Karpus Management Amends 13D Filing for Nuveen Muni Fund
Ticker: NEA · Form: SC 13D/A · Filed: Aug 15, 2024 · CIK: 1195737
| Field | Detail |
|---|---|
| Company | Nuveen Amt-Free Quality Municipal Income Fund (NEA) |
| Form Type | SC 13D/A |
| Filed Date | Aug 15, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $238,480,125, $10.93, $11.05, $11.14, $11.34 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-A, ownership-change, municipal-bond-fund
TL;DR
Karpus Management updated its stake in Nuveen AMT-Free Quality Muni Fund. Watch for potential changes.
AI Summary
Karpus Management, Inc. has filed an amendment (No. 6) to its Schedule 13D for Nuveen AMT-Free Quality Municipal Income Fund, as of August 15, 2024. The filing indicates a change in the beneficial ownership of the fund's common shares by Karpus Management, Inc. The specific details of the change in ownership percentage or number of shares are not provided in this excerpt.
Why It Matters
This filing signals a potential shift in significant ownership of the Nuveen AMT-Free Quality Municipal Income Fund, which could influence the fund's management or strategic direction.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor intent or significant portfolio adjustments, warranting attention.
Key Players & Entities
- Karpus Management, Inc. (company) — Filing party
- Nuveen AMT-Free Quality Municipal Income Fund (company) — Subject company
- Daniel L. Lippinco (person) — Mentioned individual
FAQ
What specific changes in beneficial ownership are reported in this amendment?
This excerpt does not provide the specific details of the changes in beneficial ownership, only that an amendment (No. 6) has been filed as of August 15, 2024.
What is the CUSIP number for Nuveen AMT-Free Quality Municipal Income Fund?
The CUSIP number for Nuveen AMT-Free Quality Municipal Income Fund is 670657105.
Who is the filing party for this Schedule 13D/A?
The filing party is Karpus Management, Inc.
What is the business address of Karpus Management, Inc.?
The business address of Karpus Management, Inc. is 183 Sully's Trail, Pittsford, NY 14534.
What is the filing date of this Schedule 13D/A?
The filing date of this Schedule 13D/A is August 15, 2024.
Filing Stats: 1,321 words · 5 min read · ~4 pages · Grade level 8.1 · Accepted 2024-08-15 17:31:54
Key Financial Figures
- $238,480,125 — cially owned by Karpus is approximately $238,480,125.12, excluding brokerage commissions. Th
- $10.93 — S) Purchase of Common Stock 25,130 $10.93 6/3/2024 Sale of Common Stock (5,2
- $11.05 — /2024 Sale of Common Stock (5,244) $11.05 6/5/2024 Purchase of Common Stock
- $11.14 — 24 Purchase of Common Stock 21,750 $11.14 6/6/2024 Sale of Common Stock (190
- $11.34 — /6/2024 Sale of Common Stock (190) $11.34 6/20/2024 Purchase of Common Stock
- $11.36 — 024 Purchase of Common Stock 3,500 $11.36 6/21/2024 Purchase of Common Stock
- $11.39 — 024 Purchase of Common Stock 1,000 $11.39 6/25/2024 Sale of Common Stock (6,
- $11.40 — /2024 Sale of Common Stock (6,525) $11.40 6/27/2024 Sale of Common Stock (44
- $11.33 — 27/2024 Sale of Common Stock (447) $11.33 7/1/2024 Sale of Common Stock (60,
- $11.41 — 2024 Sale of Common Stock (60,673) $11.41 7/2/2024 Purchase of Common Stock
- $11.27 — /2024 Sale of Common Stock (1,250) $11.27 7/9/2024 Sale of Common Stock (6,0
- $11.35 — /2024 Sale of Common Stock (6,090) $11.35 7/10/2024 Sale of Common Stock (13
- $11.52 — 024 Sale of Common Stock (131,292) $11.52 7/11/2024 Sale of Common Stock (39
- $11.57 — 024 Sale of Common Stock (392,566) $11.57 7/12/2024 Sale of Common Stock (2,
- $11.45 — /2024 Sale of Common Stock (2,425) $11.45 7/15/2024 Sale of Common Stock (63
Filing Documents
- karpus-sch13d_18853.htm (SC 13D/A) — 98KB
- 0001072613-24-000645.txt ( ) — 100KB
Business
Owned Kathleen Finnerty Crane Chief Financial Officer 183 Sully’s Trail, Pittsford, New York 14534 12,800 Shares Thomas Michael Duffy Senior Vice President and Director of Operations 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Daniel Lee Lippincott President and Chief Investment Officer 183 Sully’s Trail, Pittsford, New York 14534 3,000 Shares Jodi Lee Hedberg Chief Compliance Officer 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Thomas Wayne Griffith Director 17 East Market Street, West Chester, Pennsylvania 19382 80 0 Shares Carlos Manuel Yuste Director 17 East Market Street, West Chester, Pennsylvania 19382 0 Shares SCHEDULE B Transactions in the Shares since the amended Schedule 13D filing on June 4, 2024. Nature of the Transaction Shares Purchased/(Sold) Price Per Share($) Date of Purchase / Sale KARPUS MANAGEMENT, INC., D/B/A/ KARPUS INVESTMENT MANAGEMENT (THROUGH THE ACCOUNTS) Purchase of Common Stock 25,130 $10.93 6/3/2024 Sale of Common Stock (5,244) $11.05 6/5/2024 Purchase of Common Stock 21,750 $11.14 6/6/2024 Sale of Common Stock (190) $11.34 6/20/2024 Purchase of Common Stock 3,500 $11.36 6/21/2024 Purchase of Common Stock 1,000 $11.39 6/25/2024 Sale of Common Stock (6,525) $11.40 6/27/2024 Sale of Common Stock (447) $11.33 7/1/2024 Sale of Common Stock (60,673) $11.41 7/2/2024 Purchase of Common Stock 1,000 $11.36 7/3/2024 Sale of Common Stock (1,250) $11.27 7/9/2024 Sale of Common Stock (6,090) $11.35 7/10/2024 Sale of Common Stock (131,292) $11.52 7/11/2024 Sale of Common Stock (392,566) $11.57 7/12/2024 Sale of Common Stock (2,425) $11.45 7/15/2024 Sale of Common Stock (63,858) $11.38 7/16/2024 Sale of Common Stock (197,992) $11.36 7/17/2024 Sale of Common Stock (350) $11.32 7/18/2024 Sale of Common Stock (125,050) $