NRK

Nuveen New York AMT-Free Quality Municipal Income

Stock NYSE – Stock Market Prices, News & Analysis

Nuveen New York AMT-Free Quality Municipal Income Fund is a fund that invests in high-quality municipal bonds to generate AMT-free income.

$ 10.47

Nuveen New York AMT-Free Quality Municipal Income

$ 10.47
NRK

Nuveen New York AMT-Free Quality Municipal Income Fund is a fund that invests in high-quality municipal bonds to generate AMT-free income.

Price history of Nuveen New York AMT-Free Quality Municipal Income
Price history of Nuveen New York AMT-Free Quality Municipal Income

Performance & Momentum

6 Months 7.30 %
1 Year 15.33 %
3 Years 24.75 %
5 Years 1.52 %

Strategic Analysis

Nuveen New York AMT-Free Quality Municipal Income • 2026

Nuveen New York AMT-Free Quality Municipal Income is a closed-end income fund specializing in New York State municipal bonds, seeking tax-exempt coupons for investors subject to this tax regime. Its positioning is defensive and highly focused, with a clear niche in the local bond market and an emphasis on after-tax yield rather than capital growth.

Strengths
  • Exposure to a potentially tax-advantaged income stream for eligible residents
  • Specialization in a high-quality municipal market, with management focused on credit selection and duration
  • Defensive profile suited to investors seeking visibility in a fixed-income allocation
Weaknesses
  • Heavy dependence on the quality of the New York bond market and on interest rate developments
  • Closed-end fund structure may lead to volatility linked to the gap between market price and net asset value
  • Long-term performance potential more limited than a growth asset, especially if rates remain elevated
Momentum

Momentum is favorable and reflects a clear rebound in interest in this bond vehicle, with a solid recent trend supporting the view that the fund has become attractive again in an income-oriented environment. This dynamic remains primarily tactical: it benefits from the defensive yield theme and the appeal of tax-exempt cash flows, but will depend on rate stability and confidence in the municipal segment.

Similar stocks to Nuveen New York AMT-Free Quality Municipal Income

Was this page helpful?

Your feedback helps us improve our research.

Take control
of your investments

Track your portfolios, analyze your performance and receive personalized insights to invest with strategy.

  • Real-time multi-portfolio tracking
  • AI analysis of your positions
  • Counter your cognitive biases
Anantys Invest on iPhone