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Nuveen AMT-Free Municipal Credit Income Fund

NVG

Market cap $2.49B

11.56 USD

-0.06

0.52%

At close Updated Sep 14, 4:00 PM EDT

Pre-market

After hours

11.45

-0.11

0.95%

1 day

-0.52%

5 days

-3.59%

1 month

-7.37%

3 months

-8.33%

6 months

-8.98%

Year to date

-8.76%

1 year

-6.24%

5 years

-35.24%

10 years

-26.93%

About: Nuveen AMT-Free Municipal Credit Income Fund is a diversified, closed-end management investment company. Its objective is to provide current income exempt from regular federal income tax and federal alternative minimum tax applicable to individuals and enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the investment adviser believes are underrated or undervalued or represent undervalued municipal market sectors.

Financials Asset Management

News

Positive

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Sentiment 3-Months

Positive 50%

Neutral 50%

Negative 0%

7%+ Yielding Monthly Dividend Machines For Tax-Advantaged Retirement Income

Finding securities that generate high monthly yields is a big part of successful retirement income investing. However, taxes can eat significantly into those earnings power. I detail 2 tax-efficient 7%+ yielding monthly dividend payers to hold in a taxable account while detailing their pros and cons.

7%+ Yielding Monthly Dividend Machines For Tax-Advantaged Retirement Income

A Pair Trade Opportunity By Nuveen Municipal Credit Income Funds

I describe a pair trade opportunity between Nuveen AMT-Free Municipal Credit Income Fund and Nuveen Municipal Credit Income Fund to exploit current mispricing. NVG and NZF have very similar, highly correlated portfolios, minimizing credit and duration risk in a paired position. Currently, NZF trades at a premium while NVG is at NAV, diverging from historical discount relationships and presenting a mean reversion opportunity.

A Pair Trade Opportunity By Nuveen Municipal Credit Income Funds

NVG: Flirting With A Premium Limits Current Appeal

Nuveen AMT-Free Municipal Credit Income Fund now trades at a slight premium, continuing the trend of tighter valuation. NVG's 7.48% yield is high and getting investors' attention, but it continues to remain significantly undercovered. I would continue to avoid NVG, though it has done incredibly well thanks to going to a premium.

NVG: Flirting With A Premium Limits Current Appeal

The Motley Fool

RiverNorth Capital Trims Position in Nuveen AMT-Free Municipal Credit Income Fund

Rivernorth Capital Management reduced Nuveen AMT-Free Municipal Credit Income Fund (NVG) position by 2,033,953 shares Quarter-end position value decreased by $24.89 million, reflecting both trading and price movement Transaction represented approximately 1.21% of Rivernorth's 13F AUM Post-trade stake: 280,382 shares valued at $3.55 million The holding now represents 0.17% of AUM, placing it outside the fund's top five holdings

RiverNorth Capital Trims Position in Nuveen AMT-Free Municipal Credit Income Fund

NVG Vs. NZF: Comparing Nuveen Munis I Hold

I increased exposure to municipal bond CEFs, adding Nuveen AMT-Free Municipal Credit Income Fund and Nuveen Municipal Credit Income Fund for higher yields. NXP remains a core holding for its high quality, low leverage, and investment-grade focus, contrasting with NVG and NZF's higher yield and risk profiles. NVG and NZF deploy over 40% leverage and hold 74–75% investment-grade bonds, with notable exposure to Illinois, Texas, and California.

NVG Vs. NZF: Comparing Nuveen Munis I Hold

NVG: Tax Efficiency And High Yield In Municipal Bonds

Nuveen AMT-Free Municipal Credit Income Fund offers a 7.79% yield, monthly distributions, and AMT-free income, appealing to tax-sensitive investors. NVG trades at a 4.85% discount to NAV, below its 10-year average, enhancing its attractiveness for value-focused buyers. The NVG fund's portfolio is diversified across 1,088 holdings, with significant allocations to tax obligation, healthcare, and housing sectors.

NVG: Tax Efficiency And High Yield In Municipal Bonds

NVG: Converting Capital Into Income

NVG is a closed-end municipal bond fund, leveraging credit and interest rate risk to maximize tax-free income for high-income investors. The fund is AMT-free and targets investors facing high federal income tax rates, but its appeal is limited by its capital return distribution. A significant portion of NVG's distribution is return of capital, not earned income, which raises concerns about sustainability and suitability.

NVG: Converting Capital Into Income

NVG: Distribution Increase Leads To Expected Discount Narrowing

Several Nuveen municipal bond closed-end funds aggressively raised distributions earlier this year, one of those funds being NVG. NVG's high leverage and potential mixture of lower credit quality exposure offer higher yields, but that does come with increased risks. Despite recent Fed rate cuts, coverage of the distribution is likely to remain weak, this is likely to lead to a mix of tax-free and tax-deferred income classified distributions.

NVG: Distribution Increase Leads To Expected Discount Narrowing

NVG: Muni Fund To Buy Hand Over Fist

Market conditions are very favorable to own long duration and top credit Muni funds, with rate cut expected and a slowing economy. NVG is a top Muni fund with 7.3% tax-exempt yield and 9.4% NAV discount. NVG's high leverage is expected to work well in the rate-declining cycle.

NVG: Muni Fund To Buy Hand Over Fist

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

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