Nuveen AMT-Free Quality Municipal Income Fund: management transactions · United States · SEC (Form 4)

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund (ticker: NEA) is a U.S.-listed closed-end fund traded on the NYSE in the United States. It is designed for income-oriented investors seeking current income exempt from regular U.S. federal income tax and, for individuals subject to it, the alternative minimum tax (AMT). The fund sits within the broader Nuveen platform, one of the most established names in municipal investing. Nuveen traces its roots back to 1898, when the firm began underwriting municipal bonds, and it is now part of TIAA. ([nuveen.com](https://www.nuveen.com/en-us/closed-end-funds/nea-nuveen-amt-free-quality-municipal-income-fund?utm_source=openai)) From an investment standpoint, NEA is an actively managed portfolio of tax-exempt municipal securities. According to the official fund materials, its primary objective is to provide current income exempt from regular federal income tax and AMT. The portfolio can include up to 35% of managed assets in securities rated BBB and below at purchase, or unrated securities judged comparable in quality by the portfolio team. The fund also employs leverage, which can enhance distributable income but increases sensitivity to interest-rate movements, spread widening, and financing costs. ([nuveen.com](https://www.nuveen.com/en-us/closed-end-funds/nea-nuveen-amt-free-quality-municipal-income-fund?utm_source=openai)) NEA competes in the crowded U.S. municipal closed-end fund universe, where scale, credit research, and distribution capabilities matter. Its main competitive advantage is the Nuveen franchise: Nuveen is widely recognized for municipal-bond expertise, a deep fixed-income research platform, and a long operating history in tax-exempt income strategies. For French-speaking investors in Europe, that means NEA is best viewed as a specialist U.S. income vehicle with a defensive municipal-bond profile rather than a corporate operating company. ([nuveen.com](https://www.nuveen.com/en-us/about-us/about-nuveen?utm_source=openai)) The fund is tied to Chicago, Illinois, where Nuveen’s U.S. headquarters are located, and Nuveen maintains additional offices across the United States and internationally. Recent company disclosures underscore that NEA remains actively managed at the capital-structure level: in February 2026, the fund filed materials for a potential offering of common shares, preferred shares, and subscription rights; in March 2026, it extended the final mandatory redemption date of its Series 4 Variable Rate Demand Preferred Shares from September 11, 2026 to September 11, 2056. Those actions indicate ongoing management of leverage and financing flexibility. ([nuveen.com](https://www.nuveen.com/global-site/home/about-us/contact-us?utm_source=openai)) Overall, NEA is not an operating company but a specialist municipal-income investment fund. Its market relevance comes from the combination of tax-exempt income, leverage, and Nuveen’s municipal credit expertise, while its key risks remain interest-rate exposure, credit quality within the muni portfolio, and fluctuations in fund discount/premium dynamics on the NYSE. ([nuveen.com](https://www.nuveen.com/en-us/closed-end-funds/nea-nuveen-amt-free-quality-municipal-income-fund?utm_source=openai))