Karpus Management Amends Nuveen NY Muni Fund Filing

TL;DR

Karpus Management updated their stake in Nuveen NY Muni Fund. Watch for more details.

AI Summary

Karpus Management, Inc. has filed an amendment (SC 13D/A) on March 4, 2024, regarding their holdings in Nuveen New York AMT-Free Quality Municipal Income Fund. The filing indicates a change in their beneficial ownership, though specific new percentages or dollar amounts are not detailed in this excerpt.

Why It Matters

This filing signals a potential shift in significant shareholder activity for the Nuveen New York AMT-Free Quality Municipal Income Fund, which could influence its market performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in a significant investor's position, which can lead to market volatility.

Key Players & Entities

• Karpus Management, Inc. (company) — Filing entity
• Nuveen New York AMT-Free Quality Municipal Income Fund (company) — Subject company
• Daniel L. Lippincott (person) — President and Chief In

FAQ

Key Financial Figures

• $216,327,261 — cially owned by Karpus is approximately $216,327,261.24, excluding brokerage commissions. Th
• $10.61 — TS) Purchase of Common Stock 10,000 $10.61 1/8/2024 Purchase of Common Stock 2
• $10.60 — 024 Purchase of Common Stock 27,860 $10.60 1/9/2024 Purchase of Common Stock 2
• $10.59 — 024 Purchase of Common Stock 24,725 $10.59 1/10/2024 Purchase of Common Stock
• $10.56 — 2024 Purchase of Common Stock 5,400 $10.56 1/12/2024 Purchase of Common Stock
• $10.47 — 2024 Purchase of Common Stock 1,300 $10.47 1/16/2024 Purchase of Common Stock
• $10.45 — 024 Purchase of Common Stock 55,455 $10.45 1/23/2024 Purchase of Common Stock
• $10.51 — 24 Purchase of Common Stock 100,000 $10.51 1/24/2024 Purchase of Common Stock
• $10.53 — 2024 Purchase of Common Stock 4,000 $10.53 1/25/2024 Purchase of Common Stock
• $10.54 — 2024 Purchase of Common Stock 8,000 $10.54 1/26/2024 Purchase of Common Stock
• $10.68 — 2024 Purchase of Common Stock 8,000 $10.68 1/30/2024 Purchase of Common Stock
• $10.70 — 024 Purchase of Common Stock 19,700 $10.70 1/31/2024 Purchase of Common Stock
• $10.73 — 2024 Purchase of Common Stock 6,014 $10.73 2/6/2024 Purchase of Common Stock 2
• $10.76 — 024 Purchase of Common Stock 20,486 $10.76 2/7/2024 Purchase of Common Stock 1
• $10.79 — 024 Purchase of Common Stock 12,375 $10.79 2/8/2024 Purchase of Common Stock 4

Filing Documents

• karpus-sch13d_18788.htm (SC 13D/A) — 107KB
• exh-1_18788.htm (EX-1) — 22KB
• image_006.jpg (GRAPHIC) — 6KB
• 0001072613-24-000290.txt ( ) — 139KB

Interest

Item 5. Interest in Securities of the Issuer . Item 5(a)-(c) are hereby amended to read as follows: (a) As of the close of business on February 29, 2024 Karpus beneficially owned an aggregate of 20,064,747.13 Shares held in the Accounts, which represents approximately 23.00% of the 87,235,304 Shares reported as outstanding as of August 31, 2023 on the Form N-CSR filed by the Issuer for the semi-annual period ended August 31, 2023. (b) 1. Sole power to vote or direct vote:19,719,747.13 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition:20,064,747.13 4. Shared power to dispose or direct the disposition:0 (c) The transactions in the Shares by Karpus through the Accounts since the amended Schedule 13D filing on January 8, 2024 are set forth on Schedule B and incorporated herein for reference.

Material

Item 7. Material to be Filed as Exhibits . Item 7 of the Original Schedule 13D is hereby amended to add the following exhibit: Exhibit No. Description 1 Letter to the Secretary, dated March 1, 2024. CUSIP No.670656107 13D Page 5 of 6 Pages SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 4, 2024 KARPUS MANAGEMENT, INC. By: /s/ Daniel L. Lippincott Name: Daniel L. Lippincott Title: President and Chief Investment Officer CUSIP No. 670656107 13D Page 6 of 6 Pages SCHEDULE A Executive Officers & Directors of Karpus Management, Inc., d/b/a Karpus Investment Management Name Position & Present Principal Occupation

Business

Owned Kathleen Finnerty Crane Chief Financial Officer 183 Sully’s Trail, Pittsford, New York 14534 150 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 4,300 Shares Brett David Gardner Senior Vice President 183 Sully’s Trail, Pittsford, New York 14534 1,275 Shares Jodi Lee Hedberg Chief Compliance Officer 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Thomas Wayne Griffin Director 17 East Market Street, West Chester, Pennsylvania 19382 90 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 January 8, 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 10,000 $10.61 1/8/2024 Purchase of Common Stock 27,860 $10.60 1/9/2024 Purchase of Common Stock 24,725 $10.59 1/10/2024 Purchase of Common Stock 5,400 $10.56 1/12/2024 Purchase of Common Stock 1,300 $10.47 1/16/2024 Purchase of Common Stock 55,455 $10.45 1/23/2024 Purchase of Common Stock 100,000 $10.51 1/24/2024 Purchase of Common Stock 4,000 $10.53 1/25/2024 Purchase of Common Stock 8,000 $10.54 1/26/2024 Purchase of Common Stock 8,000 $10.68 1/30/2024 Purchase of Common Stock 19,700 $10.70 1/31/2024 Purchase of Common Stock 33 $10.68 2/1/2024 Purchase of Common Stock 6,014 $10.73 2/6/2024 Purchase of Common Stock 20,486 $10.76 2/7/2024 Purchase of Common Stock 12,375 $10.79 2/8/2024 Purchase of Common Stock 4,166 $10.83 2/9/2024 Sale of Common Stock

View Full Filing

View this SC 13D/A filing on SEC EDGAR