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