CEF Advisors AICA Event NAVigator Podcast

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

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

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

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

Data as of June 14, 2024
Market Price $11.00 (- $0.07)
NAV (June 14, 2024) $12.05 (- $0.04)
Fund Listed NYSE
Premium / Discount -8.71% (-0.28%)
Fund Info
Inception Nov. 22, 2002
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone 800-257-8787
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
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
Capital & Leverage
Outstanding Shares 87,235,304
Total Assets (Reported: April 30, 2024) $1,704M
Estimated Total Assets $1,744M
Net Assets $1,051M
Market Cap $960M
Portfolio Turnover 9.00%
Total Leverage 39.74%
Structural Leverage (out of total) 98.01%
Portfolio Leverage (out of total) 1.99%
Expense Ratio 3.88%
Non Lev Exp Ratio 1.02%
Rel Lev Cost 4.34%
Discount Data
Average Discount (3 Yr) -11.17%
Discount Low(3 Yr) -16.43%
Discount High(3 Yr) -5.62%
Discount Rel Range (3 Yr) 71.40%
Comp Discount 1.24
Discount St Dev (1Yr) 2.27
Z-Stat (6mo) 1.08
Z-Stat (1Yr) 1.68
Z-Stat (3Yr) 0.96
Comp Z-Stat (6mo) 0.15
Comp Z-Stat (3Yr) 1.18
Distribution Data
Market Yield 7.53%
Income Yield 7.53%
Lev Adj NAV Yield 4.92%
Distribution Frequency M
Current Distribution $0.069
Current Income $0.069
Ex-Date 6/14/24
Payable Date 7/1/24
Div Growth (3yr) 43.75%
Dividend Change 48.4% on 6/3/24
Expected Div 7/1/24
RoC (1yr) 0.91%
RoC (3yr) 0.30%
Tax Dividend Data 2023
Income 0.0%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 0%
Volume & Liquidity
Average Daily $ (K) $1,339
Avg Volume 30 day 112,650
Avg Volume 90 day 121,753
Volume Trend -7.48%
Comp Volume Trend -1.57%
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 87.0%
NAV - Price Correlation (30 d) 86.6%
NAV - Price Correlation (90 d) 70.9%
NAV - Price Correlation (1 Yr) 87.7%
Price St Dev (1Yr) 9.1%
NAV St Dev (1Yr) 7.7%
Earnings / Share (4/30/24) $0.033
Earn Coverage 47.68%
Earnings Trend Down
UNII / Share (4/30/24) $-0.054
Rel UNII -6.46
UNII Trend Down
Bond Specific Data
Maturity 20.91
Duration 14.65
Credit Rating (rbo) A
Investment Grade 81.90%
Non Investment Grade 6.40%
Unrated Bonds 11.60%
Average Bond Price 92.65
Discount vs Price -16.06
Coupon 4.71%
Zero Coupon 6.00%
AMT 0.00%
AMT Yield 7.53%
Bond Calls Risk 11.70%
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


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

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.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.