Company: NRK
Filing Date: 2025-11-06
Form Type: N-CSR
Source: 0001193125-25-269228
Chunk: 51

Company: NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND
Filing Date: 2025-11-06
Form: N-CSR
Chunk 51
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 the value of a total return swap during the fiscal period are recognized as a component of “Change in net unrealized appreciation (depreciation) of swaps” and realized gains and losses are recognized as a component of “Net realized gain (loss) from swaps” on the Statement of Operations. For over-the-counter (“OTC”) swaps, the daily change in market value of the swap contract, along with any daily interest accrued, are recognized as components of “Unrealized appreciation or depreciation on credit default swaps” on the Statement of Assets and Liabilities. The average notional amount of Total Return swap contracts outstanding during the current fiscal period was as follows:

| Fund |     | Average Notional Amount of Swap Contracts 
 Outstanding*                              |             |
| NQP  |     |                                           | $28,171,038 |

* The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding from September 1, 2024 through October 7, 2024 (last swap contract exited).

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Notes to Financial Statements (continued) During the current fiscal period, the effect of derivative contracts on the Funds’ Statements of Operations was as follows:

| Derivative Instrument |     | Risk Exposure |     | Net Realized Gain 
 (Loss)            |               |     | Change in      
 Unrealized     
 Appreciation   
 (Depreciation) |          |
| NQP                   |     |               |     |                   |               |     |                |          |
| Swap contracts        |     | Equity        |     |                   | $(10,619,714) |     |                | $724,120 |

Market and Counterparty Credit Risk: In the normal course of business each Fund may invest in financial instruments and enter into financial transactions where risk of potential loss exists due to changes in the market (market risk) or failure of the other party to the transaction to perform (counterparty credit risk). The potential loss could exceed the value of the financial assets recorded on the financial statements. Financial assets, which potentially expose each Fund to counterparty credit risk, consist principally of cash due from counterparties on forward, option and swap transactions, when applicable. The extent of each Fund’s exposure to counterparty credit risk in respect to these financial assets approximates their carrying value as recorded on the Statement of Assets and Liabilities. Each Fund helps manage counterparty credit risk by entering into agreements only with counterparties the Adviser believes have the financial resources to honor their obligations and by having the Advis