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Nuveen Arizona Quality Municipal Income Fund (NAZ)

Single State Muni Bond Funds - One Fund States

Data as of Dec. 6, 2024
Current
Market Price $12.32 (- $0.03)
NAV (Dec. 6, 2024) $12.59 (+ $0.02)
Fund Listed NYSE
Premium / Discount -2.14% (-0.39%)
Fund Info
Inception Nov. 19, 1992
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone 800-257-8787
NAV Symbol XNAZX
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from regular federal income taxes and Arizona individual income taxes; investment grade municipal securities
Related Indexes
State Municipal Index (Non NY/CA)
Capital & Leverage
Outstanding Shares 11,590,366
Total Assets (Reported: Sept. 30, 2024) $235M
Estimated Total Assets $236M
Net Assets $146M
Market Cap $143M
Portfolio Turnover 9.00%
Total Leverage 38.16%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.76%
Non Lev Exp Ratio 1.11%
Rel Lev Cost 4.34%
Discount Data
Average Discount (3 Yr) -7.47%
Discount Low(3 Yr) -17.70%
Discount High(3 Yr) 11.64%
Discount Rel Range (3 Yr) 53.03%
Comp Discount 2.05
Discount St Dev (1Yr) 4.00
Z-Stat
Z-Stat (6mo) 1.83
Z-Stat (1Yr) 2.10
Z-Stat (3Yr) 0.74
Comp Z-Stat (6mo) 0.76
Comp Z-Stat (3Yr) 0.24
Distribution Data
Market Yield 7.06%
Income Yield 7.06%
Lev Adj NAV Yield 5.00%
Distribution Frequency M
Current Distribution $0.073
Current Income $0.073
Ex-Date 12/13/24
Payable Date 12/31/24
Div Growth (3yr) 45.00%
Dividend Change 70.6% on 6/3/24
Expected Div 1/2/25
RoC (1yr) 35.76%
RoC (3yr) 15.31%
Tax Dividend Data 2023
Income 0%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 3.1%
Volume & Liquidity
Average Daily $ (K) $476
Avg Volume 30 day 38,785
Avg Volume 90 day 38,633
Volume Trend 0.39%
Comp Volume Trend 6.28%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
36.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
51.0%
Price Correlation (1yr)
vs. CEFA's State Municipal Index (Non NY/CA)
82.0%
Most Correlated Peer (Mk Pr): NMT 80.0%
NAV - Price Correlation (30 d) 90.6%
NAV - Price Correlation (90 d) 8.1%
NAV - Price Correlation (1 Yr) 5.3%
Price St Dev (1Yr) 9.4%
NAV St Dev (1Yr) 5.1%
Earnings
Earnings / Share (10/31/24) $0.030
Earn Coverage 40.97%
Earnings Trend Up
UNII / Share (10/31/24) $-0.302
Rel UNII -34.75
UNII Trend Down
Bond Specific Data
Maturity 17.65
Duration 12.40
Credit Rating (rbo) AA
Investment Grade 83.80%
Non Investment Grade 5.50%
Unrated Bonds 10.70%
Average Bond Price 99.65
Discount vs Price -2.49
Coupon 4.76%
Zero Coupon 1.60%
AMT 3.19%
AMT Yield 7.00%
Bond Calls Risk 16.20%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.82
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.54
NAV Beta (2yr)
vs. CEFA's State Municipal Index (Non NY/CA)
0.90

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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