Nuveen Quality Municipal Income Fund (NYSE:NAD) recorded an insider purchase by one of its officers early this month. Vice President William A. Siffermann bought 100 shares of the fund's common stock on March 5, 2026, at a price of $12.0562 per share. The total value of the acquisition was $1,205.
The timing of the purchase coincides with the fund's share price trading near its 52-week high of $12.31, while the fund currently offers a dividend yield of 7%. Following the transaction, Siffermann's direct holdings in the fund rose to 1,041.3222 shares.
The transaction was disclosed to regulators the next day. A Form 4 filing with the Securities and Exchange Commission was submitted on March 6, 2026, and the filing was signed on Siffermann's behalf by Mark L. Winget under Power of Attorney.
Additional reporting notes that, according to InvestingPro, the fund has maintained dividend payments for 28 consecutive years. The InvestingPro record also indicates there are six additional ProTips available to subscribers.
The filing and the post-transaction position provide a snapshot of an insider-level purchase that, in absolute dollars, is modest. The facts in the reporting include the trade date of March 5, 2026, the per-share price of $12.0562, the total purchase amount of $1,205, the updated direct ownership of 1,041.3222 shares, the fund's 52-week high of $12.31, and a stated dividend yield of 7%.
Key statistics
- Insider: William A. Siffermann, Vice President
- Shares bought: 100
- Price per share: $12.0562
- Total value: $1,205
- Post-transaction direct ownership: 1,041.3222 shares
- Fund 52-week high: $12.31
- Dividend yield: 7%
- SEC filing: Form 4 reported March 6, 2026; signed by Mark L. Winget under Power of Attorney
- InvestingPro note: 28 consecutive years of dividend payments; six additional ProTips for subscribers
This report presents the transaction as recorded in the Form 4 filing and summarizes available third-party notes from InvestingPro as reported. No additional commentary on motive or strategy was provided in the filings referenced.