$NEA

The Nuveen AMT-Free Quality Municipal Income Fund (NEA) experienced a significant Q4 rally and increased income, benefiting investors. While this boost is positive for short-term holders, its sustainability is questionable, prompting caution for long-term investors. A favorable macroeconomic environment with lower inflation suggests that the Federal Reserve is unlikely to raise interest rates further, which is generally positive for bonds, including municipal bonds like those held by NEA.