CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Nuveen New York AMT-Free Quality Municipal Income Fund (NRK)

Single State Muni Bond Funds - New York (NY) Municipal Bond

Data as of Dec. 7, 2018
Market Price $11.81 (+ $0.02)
NAV (Dec. 7, 2018) $13.87 ( $0.00)
Premium / Discount -14.85% (+0.14%)
Fund Info
Inception Nov. 22, 2002
Sponsor Nuveen Fund Advisors
Website www.nuveen.com/CEF/Pro...
Phone 800-257-8787
Objective: Current income exempt from regular federal income tax, New York income tax and ATM investment grade municipal securities
Related Indexes
New York Municipal Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 87,349,404
Total Assets (Reported: Oct. 31, 2018) $1,972M
Estimated Managed Assets $1,952M
Net Assets $1,212M
Market Cap $1,032M
Purchases Turnover 12.70%
Sales Turnover 13.69%
Total Leverage 39.42%
Structural Leverage (out of total) 96.22%
Portfolio Leverage (out of total) 3.78%
Expense Ratio 2.35%
Non Lev Exp Ratio 0.98%
Rel Lev Cost 2.11%
Discount Data
Average Discount (3 Yr) -10.32%
Discount Low(3 Yr) -16.02%
Discount High(3 Yr) -4.46%
Discount Rel Range 10.11%
Comp Discount -4.58
Discount St Dev (1Yr) 1.51
Z-Stat (6mo) -0.68
Z-Stat (1Yr) -0.96
Z-Stat (3Yr) -1.69
Comp Z-Stat (6mo) -0.70
Comp Z-Stat (3Yr) -0.52
Distribution Data
Market Yield 4.57%
Income Yield 4.57%
Lev Adj NAV Yield 2.79%
Distribution Frequency M
Current Distribution $0.045
Current Income $0.045
Ex-Date 12/13/18
Payable Date 12/31/18
Div Growth (3yr) -23.08%
Dividend Change -5.3% on 3/1/18
Expected Div 1/2/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $2,357
Avg Volume 30 day 269,907
Avg Volume 90 day 199,538
Volume Trend 35.27%
Comp Volume Trend 23.15%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's New York Municipal Index
Most Correlated Peer (Mk Pr): NAN 80.0%
NAV - Price Correlation (30 d) 65.0%
NAV - Price Correlation (90 d) 90.5%
NAV - Price Correlation (1 Yr) 93.1%
Price St Dev (1Yr) 5.5%
NAV St Dev (1Yr) 2.9%
Earnings / Share (10/31/18) $0.047
Earn Coverage 103.56%
Earnings Trend Down
UNII / Share (10/31/18) $-0.032
Rel UNII -5.89
UNII Trend Up
Bond Specific Data
Maturity 19.93
Duration 8.20
Credit Rating (rbo) AA
Investment Grade 89.10%
Non Investment Grade 5.60%
Unrated Bonds 5.50%
Average Bond Price 94.65
Discount vs Price -20.20
Coupon 5.10%
Zero Coupon 7.10%
AMT 0.00%
AMT Yield 4.57%
Bond Calls Risk 12.90%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's New York Municipal Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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