Nuveen New York Quality Municipal Income Fund (NAN)

• Market cap: $343M
• 1 day: -0.18%
• 5 days: -3.30%
• 1 month: -3.47%
• 3 months: -5.28%
• 6 months: -0.71%
• Year to date: 0.72%
• 1 year: 1.37%
• 5 years: -21.69%
• 10 years: -17.51%

About: Nuveen New York Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal, New York State and New York City income tax 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 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

6% less funds holding

Funds holding: 53 [Q2] → 50 (-3) [Q3]

5.8% less ownership

Funds ownership: 22.1% [Q2] → 16.3% (-5.8%) [Q3]

23% less capital invested

Capital invested by funds: $76.8M [Q2] → $59.3M (-$17.5M) [Q3]

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8