Nuveen New York Quality Municipal Income Fund NAN
$11.02 $0.02 (0.18%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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NAN Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Nuveen New York Quality Municipal Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nuveen New York Quality Municipal Income Fund. Stock Analysis NAN
United States N/A Small Cap Nuveen New York Quality Municipal Income Fund is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. Nuveen New York Quality Municipal Income Fund (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objectives are to provide current income exempt from regular federal, New York State and New York City income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds. The company will invest at least 80% of its managed assets in investment-grade securities that, at the time of investment, are rated within the four highest grades (Baa or BBB or better) by at least one nationally recognized statistical rating organization (an NRSRO). The Fund may invest up to 20% of its managed assets in municipal securities that, at the time of investment, are rated below investment grade. The company may also invest up to 15% of its managed assets in inverse floating rate securities. The company invests in various sectors, such as transportation, healthcare, housing and others. Its investment adviser is Nuveen Fund Advisors, LLC.
Nuveen New York Quality Municipal Income Fund (NAN) Chart
Financial Metrics & Statements of Nuveen New York Quality Municipal Income Fund (NAN)
FAQ's for Nuveen New York Quality Municipal Income Fund (NAN)
- As of August 2026, Nuveen New York Quality Municipal Income Fund NAN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nuveen New York Quality Municipal Income Fund using these criteria to determine its compliance status.
- Muslim investors may consider investing in Nuveen New York Quality Municipal Income Fund if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Nuveen New York Quality Municipal Income Fund by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Nuveen New York Quality Municipal Income Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Nuveen New York Quality Municipal Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Nuveen New York Quality Municipal Income Fund (NAN)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
