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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 Sept. 21, 2023
Market Price $9.69 (- $0.08)
NAV (Sept. 21, 2023) $11.31 (- $0.17)
Fund Listed NYSE
Premium / Discount -14.32% (+0.57%)
Fund Info
Inception Nov. 22, 2002
Sponsor Nuveen Fund Advisors
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: July 30, 2023) $1,727M
Estimated Total Assets $1,623M
Net Assets $987M
Market Cap $845M
Portfolio Turnover 69.00%
Total Leverage 39.20%
Structural Leverage (out of total) 98.01%
Portfolio Leverage (out of total) 1.99%
Expense Ratio 3.46%
Non Lev Exp Ratio 1.02%
Rel Lev Cost 3.78%
Discount Data
Average Discount (3 Yr) -10.77%
Discount Low(3 Yr) -15.57%
Discount High(3 Yr) -5.62%
Discount Rel Range (3 Yr) 6.79%
Comp Discount -1.17
Discount St Dev (1Yr) 1.25
Z-Stat (6mo) -1.06
Z-Stat (1Yr) -1.26
Z-Stat (3Yr) -1.71
Comp Z-Stat (6mo) 0.59
Comp Z-Stat (3Yr) -0.16
Distribution Data
Market Yield 4.27%
Income Yield 4.27%
Lev Adj NAV Yield 2.63%
Distribution Frequency M
Current Distribution $0.035
Current Income $0.035
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -28.12%
Dividend Change -15.9% on 1/3/23
Expected Div 10/2/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $1,529
Avg Volume 30 day 144,603
Avg Volume 90 day 157,842
Volume Trend -8.39%
Comp Volume Trend -12.37%
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): MYN 94.0%
NAV - Price Correlation (30 d) 87.5%
NAV - Price Correlation (90 d) 97.7%
NAV - Price Correlation (1 Yr) 90.1%
Price St Dev (1Yr) 11.7%
NAV St Dev (1Yr) 7.6%
Earnings / Share (7/31/23) $0.033
Earn Coverage 95.94%
Earnings Trend Down
UNII / Share (7/31/23) $-0.008
Rel UNII -2.00
UNII Trend Up
Bond Specific Data
Maturity 20.70
Duration 14.26
Credit Rating (rbo) AA
Investment Grade 84.20%
Non Investment Grade 5.20%
Unrated Bonds 10.60%
Average Bond Price 93.79
Discount vs Price -20.53
Coupon 4.76%
Zero Coupon 5.90%
AMT 0.00%
AMT Yield 4.27%
Bond Calls Risk 13.80%
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 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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