Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fundverified

NRK

Price:

$11.255

Market Cap:

$981.83M

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 ROE as of September 2024 (TTM) for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) is 20.35%

According to Nuveen New York AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 20.35%. This represents a change of 300.97% compared to the average of 5.07% of the last 4 quarters.

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

How has NRK ROE performed in the past?

The mean historical ROE of Nuveen New York AMT-Free Quality Municipal Income Fund over the last ten years is 3.66%. The current 20.35% ROE has changed 455.82% with respect to the historical average. Over the past ten years (40 quarters), NRK's ROE was at its highest in in the August 2023 quarter at 8.58%. The ROE was at its lowest in in the May 2022 quarter at -7.27%.

Quarterly (TTM)
Annual

Average

3.66%

Median

4.72%

Minimum

-16.05%

Maximum

12.12%

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

Discovering the peaks and valleys of Nuveen New York AMT-Free Quality Municipal Income Fund ROE, 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 = 2.76%

Maximum Annual ROE = 12.12%

Minimum Annual Increase = -230.64%

Minimum Annual ROE = -16.05%

Quarterly (TTM)
Annual
YearROEChange
20246.97%-143.46%
2023-16.05%2.76%
2022-0.56%71.32%
2021-0.33%-102.70%
202012.12%165.94%
20194.56%52.34%
20182.99%-71.89%
201710.64%117.72%
20154.89%-57.09%
201411.38%-230.64%

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

How has NRK ROE performed in the past?

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

3-year avg

-3.21%

5-year avg

0.43%

10-year avg

3.66%

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

How is NRK’s ROE compared to its peers?

Nuveen New York AMT-Free Quality Municipal Income Fund’s ROE is less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), less than Nuveen New York Quality Municipal Income Fund (10.18%), less than Western Asset Managed Municipals Fund Inc. (19.59%), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (14.43%), less than MFS Investment Grade Municipal Trust (3.44%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than Invesco High Income 2024 Target Term Fund (25.55%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than BlackRock MuniVest Fund, Inc. (4.18%), less than BlackRock MuniHoldings Quality Fund II, Inc. (3.99%), less than DWS Municipal Income Trust (2.78%), greater than BlackRock MuniHoldings Fund, Inc. (-0.09%), less than Nuveen California Select Tax-Free Income Portfolio (17.40%), greater than BlackRock Municipal Income Fund, Inc. (-0.11%), less than Nuveen Dynamic Municipal Opportunities Fund (2.51%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.03%), less than BlackRock MuniYield Quality Fund III, Inc. (4.41%), less than RiverNorth Flexible Municipal Income Fund II, Inc. (8.44%),

Build a custom stock screener for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nuveen New York AMT-Free Quality Municipal Income Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nuveen New York AMT-Free Quality Municipal Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Nuveen New York AMT-Free Quality Municipal Income Fund's ROE?

How is the ROE calculated for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK)?

What is the highest ROE for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK)?

What is the 3-year average ROE for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK)?

What is the 5-year average ROE for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK)?

How does the current ROE for Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) compare to its historical average?