Nuveen Amt-Free Municipal Income Fund (NEA) : Newgate Capital Management scooped up 25,614 additional shares in Nuveen Amt-Free Municipal Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 125,534 shares of Nuveen Amt-Free Municipal Income Fund which is valued at $1,898,074.Nuveen Amt-Free Municipal Income Fund makes up approximately 1.51% of Newgate Capital Management’s portfolio.
Other Hedge Funds, Including , Rmb Capital Management added NEA to its portfolio by purchasing 187,495 company shares during the most recent quarter which is valued at $2,834,924. Nuveen Amt-Free Municipal Income Fund makes up approx 0.19% of Rmb Capital Management’s portfolio.Creative Planning reduced its stake in NEA by selling 336 shares or 0.71% in the most recent quarter. The Hedge Fund company now holds 46,951 shares of NEA which is valued at $695,814.Davenport Co reduced its stake in NEA by selling 1,211 shares or 1.76% in the most recent quarter. The Hedge Fund company now holds 67,444 shares of NEA which is valued at $999,520. Nuveen Amt-Free Municipal Income Fund makes up approx 0.01% of Davenport Co’s portfolio.
Nuveen Amt-Free Municipal Income Fund closed down -0.01 points or -0.07% at $15.11 with 1,50,462 shares getting traded on Monday. Post opening the session at $15.11, the shares hit an intraday low of $15.1 and an intraday high of $15.1419 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Nuveen AMT-Free Municipal Income Fund is a diversified closed-end investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax and in the case of AMT-Free Income (NEA) the alternative minimum tax applicable to individuals by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain United States territories. The Fund invests in corporate bonds and municipal securities. The Company’s portfolio of investments include tax obligation/limited transportation tax obligation/general health care water and sewer united states guaranteed utilities and education and civic organizations. The Funds’ investment adviser is Nuveen Fund Advisors LLC a wholly-owned subsidiary of Nuveen Investments Inc. (Nuveen).