Nuveen Amt-Free Municipal Income Fund (NEA) : Oak Hill Advisors Lp has sold out all of its stake in Nuveen Amt-Free Municipal Income Fund during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 558,627 shares of Nuveen Amt-Free Municipal Income Fund which is valued at $8,373,819.
Other Hedge Funds, Including , Landscape Capital Management L.l.c. reduced its stake in NEA by selling 5,157 shares or 17.2% in the most recent quarter. The Hedge Fund company now holds 24,832 shares of NEA which is valued at $372,232. Nuveen Amt-Free Municipal Income Fund makes up approx 0.05% of Landscape Capital Management L.l.c.’s portfolio.Vantage Investment Advisors boosted its stake in NEA in the latest quarter, The investment management firm added 2,322 additional shares and now holds a total of 5,030 shares of Nuveen Amt-Free Municipal Income Fund which is valued at $75,400. Nuveen Amt-Free Municipal Income Fund makes up approx 0.03% of Vantage Investment Advisors’s portfolio. Garrison Bradford Associates Inc added NEA to its portfolio by purchasing 25,000 company shares during the most recent quarter which is valued at $378,000. Nuveen Amt-Free Municipal Income Fund makes up approx 0.36% of Garrison Bradford Associates Inc’s portfolio.
Nuveen Amt-Free Municipal Income Fund closed down -0.02 points or -0.13% at $14.92 with 1,45,074 shares getting traded on Thursday. Post opening the session at $14.95, the shares hit an intraday low of $14.89 and an intraday high of $14.99 and the price fluctuated in this range throughout the day.Shares ended Thursday 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).