Seeking AlphaT3·29mo ago
NRK Nuveen New York AMT-Free Quality Municipal Income Fund
XNYSStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
NRK
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Key stats
About
- Exchange
- XNYS
- Market Cap
- $0.8B
- List Date
- 2003-01-16
- CIK
- 0001195739
- Homepage
- https://www.nuveen.com
Nuveen New York AMT-Free Quality Municipal Income Fund is a closed-end investment company. The Fund seeks to provide current income exempt from regular federal, New York State, and New York City income taxes, and from the federal alternative minimum tax for individuals, while enhancing portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds considered underrated, undervalued, or from undervalued municipal market sectors. It may invest in municipal securities such as lease obligations and certificates of participation, which provide an undivided interest…
Fund profile
- Expense ratio
- —
- Assets
- $815M shares × price, Oct 22, 2026
- Trailing yield
- —
- Average daily volume
- $5.3M 30 sessions
- Holdings
- —
- Listed
- Jan 16, 2003 NYSE
Costn/a
Liquidity57
Scale71
Diversificationn/a
Moves with. US large-cap stocks (12% of its variance, beta 0.27); Long Treasuries (11% of its variance, beta 0.31); Small caps over large (3% of its variance, beta 0.14). These factors explain 28% of its daily moves over the last year, so most of what drives this fund is something else.
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| CMFiShares California Muni Bond ETF | — | 0.08% | $5.3B | −4.0% | compare |
| VTECVanguard California Tax-Exempt Bond ETF | — | 0.06% | $2.6B | −4.2% | compare |
| NYFiShares New York Muni Bond ETF | — | 0.09% | $1.7B | −3.9% | compare |
| NYMAB New York Intermediate Municipal ETF | — | 0.27% | $1.3B | — | compare |
| CAMAB California Intermediate Municipal ETF | — | 0.27% | $1.2B | −2.8% | compare |
The largest other funds in the State Muni category.
Summary
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composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 1.56% | -5.10% | 8.45% | 1.42% | 0.10% | 0.79% | 1.20% |
| Feb | -1.97% | -3.50% | -7.63% | 0.00% | 2.19% | 3.24% | -1.28% |
| Mar | 1.04% | -4.71% | 3.02% | 0.37% | -3.56% | -3.68% | -1.25% |
| Apr | 0.87% | -8.66% | -1.14% | -1.39% | -3.47% | 2.52% | -1.88% |
| May | 0.50% | 5.53% | -0.10% | 0.09% | -2.77% | -0.38% | 0.48% |
| Jun | 1.72% | -5.07% | 0.68% | 2.78% | 1.12% | 1.52% | 0.46% |
| Jul | 0.77% | 4.51% | 0.19% | -0.27% | -5.65% | -3.95% | -0.73% |
| Aug | -1.18% | -5.35% | -3.94% | -0.45% | 0.69% | 0.00% | -1.71% |
| Sep | -2.61% | -9.24% | -5.12% | 0.90% | 7.48% | -8.51% | -2.85% |
| Oct | -1.23% | -3.73% | -4.02% | -3.46% | -0.88% | -0.38%* | -2.28% |
| Nov | 0.73% | 10.29% | 9.46% | 2.31% | 0.30% | -- | 4.62% |
| Dec | -0.22% | -3.93% | 3.54% | -6.02% | -0.49% | -- | -1.42% |
| Total | -0.13% | -26.87% | 1.93% | -3.98% | -5.42% | -9.03% | -7.25% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $9.25
SMA 50: $9.70
SMA 200: $10.25
Current: $9.26
EMA 12: $9.29
EMA 26: $9.40
MACD: -0.1091 | Signal: 0.0375
BEARISH
ADX (14): 22.98
WEAK TREND
+DI: 18.09
−DI: 28.00
Momentum Oscillators
RSI (14): 43.24
NEUTRAL
Stoch %K: 51.90
Stoch %D: 51.67
Williams %R: -52.98
Volume & Volatility
BB Upper: $9.40
BB Lower: $9.09
NEUTRAL
OBV: -7,179,121
Vol SMA 20: 604,621
Vol ROC: 79.07%
ATR: $0.17
True Range: $0.21
HV 20: 18.8%
HV 30: 19.8%
HV 60: 16.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks:
- Technical indicators suggest a consolidating market with no clear trend direction.
- Recent news headlines are neutral, with no significant catalysts.
- Low volatility suggests a relatively low-risk environment.
Investment Thesis: NRK is trading within a narrow range, awaiting a breakout or breakdown. The stock's low volatility and beta make it an attractive option for risk-averse investors. However, without a clear trend direction or significant news catalysts, the stock may continue to consolidate.
Recent News Sentiment Impact: The recent headlines are neutral, with no significant impact on the stock price.
