Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) to Issue Monthly Dividend of $0.07 on June 1st

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.069 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date is Friday, May 15th.

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

Shares of NRK stock traded down $0.01 during mid-day trading on Wednesday, hitting $10.61. The stock had a trading volume of 121,702 shares, compared to its average volume of 350,798. Nuveen New York AMT-Free Quality Municipal Income Fund has a 12-month low of $9.30 and a 12-month high of $10.77. The firm’s 50-day moving average is $10.42 and its two-hundred day moving average is $10.26.

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

A number of hedge funds have recently made changes to their positions in NRK. First Horizon Corp purchased a new stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund during the 3rd quarter worth $26,000. CWM LLC increased its position in Nuveen New York AMT-Free Quality Municipal Income Fund by 1,205.5% during the 3rd quarter. CWM LLC now owns 3,786 shares of the financial services provider’s stock valued at $39,000 after buying an additional 3,496 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Nuveen New York AMT-Free Quality Municipal Income Fund during the 4th quarter valued at about $44,000. Elyxium Wealth LLC acquired a new position in Nuveen New York AMT-Free Quality Municipal Income Fund during the 4th quarter valued at about $69,000. Finally, Kestra Advisory Services LLC acquired a new position in Nuveen New York AMT-Free Quality Municipal Income Fund during the 4th quarter valued at about $79,000.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.