NYSE:NAD

Nuveen Dividend Advantage Municipal Fund Stock Insider Trading

Financial Services > Asset Management - Income

Buy NAD

*Your capital is at risk

$11.91

-0.0600 (-0.501%)

At Close: Jun 22, 2026

Nuveen Dividend Advantage Municipal Fund Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be negative at -98.61. In total, the insiders bought 143.67K and sold 38.74K NAD shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 100 transactions)	-98.61
● Buy	143.67K shares
● Sell	38.74K shares
57% Buy Activity Negligible or No Correlation
Sell Signal Medium Confidence Jun 10, 2026 Analysis Breakdown: Strongly supported by a very low Insider Power Score of -98.61. Confidence increased due to high data reliability score of 90.

Historical Insider Trades

Date	Type	Person	Role	Amount
Jun 10, 2026 Sell	MuniFund Preferred Shares J-Other	Wells Fargo & Company/mn 10 Percent Owner	10% Owner	750 Value: $75.0M
Mar 11, 2026 Sell	MuniFund Preferred Shares J-Other	Wells Fargo & Company/mn 10 Percent Owner	10% Owner	500 Value: $50.0M
Mar 05, 2026 Buy	Common Stock P-Purchase	Siffermann William A Vice President	CEO / President	100 Value: $1K
Jan 02, 2026 Sell	Common Stock S-Sale	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	6 374 Value: $76.4K
Jan 02, 2026 Buy	Common Stock P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	6 374 Value: $76.5K
Oct 16, 2025 Buy	Common Stock J-Other	Castro Joseph Officer	Officer	0 Value: $0
Sep 10, 2025 Buy	Common Stock J-Other	Page Robert Tanner Officer	Officer	0 Value: $0
Apr 16, 2025 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	2 103 Value: $23.3K
Apr 16, 2025 Sell	COMMON STOCK D-Return	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	2 103 Value: $23.3K
Apr 16, 2025 Sell	COMMON STOCK D-Return	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	2 103 Value: $23.3K
Apr 16, 2025 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	2 103 Value: $23.3K
Mar 21, 2025 Buy	Common Stock P-Purchase	Siffermann William A Vice President	CEO / President	300 Value: $3K
Mar 21, 2025 Buy	Common Stock P-Purchase	Siffermann William A Vice President	CEO / President	300 Value: $3K
Jan 15, 2025 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	800 Value: $9K
Jan 15, 2025 Sell	COMMON STOCK S-Sale	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	800 Value: $9K
Jan 15, 2025 Sell	COMMON STOCK S-Sale	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	800 Value: $9K
Jan 15, 2025 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	800 Value: $9K
Dec 09, 2024 Sell	MuniFund Preferred Shares J-Other	Wells Fargo & Company/mn 10 Percent Owner	10% Owner	350 Value: $35.0M
Dec 09, 2024 Sell	MuniFund Preferred Shares J-Other	Wells Fargo & Company/mn 10 Percent Owner	10% Owner	350 Value: $35.0M
Dec 03, 2024 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	75 Value: $924
Dec 03, 2024 Sell	COMMON STOCK S-Sale	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	75 Value: $926
Dec 03, 2024 Sell	COMMON STOCK S-Sale	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	75 Value: $926
Dec 03, 2024 Buy	COMMON STOCK P-Purchase	Bank Of America Corp /de/ 10 Percent Owner	10% Owner	75 Value: $924
Dec 02, 2024 Buy	Common Stock J-Other	Cardella Marc Officer	Officer	0 Value: $0
Dec 02, 2024 Buy	Common Stock J-Other	Cardella Marc Officer	Officer	0 Value: $0

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks

ABOUT NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND

Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment gra...

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