Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) Declares $0.06 Monthly Dividend

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.064 per share by the financial services provider on Monday, December 1st. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, November 14th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 0.5%

NMT stock opened at $11.55 on Tuesday. Nuveen Massachusetts Quality Municipal Income Fund has a 1-year low of $10.90 and a 1-year high of $12.33. The firm has a fifty day moving average price of $11.54 and a two-hundred day moving average price of $11.62.

Hedge Funds Weigh In On Nuveen Massachusetts Quality Municipal Income Fund

Large investors have recently bought and sold shares of the business. ST Germain D J Co. Inc. acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund in the second quarter valued at approximately $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the 2nd quarter valued at approximately $120,000. Private Advisor Group LLC bought a new position in Nuveen Massachusetts Quality Municipal Income Fund during the 1st quarter worth $120,000. Moors & Cabot Inc. acquired a new stake in Nuveen Massachusetts Quality Municipal Income Fund in the second quarter worth $123,000. Finally, Brookwood Investment Group LLC acquired a new stake in Nuveen Massachusetts Quality Municipal Income Fund in the first quarter worth $189,000. Institutional investors own 16.55% of the company’s stock.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

Nuveen Massachusetts 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 Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.