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Nuveen Arizona Quality Municipal Income Fund (NAZ)

Single State Muni Bond Funds - One Fund States

Data as of March 15, 2024
Current
Market Price $10.96 (+ $0.01)
NAV (March 15, 2024) $12.67 (- $0.01)
Fund Listed NYSE
Premium / Discount -13.50% (+0.15%)
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)
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 11,590,366
Total Assets (Reported: Jan. 30, 2024) $235M
Estimated Total Assets $235M
Net Assets $147M
Market Cap $127M
Portfolio Turnover 4.00%
Total Leverage 37.51%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.71%
Non Lev Exp Ratio 1.10%
Rel Lev Cost 4.35%
Discount Data
Average Discount (3 Yr) -4.54%
Discount Low(3 Yr) -17.70%
Discount High(3 Yr) 11.64%
Discount Rel Range (3 Yr) 14.34%
Comp Discount -0.23
Discount St Dev (1Yr) 1.31
Z-Stat
Z-Stat (6mo) 1.59
Z-Stat (1Yr) 0.82
Z-Stat (3Yr) -1.10
Comp Z-Stat (6mo) 0.18
Comp Z-Stat (3Yr) -0.11
Distribution Data
Market Yield 4.65%
Income Yield 4.65%
Lev Adj NAV Yield 2.93%
Distribution Frequency M
Current Distribution $0.043
Current Income $0.043
Ex-Date 3/14/24
Payable Date 4/1/24
Div Growth (3yr) -15.00%
Dividend Change 21.4% on 3/1/24
Expected Div 4/1/24
RoC (1yr) 0.24%
RoC (3yr) 0.07%
Volume & Liquidity
Average Daily $ (K) $255
Avg Volume 30 day 13,951
Avg Volume 90 day 23,227
Volume Trend -39.94%
Comp Volume Trend -21.17%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
56.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
73.0%
Price Correlation (1yr)
vs. CEFA's State Municipal Index (Non NY/CA)
93.0%
Most Correlated Peer (Mk Pr): MIY 90.0%
NAV - Price Correlation (30 d) 70.9%
NAV - Price Correlation (90 d) 22.1%
NAV - Price Correlation (1 Yr) 96.5%
Price St Dev (1Yr) 8.8%
NAV St Dev (1Yr) 6.4%
Earnings
Earnings / Share (2/29/24) $0.029
Earn Coverage 68.47%
Earnings Trend Up
UNII / Share (2/29/24) $-0.081
Rel UNII -15.88
UNII Trend Down
Bond Specific Data
Maturity 16.67
Duration 10.98
Credit Rating (rbo) AA
Investment Grade 83.60%
Non Investment Grade 5.60%
Unrated Bonds 10.80%
Average Bond Price 96.59
Discount vs Price -16.91
Coupon 4.79%
Zero Coupon 1.23%
AMT 3.93%
AMT Yield 4.60%
Bond Calls Risk 14.50%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.95
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.57
NAV Beta (2yr)
vs. CEFA's State Municipal Index (Non NY/CA)
0.92

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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.

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