Nuveen AMT-Free Quality Municipal Income Fund (NEA) to Issue Monthly Dividend of $0.07 on April 1st

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.068 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, March 13th.

Nuveen AMT-Free Quality Municipal Income Fund Trading Down 0.1%

Shares of Nuveen AMT-Free Quality Municipal Income Fund stock opened at $11.73 on Wednesday. The firm’s 50-day simple moving average is $11.72 and its 200-day simple moving average is $11.52. Nuveen AMT-Free Quality Municipal Income Fund has a twelve month low of $10.00 and a twelve month high of $11.90.

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

Institutional investors have recently added to or reduced their stakes in the stock. Basepoint Wealth LLC acquired a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund in the 4th quarter worth approximately $26,000. Noble Wealth Management PBC bought a new stake in Nuveen AMT-Free Quality Municipal Income Fund in the fourth quarter valued at $31,000. Entrust Financial LLC bought a new stake in Nuveen AMT-Free Quality Municipal Income Fund in the fourth quarter valued at $32,000. Traub Capital Management LLC acquired a new position in Nuveen AMT-Free Quality Municipal Income Fund during the second quarter worth $34,000. Finally, Fifth Third Bancorp acquired a new position in Nuveen AMT-Free Quality Municipal Income Fund during the third quarter worth $42,000.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) is a closed-end management investment company that seeks to provide high current income exempt from federal alternative minimum tax. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, focusing on securities that enjoy strong credit quality and are issued by states, municipalities and public authorities across the United States.

In constructing its portfolio, NEA emphasizes bonds that are rated investment grade by one or more major rating agencies, with an aim to balance income generation and risk management.