NAN Stock Overview
About the company
Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s New York Municipal Bond Index and Standard & Poor’s National Municipal Bond Index. The fund was formerly known as Nuveen New York Dividend Advantage Municipal Fund. Nuveen New York Quality Municipal Income Fund was formed on May 26, 1999 and is domiciled in the United States.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Nuveen New York Quality Municipal Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.63 |
| 52 Week High | US$12.69 |
| 52 Week Low | US$9.65 |
| Beta | 0.34 |
| 1 Month Change | -1.76% |
| 3 Month Change | 0.28% |
| 1 Year Change | -14.96% |
| 3 Year Change | -13.79% |
| 5 Year Change | -16.43% |
| Change since IPO | -29.43% |
Recent News & Updates
Nuveen New York Quality Municipal Income Fund declares $0.0375 dividend
Feb 07Nuveen New York Quality Municipal Income Fund declares $0.0425 dividend
Nov 04Nuveen New York Quality Municipal Income Fund reduces dividend by 12.4%
Oct 06Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend
Sep 02Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend
Jul 06Recent updates
Nuveen New York Quality Municipal Income Fund declares $0.0375 dividend
Feb 07Nuveen New York Quality Municipal Income Fund declares $0.0425 dividend
Nov 04Nuveen New York Quality Municipal Income Fund reduces dividend by 12.4%
Oct 06Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend
Sep 02Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend
Jul 06NRK Vs. NAN: Comparing Nuveen NY State Municipal Bond CEFs
Jun 27Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend
May 10Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend
Jan 05Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend
Dec 02Shareholder Returns
| NAN | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.2% | 0.5% | 0.8% |
| 1Y | -15.0% | -17.3% | -14.2% |
Return vs Industry: NAN matched the US Capital Markets industry which returned -15.4% over the past year.
Return vs Market: NAN underperformed the US Market which returned -11.6% over the past year.
Price Volatility
| NAN volatility | |
|---|---|
| NAN Average Weekly Movement | 1.3% |
| Capital Markets Industry Average Movement | 0.6% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NAN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: NAN's weekly volatility (1%) has been stable over the past year.
Nuveen New York Quality Municipal Income Fund Fundamentals Summary
| NAN fundamental statistics | |
|---|---|
| Market Cap | US$327.95m |
| Earnings (TTM) | -US$76.56m |
| Revenue (TTM) | US$25.41m |
12.9x
P/S Ratio-4.3x
P/E RatioIs NAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NAN income statement (TTM) | |
|---|---|
| Revenue | US$25.41m |
| Cost of Revenue | US$0 |
| Gross Profit | US$25.41m |
| Other Expenses | US$101.97m |
| Earnings | -US$76.56m |
Last Reported Earnings
Aug 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.48 |
| Gross Margin | 100.00% |
| Net Profit Margin | -301.31% |
| Debt/Equity Ratio | 71.9% |
How did NAN perform over the long term?
See historical performance and comparison