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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.


NYSE:NAN - Post by User

Comment by Allthewaydownon Aug 21, 2014 3:00pm
312 Views
Post# 22866326

RE:Now we have 4 or 5 rivers to follow....

RE:Now we have 4 or 5 rivers to follow....
It's like looking at rain on a field. In some places it sinks into the ground evenly, so there's lots of evidence of rain but no puddle. If you start seeing channels of water on the field, though, it gets exciting. Some of those channels will probably sink into the ground without forming a pool. But if you start seeing channels coming together and getting bigger, then the chances are huge that if you follow them there will be a pool at the end of them. We just saw two significant channels running in the same direction, so to discount this as "mediocre" without knowing where they go is in my opinion quite poor judgment.

Bear in mind that less than 2% of the float has changed hands in the past two days. The other 98% is not particularly perturbed.
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