Nuveen AMT-Free Quality Municipal Income Fund (NEA) To Go Ex-Dividend on June 13th

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.073 per share on Tuesday, July 1st. This represents a $0.88 annualized dividend and a yield of 8.07%. The ex-dividend date is Friday, June 13th.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.3%

Shares of NYSE NEA opened at $10.86 on Wednesday. The company has a 50-day moving average price of $10.80 and a 200-day moving average price of $11.21. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.00 and a 1 year high of $12.06.

Institutional Investors Weigh In On Nuveen AMT-Free Quality Municipal Income Fund

Several institutional investors have recently bought and sold shares of NEA. Jane Street Group LLC bought a new position in Nuveen AMT-Free Quality Municipal Income Fund during the first quarter valued at about $249,000. Goldman Sachs Group Inc. bought a new stake in shares of Nuveen AMT-Free Quality Municipal Income Fund during the 1st quarter valued at $319,000. Finally, Jones Financial Companies Lllp boosted its position in shares of Nuveen AMT-Free Quality Municipal Income Fund by 917.6% in the first quarter. Jones Financial Companies Lllp now owns 75,629 shares of the company’s stock valued at $847,000 after acquiring an additional 68,197 shares during the period.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen 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 Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.