Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fundverified

NRK

Price:

$10.34

Market Cap:

$902.01M

Nuveen New York AMT-Free 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 New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of it...[Read more]

Industry

Asset Management - Income

IPO Date

2003-01-16

Stock Exchange

NYSE

Ticker

NRK

The PE Ratio as of December 2024 (TTM) for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) is 12.31

According to Nuveen New York AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is 12.31. This represents a change of -27.27% compared to the average of 16.93 of the last 4 quarters.

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) Historical PE Ratio (quarterly & annually)

How has NRK PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen New York AMT-Free Quality Municipal Income Fund over the last ten years is -34.00. The current 12.31 PE Ratio has changed -3720.61% with respect to the historical average. Over the past ten years (40 quarters), NRK's PE Ratio was at its highest in in the May 2023 quarter at 51.25. The PE Ratio was at its lowest in in the November 2022 quarter at -42.96.

Quarterly (TTM)
Annual

Average

-34.00

Median

8.18

Minimum

-278.00

Maximum

29.31

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen New York AMT-Free Quality Municipal Income Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 242.50%

Maximum Annual PE Ratio = 29.31

Minimum Annual Increase = -3893.19%

Minimum Annual PE Ratio = -278.00

Quarterly (TTM)
Annual
YearPE RatioChange
202412.76-334.02%
2023-5.45-96.58%
2022-159.47-42.64%
2021-278.00-3893.19%
20207.33-61.86%
201919.21-34.44%
201829.31242.50%
20178.56-52.33%
201517.95129.99%
20147.80-170.78%

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

How has NRK PE Ratio performed in the past?

The current PE Ratio of Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-50.72

5-year avg

-84.57

10-year avg

-34.00

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) PE Ratio vs. Peers

How is NRK’s PE Ratio compared to its peers?

Nuveen New York AMT-Free Quality Municipal Income Fund’s PE Ratio is less than BlackRock MuniHoldings New York Quality Fund, Inc. (23.33), less than Nuveen New York Quality Municipal Income Fund (13.19), greater than Western Asset Managed Municipals Fund Inc. (0), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (211.63), less than MFS Investment Grade Municipal Trust (43.13), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than Eaton Vance National Municipal Opportunities Trust (8.29), less than Federated Hermes Premier Municipal Income Fund (23.33), less than BlackRock MuniVest Fund, Inc. (15.29), less than BlackRock MuniHoldings Quality Fund II, Inc. (15.59), less than DWS Municipal Income Trust (26.25), greater than BlackRock MuniHoldings Fund, Inc. (-49.90), greater than Nuveen California Select Tax-Free Income Portfolio (7.95), less than BlackRock Municipal Income Fund, Inc. (338.94), less than Nuveen Dynamic Municipal Opportunities Fund (37.67), greater than BlackRock MuniYield Quality Fund, Inc. (-97.46), less than BlackRock MuniYield Quality Fund III, Inc. (19.02), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (10.12),

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