Nuveen Massachusetts Quality Municipal Income Fund (NMT) To Go Ex-Dividend on November 14th

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.064 per share by the financial services provider on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, November 14th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 0.9%

NYSE:NMT opened at $11.46 on Wednesday. Nuveen Massachusetts Quality Municipal Income Fund has a 52-week low of $10.90 and a 52-week high of $12.33. The stock has a 50-day simple moving average of $11.55 and a 200 day simple moving average of $11.62.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. ST Germain D J Co. Inc. acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the second quarter valued at approximately $47,000. Private Advisor Group LLC acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the first quarter valued at approximately $120,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the second quarter valued at approximately $120,000. Moors & Cabot Inc. acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the second quarter valued at approximately $123,000. Finally, Brookwood Investment Group LLC acquired a new position in Nuveen Massachusetts Quality Municipal Income Fund during the first quarter valued at approximately $189,000. 16.55% of the stock is owned by institutional investors and hedge funds.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.