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NAN

Nuveen New York Quality Municipal Income Fund NYSE:NAN Stock Report

Last Price

US$10.63

Market Cap

US$327.9m

7D

0.2%

1Y

-15.0%

Updated

22 Mar, 2023

Data

Company Financials

Nuveen New York Quality Municipal Income Fund

NYSE:NAN Stock Report

Mkt Cap: US$327.9m

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

NAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends2/6

My Notes

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Nuveen New York Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen New York Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$10.63
52 Week HighUS$12.69
52 Week LowUS$9.65
Beta0.34
1 Month Change-1.76%
3 Month Change0.28%
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 07

Nuveen New York Quality Municipal Income Fund declares $0.0425 dividend

Nov 04

Nuveen New York Quality Municipal Income Fund reduces dividend by 12.4%

Oct 06

Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend

Sep 02

Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend

Jul 06

Recent updates

Nuveen New York Quality Municipal Income Fund declares $0.0375 dividend

Feb 07

Nuveen New York Quality Municipal Income Fund declares $0.0425 dividend

Nov 04

Nuveen New York Quality Municipal Income Fund reduces dividend by 12.4%

Oct 06

Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend

Sep 02

Nuveen New York Quality Municipal Income Fund declares $0.0485 dividend

Jul 06

NRK Vs. NAN: Comparing Nuveen NY State Municipal Bond CEFs

Jun 27

Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend

May 10

Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend

Jan 05

Nuveen New York Dividend Advantage Municipal Fund declares $0.052 dividend

Dec 02

Shareholder Returns

NANUS Capital MarketsUS Market
7D0.2%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

Is NAN's price volatile compared to industry and market?
NAN volatility
NAN Average Weekly Movement1.3%
Capital Markets Industry Average Movement0.6%
Market Average Movement6.5%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

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

How do Nuveen New York Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NAN fundamental statistics
Market CapUS$327.95m
Earnings (TTM)-US$76.56m
Revenue (TTM)US$25.41m

12.9x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAN income statement (TTM)
RevenueUS$25.41m
Cost of RevenueUS$0
Gross ProfitUS$25.41m
Other ExpensesUS$101.97m
Earnings-US$76.56m

Last Reported Earnings

Aug 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.48
Gross Margin100.00%
Net Profit Margin-301.31%
Debt/Equity Ratio71.9%

How did NAN perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

-24%

Payout Ratio