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William A. Siffermann, Vice President of Nuveen Quality Municipal Income Fund (NYSE:NAD), recently acquired 300 shares of the company’s common stock. The transaction, dated March 21, 2025, was executed at a price of $11.6056 per share, amounting to a total purchase value of $3,481. Following this acquisition, Siffermann’s direct ownership in the fund increased to 724.324 shares. This transaction was documented in a recent SEC Form 4 filing.
The insider purchase comes as NAD, with a market capitalization of $2.71 billion, maintains its track record of 27 consecutive years of dividend payments. The fund currently offers a substantial 7.79% dividend yield and demonstrates relatively low volatility with a beta of 0.53. InvestingPro analysis reveals 6 additional key insights about NAD’s financial health and market position.
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