Nuveen Municipal Credit Income Fund
232 hedge funds and large institutions have $382M invested in Nuveen Municipal Credit Income Fund in 2026 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 80 increasing their positions, 58 reducing their positions, and 24 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 58
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
1% less funds holding
Funds holding: 234 → 232 (-2)
1.18% less ownership
Funds ownership: 17.38% → 16.19% (-1.2%)
10% less capital invested
Capital invested by funds: $424M → $382M (-$41.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.33M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.47M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.47M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$862K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$788K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$12.9M |
| 2 |
Morgan Stanley
New York
|
-$7.17M |
| 3 |
SG
StoneX Group
New York
|
-$5.15M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$4.6M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$3.39M |
NZF Hedge Fund Activity: Q1 2026 in Review
232 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q1 2026, worth a combined $382M — down 9.7% from $424M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NZF positions and 24 closed out — a net gain of 4 holders — while 80 added to existing stakes and 58 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $4.33M. The largest seller was Bank of America, cutting an estimated $12.9M.
- 232 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q1 2026, down from 234 in Q4 2025.
- Funds reported $382M of Nuveen Municipal Credit Income Fund stock for Q1 2026, down 9.7% quarter-over-quarter.
- 28 funds opened new Nuveen Municipal Credit Income Fund positions in Q1 2026 and 24 closed out, a net change of +4 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q1 2026 was Guggenheim Capital, an estimated $4.33M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q1 2026 was Bank of America, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2026.