This is a high-quality, attractively valued holding with positive momentum, but weak growth and a stretched position near its 52-week high leave near-term risk/reward geometry unattractive.
Thesis pillars
- High Quality Strong Margins→Stable
- Attractive Valuation Low Peg→Stable
- Declining Revenue Growth Concern→Stable
- +2 more pillars — see the Why tab for full reasoning
Nuveen New York AMT-Free Qualit (NRK) Stock Analysis
Inst Constrain edge
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $10.32, but acceptable to hold if already in. Reasons: Near 52-week high (4.4% away); Weak growth.
Nuveen New York 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 Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The... Read more
Hold if already holding. Not a fresh buy at $10.32, but acceptable to hold if already in. Reasons: Near 52-week high (4.4% away); Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·3 ceiling hits
Revenue shrinking — -1.8% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $10.32, but acceptable to hold if already in. Reasons: Near 52-week high (4.4% away); Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $10.53 (+2.0%), stop $10.14 (−1.8%), A.R:R 0.0:1. Score 5.7/10, moderate confidence.
Take-profit target: $10.53 (+2.0% upside). Target $10.53 (+2.0%), stop $10.14 (−1.8%), A.R:R 0.0:1. Stop-loss: $10.14.
Near 52-week high (4.4% away); Weak growth.
Nuveen New York AMT-Free Qualit trades at a P/E of 32.4 (forward N/A). TrendMatrix value score: 7.2/10. Verdict: Hold.
What does Nuveen New York AMT-Free Qualit do?Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen...
Nuveen New York 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 Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New York Municipal Bond Index and the Standard & Poor's (S&P) Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.