Karpus Management Amends Nuveen NY Muni Fund Filing
Ticker: NRK · Form: SC 13D/A · Filed: May 31, 2024 · CIK: 1195739
| Field | Detail |
|---|---|
| Company | Nuveen New York Amt-Free Quality Municipal Income Fund (NRK) |
| Form Type | SC 13D/A |
| Filed Date | May 31, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $224,337,968, $847,568, $10.57, $10.59, $10.63 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, shareholder-filing, municipal-bond-fund
TL;DR
Karpus Management updated their stake in Nuveen NY Muni Fund, adding new group members.
AI Summary
Karpus Management, Inc. has filed an amendment (SC 13D/A) on May 31, 2024, regarding their holdings in Nuveen New York AMT-Free Quality Municipal Income Fund. The filing indicates a change in the group members, including Mat Small, Steven C. Weitz, and Taylor Gettinger, as part of Karpus Investment Management Profit Sharing Plan Fund B. Specific dollar amounts or percentage changes are not detailed in this excerpt.
Why It Matters
This filing signals a potential shift in the ownership or strategy concerning the Nuveen New York AMT-Free Quality Municipal Income Fund, which could impact its market performance and investor relations.
Risk Assessment
Risk Level: medium — Changes in significant shareholder filings can indicate potential activist involvement or strategic shifts, warranting close monitoring.
Key Players & Entities
- Karpus Management, Inc. (company) — Filing entity
- Nuveen New York AMT-Free Quality Municipal Income Fund (company) — Subject company
- Mat Small (person) — Group member
- Steven C. Weitz (person) — Group member
- Taylor Gettinger (person) — Group member
- Karpus Investment Management Profit Sharing Plan Fund B (company) — Group member
FAQ
What is the specific date of the amendment filing?
The amendment filing (SC 13D/A) was made on May 31, 2024.
Who is the primary filer of this SC 13D/A amendment?
Karpus Management, Inc. is the primary filer.
What is the subject company of this filing?
The subject company is Nuveen New York AMT-Free Quality Municipal Income Fund.
Which individuals are listed as new group members in this filing?
Mat Small, Steven C. Weitz, and Taylor Gettinger are listed as group members.
What is the business address of Karpus Management, Inc.?
The business address for Karpus Management, Inc. is 183 Sully's Trail, Pittsford, NY 14534.
Filing Stats: 2,315 words · 9 min read · ~8 pages · Grade level 7.8 · Accepted 2024-05-31 17:26:37
Key Financial Figures
- $224,337,968 — cially owned by Karpus is approximately $224,337,968.51, excluding brokerage commissions. Th
- $847,568 — es held by Karpus Fund is approximately $847,568.40, excluding brokerage commissions.
- $10.57 — S) Purchase of Common Stock 82,868 $10.57 4/18/2024 Purchase of Common Stock
- $10.59 — 024 Purchase of Common Stock 7,543 $10.59 4/19/2024 Purchase of Common Stock
- $10.63 — 24 Purchase of Common Stock 24,847 $10.63 4/22/2024 Sale of Common Stock (3,
- $10.69 — /2024 Sale of Common Stock (3,083) $10.69 4/23/2024 Purchase of Common Stock
- $10.65 — 024 Purchase of Common Stock 1,400 $10.65 4/24/2024 Purchase of Common Stock
- $10.61 — 024 Purchase of Common Stock 3,800 $10.61 4/25/2024 Purchase of Common Stock
- $10.68 — 24 Purchase of Common Stock 10,562 $10.68 5/1/2024 Purchase of Common Stock
- $10.88 — 24 Purchase of Common Stock 28,677 $10.88 5/7/2024 Purchase of Common Stock
- $10.90 — 024 Purchase of Common Stock 9,929 $10.90 5/8/2024 Sale of Common Stock (33,2
- $10.85 — /2024 Sale of Common Stock (1,275) $10.85 5/10/2024 Purchase of Common Stock
- $10.89 — 24 Purchase of Common Stock 24,789 $10.89 5/17/2024 Sale of Common Stock (2,
- $10.83 — /2024 Sale of Common Stock (8,225) $10.83 5/22/2024 Purchase of Common Stock
- $10.79 — /2024 Purchase of Common Stock 923 $10.79 5/23/2024 Purchase of Common Stock
Filing Documents
- karpus-sch13d_18820.htm (SC 13D/A) — 249KB
- exh-1_18820.htm (EX-1) — 37KB
- image_002.jpg (GRAPHIC) — 7KB
- image_003.jpg (GRAPHIC) — 3KB
- image_004.jpg (GRAPHIC) — 6KB
- 0001072613-24-000540.txt ( ) — 311KB
Business
Owned Kathleen Finnerty Crane Chief Financial Officer 183 Sully’s Trail, Pittsford, New York 14534 150 Shares Thomas Michael Duffy Senior Vice President and Director of Operations 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Daniel Lee Lippincott President and Chief Investment Officer 183 Sully’s Trail, Pittsford, New York 14534 4,300 Shares Jodi Lee Hedberg Chief Compliance Officer 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Thomas Wayne Griffith Director 17 East Market Street, West Chester, Pennsylvania 19382 90 0 Shares Carlos Manuel Yuste Director 17 East Market Street, West Chester, Pennsylvania 19382 0 Shares SCHEDULE B Transactions in the Shares since the amended Schedule 13D filing on April 22, 2024 Nature of the Transaction Shares Purchased/(Sold) Price Per Share($) Date of Purchase / Sale KARPUS MANAGEMENT, INC., D/B/A/ KARPUS INVESTMENT MANAGEMENT (THROUGH THE ACCOUNTS) Purchase of Common Stock 82,868 $10.57 4/18/2024 Purchase of Common Stock 7,543 $10.59 4/19/2024 Purchase of Common Stock 24,847 $10.63 4/22/2024 Sale of Common Stock (3,083) $10.69 4/23/2024 Purchase of Common Stock 1,400 $10.65 4/24/2024 Purchase of Common Stock 3,800 $10.61 4/25/2024 Purchase of Common Stock 30,543 $10.63 4/29/2024 Purchase of Common Stock 34,870 $10.63 4/30/2024 Purchase of Common Stock 10,562 $10.68 5/1/2024 Purchase of Common Stock 28,677 $10.88 5/7/2024 Purchase of Common Stock 9,929 $10.90 5/8/2024 Sale of Common Stock (33,209) $10.88 5/9/2024 Sale of Common Stock (1,275) $10.85 5/10/2024 Purchase of Common Stock 29,185 $10.85 5/13/2024 Purchase of Common Stock 73,223 $10.85 5/14/2024 Purchase of Common Stock 23,911 $10.88 5/16/2024 Purchase of Common Stock 24,789 $10.89 5/17/2024 Sale of Common Stock (2,414) $10.89 5/20/2024 Purchase o