Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.068 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, September 15th.
Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.4%
Shares of NYSE:NEA opened at $10.85 on Friday. Nuveen AMT-Free Quality Municipal Income Fund has a one year low of $10.76 and a one year high of $11.90. The stock has a fifty day moving average of $11.30 and a 200-day moving average of $11.44.
Institutional Investors Weigh In On Nuveen AMT-Free Quality Municipal Income Fund
Hedge funds have recently modified their holdings of the stock. Basepoint Wealth LLC acquired a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund in the 4th quarter valued at $26,000. Entrust Financial LLC purchased a new stake in Nuveen AMT-Free Quality Municipal Income Fund during the fourth quarter valued at about $32,000. Pinnacle Bancorp Inc. purchased a new stake in Nuveen AMT-Free Quality Municipal Income Fund during the first quarter valued at about $41,000. International Assets Investment Management LLC purchased a new stake in Nuveen AMT-Free Quality Municipal Income Fund during the fourth quarter valued at about $44,000. Finally, Allied Private Wealth LLC acquired a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund in the second quarter worth about $72,000.
Nuveen AMT-Free Quality Municipal Income Fund Company Profile
Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) is a closed-end management investment company that seeks to provide high current income exempt from federal alternative minimum tax. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, focusing on securities that enjoy strong credit quality and are issued by states, municipalities and public authorities across the United States.
In constructing its portfolio, NEA emphasizes bonds that are rated investment grade by one or more major rating agencies, with an aim to balance income generation and risk management.
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