Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Plans $0.07 Monthly Dividend

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.072 per share by the financial services provider on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Wednesday, April 15th.

Nuveen New York Quality Municipal Income Fund Price Performance

NAN traded down $0.01 during mid-day trading on Monday, reaching $11.44. 19,468 shares of the stock were exchanged, compared to its average volume of 78,517. The company has a 50 day moving average price of $11.42 and a two-hundred day moving average price of $11.43. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.79 and a 1 year high of $11.67.

Hedge Funds Weigh In On Nuveen New York Quality Municipal Income Fund

Hedge funds have recently bought and sold shares of the company. PFG Investments LLC boosted its holdings in Nuveen New York Quality Municipal Income Fund by 16.1% during the 4th quarter. PFG Investments LLC now owns 33,118 shares of the financial services provider’s stock worth $373,000 after acquiring an additional 4,590 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Nuveen New York Quality Municipal Income Fund by 54.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,618 shares of the financial services provider’s stock worth $436,000 after buying an additional 13,665 shares during the last quarter. South Shore Capital Advisors purchased a new position in shares of Nuveen New York Quality Municipal Income Fund in the 4th quarter worth about $195,000. Westwood Wealth Management purchased a new position in shares of Nuveen New York Quality Municipal Income Fund in the 4th quarter worth about $717,000. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Nuveen New York Quality Municipal Income Fund by 83.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 320,552 shares of the financial services provider’s stock worth $3,609,000 after buying an additional 146,182 shares during the last quarter.

About Nuveen New York Quality Municipal Income Fund

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.