NAD Trustee Young L Robert Sells $338K of Stock
Key Points
- Trustee Young L Robert sold 32,727 shares of Nuveen Quality Municipal Income Fund on October 16, 2026, for about $337,742.
- The transaction was filed with the SEC on a Form 4, reducing the trustee's holding to zero shares.
- Nuveen Quality Municipal Income Fund recently traded around $10.43, sitting below its 50-day and 200-day moving averages.
Since the trade, $NAD is up 0.8% to date (from the $10.36 close on Oct 16, 2026).
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Young L Robert, a trustee of Nuveen Quality Municipal Income Fund NAD, sold 32,727 shares of the fund on October 16, 2026. The shares were sold at a price of $10.32 each, bringing the total value of the transaction to $337,742.64. According to a Form 4 filing with the Securities and Exchange Commission, the sale completely closed out the trustee's position, leaving zero shares remaining in the account.
NAD
Nuveen Quality Municipal Income Fund
Young L Robert vs. the S&P 500
Hypothetical returns from Young L Robert's disclosed trades, not real profit or advice. How we model this.
Inside Young L Robert's NAD Trade
The trade executed on October 16, 2026, when the closed-end fund closed at $10.36 per share. The transaction code for the sale was 'S', indicating an open-market disposition of shares. By offloading the entire remaining stake of 32,727 shares, the trustee cut their ownership percentage by 100%.
Other Institutional Activity in Nuveen Quality Municipal Income Fund
Other large institutional investors adjusted their positions in the fund during recent reporting periods. Guggenheim Capital, LLC grew its holdings by 551,700 shares, ending with 3,620,112 shares worth about $37,757,769 after an 18.0% increase. Wells Fargo & Company grew its holdings by 290,475 shares, ending with 2,790,256 shares worth about $29,102,370 after an 11.6% increase. Raymond James Financial, Inc. reduced its holdings by 562,261 shares, ending with 2,071,280 shares worth about $21,603,451 following a 21.4% decrease. Hennion & Walsh Asset Management, Inc. grew its holdings by 271,195 shares, ending with 1,644,333 shares worth about $17,150,393 after a 19.8% increase. Ameriprise Financial, Inc. grew its holdings by 148,858 shares, ending with 1,375,036 shares worth about $14,341,625 following a 12.1% increase.
Nuveen Quality Municipal Income Fund Stock Up 0.7%
Shares recently traded near $10.43, which is up about 0.7% from the event-day close of $10.36. The stock trades below its 50-day moving average of $10.92 and below its 200-day moving average of $11.65. Over the past year, the fund has traded as low as $9.66 and as high as $12.31.
Recent Earnings
Nuveen Quality Municipal Income Fund reported trailing-twelve-month revenue of $228,679,536 and earnings per share of $0.79.
Dividend
The fund pays an annual dividend rate of $0.85 per share, translating to a dividend yield of 8.17%.
Insider Buying and Selling at Nuveen Quality Municipal Income Fund
Earlier in the year, Bank of America Corp sold 6,374 shares on January 2, 2026, at $11.99 per share for $76,434, and bought 6,374 shares the same day at $12.00 per share for $76,520. Officer William A Siffermann bought 100 shares on March 5, 2026, at $12.06 per share for $1,206. Trustee Terence J Toth bought 7,090.3711 shares on October 14, 2026, at $10.13 per share for $71,799.93.
Analysts Set New Price Targets
Analyst coverage and price targets are not currently tracked or provided for this specific closed-end municipal income fund.
About Nuveen Quality Municipal Income Fund
Nuveen Quality Municipal Income Fund is a closed-end fixed income mutual fund managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests primarily in undervalued municipal securities across the United States, generating income that is exempt from regular federal income taxes.
Bottom Line
Trustee Young L Robert's complete exit leaves no remaining shares in that specific insider account. Investors typically monitor insider transactions alongside fund distributions, net asset value discounts, and broader municipal bond market conditions to gauge sentiment.
Related Filing Alerts
Source: Young L Robert's Form 4 filing on $NAD (Oct 16, 2026). Written by software, not financial advice. How we make alerts