Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Announces $0.07 Monthly Dividend

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.068 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Friday, November 14th.

Nuveen AMT-Free Quality Municipal Income Fund Stock Up 0.0%

NEA opened at $11.66 on Tuesday. The firm’s fifty day moving average price is $11.31 and its 200 day moving average price is $11.01. Nuveen AMT-Free Quality Municipal Income Fund has a 12-month low of $10.00 and a 12-month high of $11.93.

Institutional Trading of Nuveen AMT-Free Quality Municipal Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its position in shares of Nuveen AMT-Free Quality Municipal Income Fund by 18.9% during the first quarter. Private Trust Co. NA now owns 22,832 shares of the company’s stock worth $256,000 after acquiring an additional 3,625 shares during the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund during the first quarter worth about $131,000. Bank of New York Mellon Corp bought a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund during the first quarter worth about $149,000. Concurrent Investment Advisors LLC grew its position in shares of Nuveen AMT-Free Quality Municipal Income Fund by 9.3% during the first quarter. Concurrent Investment Advisors LLC now owns 24,348 shares of the company’s stock worth $273,000 after acquiring an additional 2,078 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Nuveen AMT-Free Quality Municipal Income Fund by 2.1% during the first quarter. Envestnet Asset Management Inc. now owns 129,709 shares of the company’s stock worth $1,453,000 after acquiring an additional 2,647 shares during the last quarter.

About Nuveen AMT-Free Quality Municipal Income Fund

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.