Permanent Capital Management’s Nuveen Municipal Credit Income Fund NZF Stock Holding History

Permanent Capital Management’s Portfolio NZF Stock Details NZF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-11,397	Closed	-$144K	–	166
2025 Q3	$144K	Buy	+11,397	New	+$137K	0.03%	141
2025 Q1	$140K	Sell	11,381 -1,027	-8%	-$12.8K	0.04%	69
2024 Q4	$151K	Buy	+12,408	New	+$157K	0.05%	70
2024 Q2	$137K	Buy	+11,397	New	+$137K	0.03%	145

Other funds holding NZF

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

MPW

Melone Private Wealth Auburn Hills, Michigan $263M AUM 13.16% 1-Year Est. Return

Permanent Capital Management's NZF Position: Q4 2025 in Review

Permanent Capital Management sold out of Nuveen Municipal Credit Income Fund (NZF) in Q4 2025, closing a stake of 11,397 shares — an estimated $144K sold.

Permanent Capital Management first reported a position in NZF in Q2 2024 and held it in 4 quarters. The position peaked at $151K in Q4 2024. 234 funds tracked by Wall St. Rank hold NZF as of Q4 2025.

Permanent Capital Management reported no remaining Nuveen Municipal Credit Income Fund position as of Q4 2025 after selling out during the quarter.
Permanent Capital Management sold 11,397 Nuveen Municipal Credit Income Fund shares in Q4 2025, an estimated $144K.
Permanent Capital Management first reported a position in Nuveen Municipal Credit Income Fund in Q2 2024 and held it in 4 quarters.
Permanent Capital Management's Nuveen Municipal Credit Income Fund position peaked at $151K in Q4 2024.
234 funds tracked by Wall St. Rank held Nuveen Municipal Credit Income Fund as of Q4 2025.

Based on Permanent Capital Management's 13F filing for Q4 2025, filed 7 Jan 2026.