Nuveen Arizona Quality Municipal Income FundNAZ
Market Cap: $136M
About: Nuveen Arizona Quality Municipal Income Fund is a closed-end management investment company. Its primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes. The fund's secondary objective is to enhance the portfolio value relative to the Arizona municipal bond market through investments in tax-exempt Arizona Municipal Obligations that, in the opinion of the Fund's investment adviser, are underrated or undervalued or represent municipal market sectors that are undervalued.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
1.21% less ownership
Funds ownership: 15.72% [Q1] → 14.51% (-1.21%) [Q2]
6% less funds holding
Funds holding: 34 [Q1] → 32 (-2) [Q2]
6% less capital invested
Capital invested by funds: $20M [Q1] → $18.8M (-$1.21M) [Q2]
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Research analyst outlook
We haven’t received any recent analyst ratings for NAZ.