.30% | 2.91% | 1.37% | 0.68 | 1.93 | 0.00 | 5.88 | 13.86 | -8712.00% | -5451.00% | -6632.00% | 2.75% | 2.58 | 1.60% | 7.59% | 315.00% | 7.59% | 33.55 | 61.14 | 19.81 | 0.91 |
About Nuveen AMT-Free Quality Municipal Income Fund
Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.
- CEO
- William C. Adams IV
- Employees
- 0
- Beta
- 0.74
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($4.64 ÷ $11.47) − 1 = -59.55% (DCF, example).