Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) vs Western Asset Diversified Income Fund (WDI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nuveen New York AMT-Free Quality Municipal Income Fund is the larger company by market cap ($812.6 million vs $605.3 million), about 1.3 times the size. On valuation, Western Asset Diversified Income Fund trades at a lower trailing P/E (10.7x vs 29.1x for Nuveen New York AMT-Free Quality Municipal Income Fund). Nuveen New York AMT-Free Quality Municipal Income Fund pays a dividend yielding 8.89%, while Western Asset Diversified Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NRK | WDI |
|---|---|---|
| Share price | $9.32 | $11.66 |
| Market cap | $812.60M | $605.30M |
| 1-day change | +1.03% | -0.17% |
| P/E ratio (TTM) | 29.11 | 10.70 |
| EPS (TTM) | $0.32 | $1.09 |
| Dividend yield | 8.89% | 15.26% |
| Annual dividend | $0.828 | $0.00 |
| 52-week high | $10.90 | $14.97 |
| 52-week low | $9.01 | $11.57 |
| Distance from 52-week high | -14.54% | -22.11% |
| Analyst consensus | hold | — |
| Average volume | 370.18K | 278.21K |
| Shares outstanding | 87.24M | 51.91M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen New York AMT-Free Quality Municipal Income Fund trades at a higher earnings multiple (29.1x vs 10.7x trailing P/E).
- Western Asset Diversified Income Fund offers a meaningfully higher dividend yield (15.26% vs 8.89%).
About Nuveen New York AMT-Free Quality Municipal Income Fund
NRK stock →Nuveen New York AMT-Free 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.
Finance · Trusts Except Educational Religious and Charitable
NRK vs WDI FAQ
Which is bigger, Nuveen New York AMT-Free Quality Municipal Income Fund or Western Asset Diversified Income Fund?
Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) is larger, with a market capitalization of $812.60M compared with $605.30M for Western Asset Diversified Income Fund (WDI).
Which has the lower P/E ratio, NRK or WDI?
WDI has the lower trailing P/E at 10.7, versus 29.1 for NRK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nuveen New York AMT-Free Quality Municipal Income Fund or Western Asset Diversified Income Fund?
Western Asset Diversified Income Fund has the higher yield at 15.26%, compared with 8.89% for Nuveen New York AMT-Free Quality Municipal Income Fund.
Are Nuveen New York AMT-Free Quality Municipal Income Fund and Western Asset Diversified Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.