Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) to Issue Monthly Dividend of $0.07 on December 31st

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) announced a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be given a dividend of 0.069 per share by the financial services provider on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Monday, December 15th.

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

NRK stock traded down $0.05 during mid-day trading on Friday, hitting $10.08. The company had a trading volume of 390,160 shares, compared to its average volume of 308,147. Nuveen New York AMT-Free Quality Municipal Income Fund has a 12 month low of $9.30 and a 12 month high of $10.85. The stock’s fifty day moving average price is $10.15 and its two-hundred day moving average price is $9.86.

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

Institutional investors have recently added to or reduced their stakes in the business. Guggenheim Capital LLC increased its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 9.4% in the 2nd quarter. Guggenheim Capital LLC now owns 1,056,567 shares of the financial services provider’s stock worth $10,471,000 after acquiring an additional 91,186 shares during the last quarter. Stockman Wealth Management Inc. purchased a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund during the second quarter worth about $297,000. PFG Investments LLC increased its position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 1.0% in the second quarter. PFG Investments LLC now owns 260,163 shares of the financial services provider’s stock worth $2,578,000 after purchasing an additional 2,564 shares during the last quarter. Horizon Kinetics Asset Management LLC raised its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 96.7% in the second quarter. Horizon Kinetics Asset Management LLC now owns 140,575 shares of the financial services provider’s stock valued at $1,393,000 after purchasing an additional 69,092 shares in the last quarter. Finally, Realta Investment Advisors bought a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund during the second quarter valued at approximately $529,000.

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.