Is Nuveen Quality Municipal Income Fund overvalued?

Nuveen Quality Municipal Income Fund (NAD) looks overvalued — trading about 31% above its fair value.

Overvalued

Price

$12.10

Fair value

$8.32

Current P/E

25.9

Normal P/E

17.8

Market cap

$2.82B

Dividend yield

7.5%

Return on equity

2.3%

Sector

Financial Services

Fair value compares NAD's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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