NAD: Recent Double-Digit Pop, But Still Offering Value

Core Insights - The article evaluates the Nuveen Quality Muni Income Fund (NAD) as a potential investment option at its current market price, highlighting its multi-state, closed-end fund structure and investment objectives [1]. Group 1: Investment Strategy - The fund targets safe and reliable yields, aiming for approximately 8% returns through high-yield opportunities in the closed-end fund (CEF) and exchange-traded fund (ETF) space [1]. - The majority of holdings in the fund are monthly-payers, which facilitates faster compounding and provides steady income streams for investors [1]. Group 2: Analyst Background - The analyst has 15 years of experience in financial services, focusing on macro analysis and identifying undervalued sectors and thematic investment ideas [1]. - The analyst co-manages a seven-figure investment account and emphasizes the importance of diligent saving and investing [1].