Nuveen Ohio Quality Municipal Income Fund (NUO)
12.38
-0.04
(-0.32%)
USD |
NYSE |
Mar 23, 13:30
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.50% | -14.17% | 263.77M | 25085.43 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 3.43% | 14.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The primary objective of the Fund is current income exempt from both regular federal income taxes and Ohio personal income taxes. The secondary objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal, Ohio state, and local income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB or better by S&P, Moody's, or Fitch) or, if they are unrated, are judged by the manager to be of comparable quality. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni Ohio |
| Category Index | Bloomberg Municipal 10 Yr 8-12 TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| S&P Municipal Bond TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Daniel Close | 16.59 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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1 Year
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-280.78M
Category Low
12.77M
Category High
3 Months
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3 Years
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6 Months
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5 Years
% Rank:
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YTD
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10 Years
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Date Unavailable
Risk
Performance Versus Category
As of March 22, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 22, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
OHIO ST TPK COMMN TPK REV 5%
|
3.97% | -- | -- |
|
FRANKLIN CNTY OHIO SALES TAX REV 5%
|
3.22% | -- | -- |
|
FRANKLIN CNTY OHIO CONVENTION FACS AUTH 5%
|
2.68% | -- | -- |
|
TOLEDO OHIO WTRWKS REV 5%
|
2.64% | -- | -- |
|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
|
2.21% | -- | -- |
|
CINCINNATI OHIO WTR SYS REV 5%
|
2.18% | -- | -- |
|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%
|
2.16% | -- | -- |
|
CLEVELAND OHIO INCOME TAX REV 5%
|
2.02% | -- | -- |
|
OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 5%
|
1.77% | -- | -- |
|
OHIO ST HOSP FAC REV 4%
|
1.61% | -- | -- |
News
Headline
Wire
Time (ET)
Yahoo
03/10 16:15
Basic Info
| Investment Strategy | |
| The primary objective of the Fund is current income exempt from both regular federal income taxes and Ohio personal income taxes. The secondary objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal, Ohio state, and local income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB or better by S&P, Moody's, or Fitch) or, if they are unrated, are judged by the manager to be of comparable quality. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni Ohio |
| Category Index | Bloomberg Municipal 10 Yr 8-12 TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| S&P Municipal Bond TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Daniel Close | 16.59 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-23-23) | 3.43% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.55% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of January 31, 2023
Fund Details
| Key Dates | |
| Inception Date | 10/17/1991 |
| Last Annual Report Date | 2/28/2022 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Yahoo
03/10 16:15