Compare · IAF vs NEA
IAF vs NEA
Side-by-side comparison of abrdn Australia Equity Fund Inc. (IAF) and Nuveen AMT-Free Quality Municipal Income Fund (NEA): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both IAF and NEA operate in Finance/Investors Services (Finance), so they compete in similar markets.
- NEA is the larger of the two at $4.19B, about 32.6x IAF ($128.4M).
- Over the past year, IAF is down 67.7% and NEA is up 6.9% - NEA leads by 74.6 points.
- IAF has hit the wire 2 times in the past 4 weeks while NEA has been quiet.
- Company
- abrdn Australia Equity Fund Inc.
- Nuveen AMT-Free Quality Municipal Income Fund
- Price
- $12.69+0.00%
- $11.56+0.04%
- Market cap
- $128.4M
- $4.19B
- 1M return
- -2.01%
- +0.87%
- 1Y return
- -67.73%
- +6.89%
- Industry
- Finance/Investors Services
- Finance/Investors Services
- Exchange
- AMEX
- NYSE
- IPO
- 1985
- 2002
- News (4w)
- 2
- 0
- Recent ratings
- 0
- 0
abrdn Australia Equity Fund Inc.
Aberdeen Australia Equity Fund, Inc. is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Aberdeen Australia Equity Fund, Inc. was formed in September 30, 1985 and is domiciled in the United States.
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.
Latest IAF
- ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS
- Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
- Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
- Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
- SEC Form N-CEN filed by abrdn Australia Equity Fund Inc.
- Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
- SEC Form N-CSR filed by abrdn Australia Equity Fund Inc.
- SEC Form 3 filed by new insider Reilly Heather Carter
- ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS
- Director Ajmera Radhika bought $4,094 worth of shares (910 units at $4.50), increasing direct ownership by 60% to 2,431 units (SEC Form 4)
Latest NEA
- SEC Form N-23C-2 filed by Nuveen AMT-Free Quality Municipal Income Fund
- Nuveen AMT-Free Quality Municipal Income Fund filed SEC Form 8-K: Regulation FD Disclosure
- SEC Form 3 filed by new insider Castro Joseph
- SEC Form N-2ASR filed by Nuveen AMT-Free Quality Municipal Income Fund
- SEC Form N-CEN filed by Nuveen AMT-Free Quality Municipal Income Fund
- SEC Form N-CSR filed by Nuveen AMT-Free Quality Municipal Income Fund
- SEC Form N-23C-2 filed by Nuveen AMT-Free Quality Municipal Income Fund
- SEC Form 3 filed by new insider Page Robert Tanner
- Vice President Jones Nathaniel T. sold $4,540 worth of shares (400 units at $11.35), closing all direct ownership in the company (SEC Form 4)
- SEC Form N-PX filed by Nuveen AMT-Free Quality Municipal Income Fund