Nuveen New York Quality Municipal Income Fund

Nuveen New York Quality Municipal Income Fund is a closed-end investment fund specializing in municipal bonds, with a primary objective to provide current income exempt from regular federal, New York State, and New York City income taxes. The fund invests at least 80% of its assets in municipal securities that are considered investment grade at the time of purchase, or are deemed of comparable quality if unrated, and it utilizes leverage to enhance income potential. Up to 20% of its portfolio may consist of below-investment-grade bonds, allowing for differentiated credit exposure within the sector. Managed by Nuveen Fund Advisors, the fund also aims to identify and invest in bonds that are underrated or undervalued within the municipal market, seeking both stable tax-exempt income and capital appreciation relative to municipal market benchmarks. Structured to benefit investors seeking federally and locally tax-advantaged distributions, the fund plays a significant role for individuals and institutions requiring New York-centric municipal income, and is an important vehicle for channeling capital into New York's public infrastructure and community development projects.