Nuveen AMT-Free Quality Municipal Income Fund (NEA) To Go Ex-Dividend on July 15th

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.068 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen AMT-Free Quality Municipal Income Fund Stock Up 0.0%

Shares of NEA stock opened at $11.71 on Friday. The business’s fifty day moving average price is $11.51 and its 200 day moving average price is $11.56. Nuveen AMT-Free Quality Municipal Income Fund has a 1-year low of $10.60 and a 1-year high of $11.90.

Institutional Trading of Nuveen AMT-Free Quality Municipal Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in shares of Nuveen AMT-Free Quality Municipal Income Fund by 917.6% during the 1st quarter. Jones Financial Companies Lllp now owns 75,629 shares of the company’s stock worth $847,000 after acquiring an additional 68,197 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Nuveen AMT-Free Quality Municipal Income Fund during the first quarter worth $319,000. Jane Street Group LLC acquired a new position in Nuveen AMT-Free Quality Municipal Income Fund during the first quarter worth $249,000. XTX Topco Ltd acquired a new position in Nuveen AMT-Free Quality Municipal Income Fund during the second quarter worth $177,000. Finally, Invesco Ltd. boosted its position in Nuveen AMT-Free Quality Municipal Income Fund by 6.9% during the second quarter. Invesco Ltd. now owns 201,115 shares of the company’s stock worth $2,196,000 after purchasing an additional 12,925 shares in the last quarter.

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.