Dividend Information About Nuveen New York Amt-Free Quality Municipal Income Fund: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Sep 11, 2025 11:09 pm ET1min read
NRK--
Aime RobotAime Summary

- Nuveen New York Amt-Free Quality Municipal Income Fund (NRK) declared a $0.069/share dividend payable Oct 1, 2025, with ex-dividend date set for Sep 15, 2025.

- The payout exceeds its 10-year average of $0.0534/share, reflecting an upward trend in monthly distributions aligned with its income-focused strategy.

- NRK's AMT-free structure and strong investment-grade municipal bond exposure reinforce its appeal for tax-advantaged income amid rising market demand.

- With an 8.34% yield and consistent performance, NRK outperforms peers like NQP/NJQ, positioning it as a preferred choice for high-quality municipal bond investors.


The NuveenSPXX-- New York Amt-Free Quality Municipal Income Fund (NRK) has announced a cash dividend of $0.06900000 per share, payable on Oct 1, 2025, to shareholders of record as of the ex-dividend date, Sep 15, 2025. The announcement was made on Sep 2, 2025, marking the most recent dividend declaration for the fund. This upcoming dividend is higher than the average of the last 10 dividend payments, which stood at approximately $0.0534056 per share, indicating a recent upward trend in the fund’s payout. The fund has maintained a monthly dividend schedule, with this being the latest in a series of consistent distributions, reflecting its strategy to provide regular income to investors.

Over the past week, several notable developments have emerged that could influence the fund's operations and investor sentiment. Recently, the fund reaffirmed its position in the municipal bond market, where it continues to benefit from its AMT-free (Alternative Minimum Tax-free) structure, which is particularly attractive to high-net-worth investors. Analysts indicated that this structure remains a key differentiator for NRKNRK-- amid a broader market shift toward tax-advantaged investments. Since the last update, there has been increased focus on the fund’s asset allocation and credit quality, with reports highlighting its strong exposure to investment-grade municipal securities. This has reinforced confidence in the fund's ability to maintain its dividend levels and deliver steady returns.

As of late, NRK has also been compared to similar funds within the Nuveen lineup, including the Nuveen Pennsylvania Quality Municipal Income Fund (NQP) and Nuveen New Jersey Quality Municipal Income Fund. These comparisons have centered on yield, liquidity, and risk profiles, with NRK’s 8.34% yield and consistent dividend history making it a preferred option among income-focused investors. Recent commentary from market participants emphasized that NRK’s performance reflects broader trends in the municipal bond market, particularly the continued demand for high-quality, tax-free income. With municipal bonds experiencing renewed interest due to rising yields and economic uncertainty, NRK is positioned to benefit from favorable market dynamics.

In conclusion, investors considering NRK should note that the ex-dividend date is Sep 15, 2025, which is the last day to purchase the fund’s shares and still be eligible to receive the upcoming dividend. Any purchase made after this date will not qualify for the Oct 1, 2025 payout. The recent developments surrounding the fund, coupled with its consistent performance and strategic positioning in the municipal bond market, suggest that it remains a compelling option for those seeking regular, tax-efficient income.

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