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NRK

Nuveen New York AMT-Free Quality Municipal Income Fund NYSE:NRK Stock Report

Last Price

US$9.69

Market Cap

US$845.3m

7D

-0.5%

1Y

-3.0%

Updated

22 Sep, 2023

Data

Company Financials

Nuveen New York AMT-Free Quality Municipal Income Fund

NYSE:NRK Stock Report

Mkt Cap: US$845.3m

NRK Stock Overview

Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.

NRK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

Nuveen New York AMT-Free Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen New York AMT-Free Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$9.69
52 Week HighUS$11.26
52 Week LowUS$9.38
Beta0.40
1 Month Change-2.02%
3 Month Change-6.83%
1 Year Change-3.00%
3 Year Change-24.65%
5 Year Change-18.57%
Change since IPO-35.83%

Recent News & Updates

Recent updates

Nuveen New York AMT-Free Municipal Income Fund declares $0.0345 dividend

Feb 07

Nuveen New York AMT-Free Municipal Income Fund dividend declines by 15.9% to $0.0345

Jan 11

Nuveen New York AMT-Free Municipal Income Fund reduces dividend by 14.6%

Oct 06

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

Sep 02

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

Jul 06

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

May 10

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

Jan 05

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

Dec 02

Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend

Nov 03

Shareholder Returns

NRKUS Capital MarketsUS Market
7D-0.5%-3.4%-2.9%
1Y-3.0%11.7%15.3%

Return vs Industry: NRK underperformed the US Capital Markets industry which returned 9.5% over the past year.

Return vs Market: NRK underperformed the US Market which returned 13.8% over the past year.

Price Volatility

Is NRK's price volatile compared to industry and market?
NRK volatility
NRK Average Weekly Movement1.0%
Capital Markets Industry Average Movement1.3%
Market Average Movement5.6%
10% most volatile stocks in US Market14.4%
10% least volatile stocks in US Market2.6%

Stable Share Price: NRK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: NRK's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NRK

Nuveen New York AMT-Free 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 undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.

Nuveen New York AMT-Free Quality Municipal Income Fund Fundamentals Summary

How do Nuveen New York AMT-Free Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NRK fundamental statistics
Market CapUS$845.31m
Earnings (TTM)-US$164.69m
Revenue (TTM)US$73.94m

11.4x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NRK income statement (TTM)
RevenueUS$73.94m
Cost of RevenueUS$0
Gross ProfitUS$73.94m
Other ExpensesUS$238.63m
Earnings-US$164.69m

Last Reported Earnings

Feb 28, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.89
Gross Margin100.00%
Net Profit Margin-222.72%
Debt/Equity Ratio68.1%

How did NRK perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

-28%

Payout Ratio