Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be given a dividend of 0.0725 per share by the investment management company on Tuesday, July 1st. This represents a $0.87 annualized dividend and a yield of 7.53%. The ex-dividend date is Friday, June 13th.
Nuveen Arizona Quality Municipal Income Fund Stock Performance
NAZ traded down $0.02 on Thursday, reaching $11.56. 16,523 shares of the company traded hands, compared to its average volume of 20,803. The stock's 50 day moving average price is $11.86 and its 200-day moving average price is $12.04. Nuveen Arizona Quality Municipal Income Fund has a 52-week low of $10.92 and a 52-week high of $13.55.
Institutional Investors Weigh In On Nuveen Arizona Quality Municipal Income Fund
A hedge fund recently raised its stake in Nuveen Arizona Quality Municipal Income Fund stock. Royal Bank of Canada boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Free Report) by 11.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,983 shares of the investment management company's stock after purchasing an additional 2,391 shares during the quarter. Royal Bank of Canada owned about 0.21% of Nuveen Arizona Quality Municipal Income Fund worth $289,000 at the end of the most recent quarter. 15.28% of the stock is owned by hedge funds and other institutional investors.
About Nuveen Arizona Quality Municipal Income Fund
(
Get Free Report)
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.
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