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Nuveen Arizona Quality Municipal Income Fund (NAZ)

Single State Muni Bond Funds - One Fund States

Data as of May 17, 2024
Market Price $10.87 ( $0.00)
NAV (May 17, 2024) $12.52 (- $0.02)
Fund Listed NYSE
Premium / Discount -13.18% (+0.14%)
Fund Info
Inception Nov. 19, 1992
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone 800-257-8787
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: March 30, 2024) $234M
Estimated Total Assets $233M
Net Assets $145M
Market Cap $126M
Portfolio Turnover 4.00%
Total Leverage 37.66%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.75%
Non Lev Exp Ratio 1.11%
Rel Lev Cost 4.37%
Discount Data
Average Discount (3 Yr) -5.35%
Discount Low(3 Yr) -17.70%
Discount High(3 Yr) 11.64%
Discount Rel Range (3 Yr) 15.42%
Comp Discount -0.24
Discount St Dev (1Yr) 1.11
Z-Stat (6mo) 1.28
Z-Stat (1Yr) 1.36
Z-Stat (3Yr) -0.94
Comp Z-Stat (6mo) 0.10
Comp Z-Stat (3Yr) -0.10
Distribution Data
Market Yield 4.69%
Income Yield 4.69%
Lev Adj NAV Yield 2.96%
Distribution Frequency M
Current Distribution $0.043
Current Income $0.043
Ex-Date 5/14/24
Payable Date 6/3/24
Div Growth (3yr) -15.00%
Dividend Change 21.4% on 3/1/24
Expected Div 6/3/24
RoC (1yr) 1.98%
RoC (3yr) 0.90%
Tax Dividend Data 2023
Income 0%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 3.1%
Volume & Liquidity
Average Daily $ (K) $186
Avg Volume 30 day 20,626
Avg Volume 90 day 17,154
Volume Trend 20.24%
Comp Volume Trend 25.69%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's State Municipal Index (Non NY/CA)
Most Correlated Peer (Mk Pr): MIY 91.0%
NAV - Price Correlation (30 d) 95.8%
NAV - Price Correlation (90 d) 83.5%
NAV - Price Correlation (1 Yr) 97.4%
Price St Dev (1Yr) 8.7%
NAV St Dev (1Yr) 6.2%
Earnings / Share (3/31/24) $0.030
Earn Coverage 69.41%
Earnings Trend Up
UNII / Share (3/31/24) $-0.089
Rel UNII -17.45
UNII Trend Down
Bond Specific Data
Maturity 16.68
Duration 11.05
Credit Rating (rbo) AA
Investment Grade 83.40%
Non Investment Grade 5.70%
Unrated Bonds 10.80%
Average Bond Price 98.15
Discount vs Price -15.03
Coupon 4.79%
Zero Coupon 1.60%
AMT 3.22%
AMT Yield 4.65%
Bond Calls Risk 13.30%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's State Municipal Index (Non NY/CA)


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