Nuveen Arizona Quality Municipal Income Fund (NAZ) to Issue Monthly Dividend of $0.04 on March 1st

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZGet Free Report) announced a monthly dividend on Thursday, February 1st, NASDAQ reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.035 per share by the investment management company on Friday, March 1st. This represents a $0.42 annualized dividend and a yield of 3.86%. The ex-dividend date is Wednesday, February 14th.

Nuveen Arizona Quality Municipal Income Fund Price Performance

Shares of NYSE NAZ opened at $10.88 on Monday. The business’s 50 day moving average is $10.76 and its two-hundred day moving average is $10.29. Nuveen Arizona Quality Municipal Income Fund has a 1-year low of $9.22 and a 1-year high of $12.01.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Morgan Stanley boosted its position in shares of Nuveen Arizona Quality Municipal Income Fund by 0.9% during the fourth quarter. Morgan Stanley now owns 196,347 shares of the investment management company’s stock valued at $2,191,000 after buying an additional 1,767 shares during the period. LPL Financial LLC boosted its position in shares of Nuveen Arizona Quality Municipal Income Fund by 2.7% during the second quarter. LPL Financial LLC now owns 155,966 shares of the investment management company’s stock valued at $2,003,000 after buying an additional 4,063 shares during the period. UBS Group AG boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 31.0% in the fourth quarter. UBS Group AG now owns 64,213 shares of the investment management company’s stock valued at $717,000 after purchasing an additional 15,207 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 6.1% in the first quarter. Commonwealth Equity Services LLC now owns 42,396 shares of the investment management company’s stock valued at $479,000 after purchasing an additional 2,421 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 5.4% in the first quarter. Bank of America Corp DE now owns 26,927 shares of the investment management company’s stock valued at $366,000 after purchasing an additional 1,383 shares during the period. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Nuveen Arizona Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.

See Also

Dividend History for Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ)

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