Technical Analysis
Trend Direction: NEUTRAL (Short-term: Consolidating; Medium-term: Neutral; Long-term: Neutral)
Support/Resistance Levels:
- Lower Bollinger Band: $10.23
- Middle Line: $10.53
- Upper Bollinger Band: $10.84
Momentum Signals:
- RSI (14): 58.25 (neutral)
- MACD: Bearish signal line crossover
- Bollinger Bands: Neutral, neither overbought nor oversold
News & Sentiment Analysis
Recent Headlines Summary: Two recent headlines are neutral, with no significant impact on the stock price.
Sentiment Assessment: NEUTRAL (Aggregate sentiment from news headlines)
Catalyst Identification: No upcoming earnings or product launches scheduled.
Market Narrative: The market is consolidating, awaiting a breakout or breakdown. The news headlines are not providing any significant catalysts to drive the stock's movement.
Risk & Volatility Assessment
Beta Interpretation: Low beta (0.26) indicates that NRK moves less than the broader market.
Volatility Regime: Low volatility (0.09) suggests a relatively low-risk environment.
Options Market Signals:
- IV rank: N/A (no options data available)
- Put/call ratios: N/A (no options data available)
- Unusual activity: N/A (no options data available)
Downside Protection: Support levels at $10.23 and $10.18.
Market Context & Positioning
Sector Performance: NRK is performing in line with its sector.
Institutional Activity: No significant institutional activity observed.
Correlation Analysis: NRK has a moderate correlation (0.36) with the broader market.
Relative Valuation: NRK is trading within a relatively narrow range, neither overbought nor oversold.
Key Levels & Action Items
Critical Price Levels:
- Support at $10.23 and $10.18
- Resistance at $10.84
Breakout/Breakdown Levels: No significant technical levels identified.
Time-Sensitive Catalysts: No upcoming earnings or product launches scheduled.
Risk Management: Stop-loss levels at $10.15 and $10.25; position sizing considerations based on risk tolerance.
Please note that this report is a comprehensive analysis of the provided data, but it should not be considered as investment advice. The reader must use their own judgment and consider other factors before making any investment decisions.
Generated
News
All NRK news →
BenzingaT3·66mo ago
NRK Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.3393
Alpha: -13.16%
Correlation: 0.3786
R-Squared: 14.3%
Stock Volatility: 11.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NRK
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Rockefeller Capital Management Family office Rockefeller family | $285K | #2409 of 4729 | -3.0% | 13F | |
| Citadel Hedge fund Ken Griffin | $159K | #5594 of 6285 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
NRK Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
NRK Insider Trading (Form 4)
Latest: 2023-11-13Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2023-11-13 | Nathaniel T. Jones | Vice President and Treasurer | Buy (P) | +1,000 | $9.31 | $9.3K | EDGAR |
| 2022-12-02 | Michael A Perry | Vice President | Buy (P) | +42,174 | $10.68 | $450.5K | EDGAR |
| 2022-10-13 | Michael A Perry | Vice President | Sell (S) | −42,639 | $9.87 | -$420.8K | EDGAR |
| 2022-06-14 | Michael A Perry | Vice President | Buy (P) | +42,639 | $11.23 | $478.9K | EDGAR |
| 2022-05-11 | Michael A Perry | Vice President | Sell (S) | −44,762 | $10.88 | -$487.1K | EDGAR |
| 2021-03-11 | Michael A Perry | Vice President | Buy (P) | +8,568 | $13.48 | $115.5K | EDGAR |
| 2020-03-30 | CITIGROUP INC | 10%+ Owner | Mixed | −1,304 | $100000.00 | -$130.40M | EDGAR |
| 2019-11-29 | Michael A Perry | Vice President | Buy (P) | +36,194 | $13.34 | $482.9K | EDGAR |
| 2016-09-20 | CITIGROUP INC | 10%+ Owner | Sell (S) | −802 | $100000.00 | -$80.20M | EDGAR |
| 2016-09-16 | CITIGROUP INC | 10%+ Owner | Buy (P) | +300 | $100000.00 | $30.00M | EDGAR |
| 2016-09-14 | CITIGROUP INC | 10%+ Owner | Mixed | +165 | $100000.00 | $16.50M | EDGAR |
| 2016-07-18 | CITIGROUP INC | 10%+ Owner | Sell (S) | −170 | $100000.00 | -$17.00M | EDGAR |
| 2016-02-29 | CITIGROUP INC | 10%+ Owner | Sell (S) | −150 | $100000.00 | -$15.00M | EDGAR |
| 2016-02-26 | CITIGROUP INC | 10%+ Owner | Sell (S) | −168 | $100000.00 | -$16.80M | EDGAR |
| 2015-03-20 | CITIGROUP INC | 10%+ Owner | Sell (S) | −140 | $100000.00 | -$14.00M | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
1 ETF hold NRK
1 shown · $56.32K total exposure · 3.51% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | YYYM Amplify Municipal CEF High Income ETF | Amplify | 3.51% | $56,320 | $1.6M | 2026-10-22 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.