Nuveen New York AMT-Free Quality Municipal Income FundNRK
About: Nuveen New York AMT-Free Quality Municipal Income Fund is a closed-end investment company. Its investment objective is to provide current income exempt from regular federal, New York State, and New York City income taxes and from the federal alternative minimum tax applies to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 89 [Q1] → 90 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0% less capital invested
Capital invested by funds: $361M [Q1] → $361M (-$390K) [Q2]
0.8% less ownership
Funds ownership: 38.07% [Q1] → 37.27% (-0.8%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for NRK.
