Nuveen New York AMT-Free Quality Municipal Income Fund Declares Monthly Dividend of $0.03 (NYSE:NRK)

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) declared a monthly dividend on Friday, September 1st, Zacks reports. Investors of record on Friday, September 15th will be paid a dividend of 0.034 per share by the financial services provider on Monday, October 2nd. This represents a $0.41 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Thursday, September 14th.

Nuveen New York AMT-Free Quality Municipal Income Fund Price Performance

NYSE NRK remained flat at $9.76 during trading on Tuesday. 63,898 shares of the company’s stock traded hands, compared to its average volume of 151,381. The business’s 50-day moving average price is $10.13 and its two-hundred day moving average price is $10.27. Nuveen New York AMT-Free Quality Municipal Income Fund has a twelve month low of $9.38 and a twelve month high of $11.26.

Institutional Investors Weigh In On Nuveen New York AMT-Free Quality Municipal Income Fund

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in Nuveen New York AMT-Free Quality Municipal Income Fund by 9.9% in the fourth quarter. Bank of America Corp DE now owns 481,099 shares of the financial services provider’s stock valued at $4,936,000 after purchasing an additional 43,290 shares during the last quarter. Guggenheim Capital LLC raised its holdings in Nuveen New York AMT-Free Quality Municipal Income Fund by 8.5% during the 1st quarter. Guggenheim Capital LLC now owns 452,470 shares of the financial services provider’s stock valued at $5,493,000 after buying an additional 35,610 shares during the last quarter. UBS Group AG boosted its position in Nuveen New York AMT-Free Quality Municipal Income Fund by 3.7% during the 2nd quarter. UBS Group AG now owns 298,940 shares of the financial services provider’s stock valued at $3,303,000 after buying an additional 10,537 shares during the period. Royal Bank of Canada grew its holdings in Nuveen New York AMT-Free Quality Municipal Income Fund by 1.8% in the 3rd quarter. Royal Bank of Canada now owns 271,702 shares of the financial services provider’s stock worth $2,669,000 after acquiring an additional 4,805 shares during the last quarter. Finally, Logan Stone Capital LLC grew its holdings in Nuveen New York AMT-Free Quality Municipal Income Fund by 141.0% in the 4th quarter. Logan Stone Capital LLC now owns 262,147 shares of the financial services provider’s stock worth $2,690,000 after acquiring an additional 153,371 shares during the last quarter.

Nuveen New York AMT-Free Quality Municipal Income Fund Company Profile

Nuveen New York 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 Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.