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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

Post by rhodiumdon Oct 22, 2013 3:47pm
252 Views
Post# 21838629

Update

Update

Called management earlier today:

- News coming out this week.

- Management is currently discussing the drilling program and is planning on starting drilling earlier than usual in the spring.

- They are also very frustrated with how the market (*cough* RBC *cough*) reacted to the last news release. We will get proper valuation once it's all said done.

GLTA

Rh

 

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