Nuveen New York Quality Municipal Income Fund is a diversified, closed-end management investment company that seeks to provide shareholders with current income exempt from federal—and, when applicable, New York state and local—income taxes. Managed by Nuveen Asset Management, the fund primarily invests in investment-grade public finance securities issued by municipalities, authorities and other government entities in the state of New York.
The fund’s portfolio is composed predominantly of high-quality general obligation and revenue bonds, including municipal utility debt, transportation revenue bonds and other essential public project financings. In selecting investments, the management team employs a combination of top-down credit research and bottom-up security analysis, with an emphasis on issuers backed by strong fiscal fundamentals, diverse revenue streams and stable economic profiles. Geographic concentration in New York enables targeted exposure to municipal issuers supporting infrastructure, education, healthcare and transportation projects.
Launched in 2002, the fund leverages Nuveen’s broad fixed income platform and deep local research capabilities. As part of TIAA’s Nuveen organization, it benefits from extensive resources in credit analysis, portfolio construction and risk management, allowing for dynamic positioning in response to changing interest rate environments and market conditions.
The portfolio is overseen by a seasoned team of municipal bond specialists led by senior credit analysts and portfolio managers with decades of combined public finance experience. Through disciplined duration management, sector allocation and issuer diversification, the fund aims to offer a balanced risk/return profile for investors seeking high-quality tax-exempt income with a focus on New York state municipal securities.
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