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Compare · NEA vs VMM

NEA vs VMM

Side-by-side comparison of Nuveen AMT-Free Quality Municipal Income Fund (NEA) and Delaware Investments Minnesota Municipal Income Fund II Inc. (VMM): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NEA and VMM operate in Finance/Investors Services (Finance), so they compete in similar markets.
  • NEA is the larger of the two at $4.19B, about 27.0x VMM ($155.3M).
MetricNEAVMM
Company
Nuveen AMT-Free Quality Municipal Income Fund
Delaware Investments Minnesota Municipal Income Fund II Inc.
Price
$11.48-0.04%
$13.16-1.28%
Market cap
$4.19B
$155.3M
1M return
+3.10%
-
1Y return
+6.10%
-
Industry
Finance/Investors Services
Finance/Investors Services
Exchange
NYSE
AMEX
IPO
2002
1993
News (4w)
0
0
Recent ratings
0
0
NEA

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

VMM

Delaware Investments Minnesota Municipal Income Fund II Inc.

Delaware Investments Minnesota Municipal Income Fund II, Inc. is a closed ended fixed income mutual fund launched by Delaware Management Holdings, Inc. The fund is managed by Delaware Management Business Trust. It invests in fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, which include airport revenue bonds, city general obligation bonds, continuing care and retirement revenue bonds, corporate backed revenue bonds, escrowed to maturity bonds, higher education revenue bonds, hospital revenue bonds, multifamily housing revenue bonds, municipal lease revenue bonds, parking revenue bonds, political subdivision general obligation bonds, pre-refunded bonds, public power revenue bonds, school district general obligation bonds, single family housing revenue bonds, state general obligation bonds, tax increment and special assessment bonds, territorial general obligation bonds, and territorial revenue bonds. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. The fund was previously known as Voyageur Minnesota Municipal Income Fund II, Inc. Delaware Investments Minnesota Municipal Income Fund II, Inc. was formed in 1992 and is domiciled in the United States.

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