Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Declares Monthly Dividend of $0.07

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.068 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Friday, May 15th.

Nuveen AMT-Free Quality Municipal Income Fund Trading Down 0.4%

Shares of NYSE NEA traded down $0.05 during midday trading on Wednesday, reaching $11.55. The company had a trading volume of 351,772 shares, compared to its average volume of 873,569. The business’s 50-day simple moving average is $11.48 and its 200 day simple moving average is $11.57. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.60 and a 1 year high of $11.90.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) is a closed-end management investment company that seeks to provide high current income exempt from federal alternative minimum tax. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, focusing on securities that enjoy strong credit quality and are issued by states, municipalities and public authorities across the United States.

In constructing its portfolio, NEA emphasizes bonds that are rated investment grade by one or more major rating agencies, with an aim to balance income generation and risk management.