Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.30% | -8.11% | -15.36% | -14.78% | -15.22% | -13.74% | +0.48% | -8.16% | -3.27% | -1.97% |
| Market-price total return | -0.30% | -7.51% | -13.81% | -11.66% | -10.57% | -7.38% | +7.52% | -2.59% | +2.07% | +3.64% |
| NAV return | +2.51% | -4.31% | -11.52% | -11.97% | -12.35% | -13.32% | -4.22% | -8.26% | -4.00% | -1.49% |
| NAV total return | +2.51% | -3.69% | -9.87% | -8.73% | -7.52% | -6.94% | +2.15% | -3.06% | +0.89% | +3.83% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.08% | as above |
| Volatility, 5 years | 0.12% | 0.08% | as above |
| Maximum drawdown, 3 years | -15.68% | -13.12% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.34 | -0.21 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.48 | -0.28 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.75 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.64 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Nuveen AMT-Free Quality Municipal Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.