Nuveen New York Quality Municipal Income Fund V.NAN

Primary Symbol: NAN

Nuveen New York Quality Municipal Income Fund (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal, New York state, and New York City income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality. The Fund invests in various sectors, such as consumer staples, health care, transportation, and utilities. The Funds’ investment adviser is Nuveen Fund Advisors, LLC.

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Nuveen New York Quality Municipal Income Fund

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Post by Campinon Sep 26, 2013 11:43am

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Post# 21769775

Little disappointed..

Little disappointed, I like these guys... I gotta think that the market reaction is that this is not the news everyone was waiting for and with the annoucement of the end of the drill program people are probably thinking that (with the exception of the Imiak Hill holes) there is nothing to move this stock and a long wait until the next drill season... Also they seem to have a pretty high burn rate, 5 million for about 4,000 meters, and will probably have to go to market again before the winter program...

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