Nuveen AMT-Free Municipal Credit Income Fund (NVG)
Market Value | 2.73B |
Revenue (ttm) | 224.29M |
Net Income (ttm) | 93.01M |
Shares Out | 213.52M |
EPS (ttm) | 0.44 |
PE Ratio | 29.36 |
Forward PE | n/a |
Dividend | $0.95 (7.41%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 423,477 |
Open | 12.84 |
Previous Close | 12.84 |
Day's Range | 12.77 - 12.92 |
52-Week Range | 11.05 - 13.56 |
Beta | 0.66 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About NVG
Nuveen AMT-Free Municipal Credit 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. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years. It employs fundamental analysis with bottom-u... [Read more]
News
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 expo...
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 discou...
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 fo...
NVG: 3 Reasons To Be Cautious Despite Large Discount To NAV
The Nuveen AMT-Free Municipal Credit Income Fund is a popular CEF with over $4 billion in managed assets. NVG trades at a significant discount to NAV, but there are several negative factors that make ...
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
Nuveen Municipal Closed-End Funds Announce Distribution Updates
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally...
NVG: Historic Discount Available Keeps My Buy Rating
Fixed income funds have suffered due to rising rates and fear of future interest rate movements, widening the gap between asset prices and their liquidation value. The Nuveen AMT-Free Municipal Credit...
Board Announces Removal of Merger Proposal from Annual Meeting Agenda
NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP) and Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG) announce the removal of ...
These Overlooked Muni-Bond Funds Are On Sale at Deep Discounts
End-of-year tax-loss selling widens discounts from net asset values, trims prices, and boosts yields.
NVG: Nuveen's Best AMT-Free Muni Bond CEF
The Nuveen AMT-Free Municipal Credit Income Fund avoids income that could cause investors to be captured by the Alternative Minimum Tax code. Nuveen offers three CEFs in the AMT-Free Municipal Bind CE...
This 5.4% Dividend Is A 9% Payout In Disguise
Municipal bonds are too often ignored by investors. Which is a huge missed dividend opportunity.
Equity CEF Performance: Updated Through July 1, 2022
The worst half to a year in a half-century is over, with the S&P 500 down -20.0% through June 30. What's in store for the second half? Well, that depends on whose advice you trust, and frankly, there'...
Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment
I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are pr...
Will Bankruptcy Era Prices Finally Stop The Bleeding In Municipal Bond CEFs?
There have been several periods over the last 10 years in which municipal bond CEFs have dropped -20% or more at market price, not including distributions. Before this year's rout, the most recent was...
Muni CEFs: Back Up The Truck On NVG And NZF
It's been awhile since I wrote about municipal bond CEFs but considering the collapse they have seen in the last 6 weeks, it seems appropriate. When CEFs drop -15% since the beginning-of-the-year and ...
Nuveen AMT-Free Municipal Credit Income Fund Is A Good Choice For That Strategy
For investors who need to control their taxable income and AMT exposure, NVG is worth checking out. Nuveen offers three CEFs that follow an AMT-free strategy. As their bond ratings strategy differs, t...
Nuveen Credit-Focused Muni CEFs Remain Attractive
The tax-exempt sector continues to receive investor attention due to potential tailwinds of the new administration such as higher taxes and more fiscal support of municipalities. On the back of a new ...
NVG: Nuveen's Higher Yielding AMT-FREE Municipal Bond CEF
Nuveen offers over a dozen non-state-specific Municipal Bond CEFs for investors to choose from. Even these come in various investment strategies like High Yield, Quality-focused or AMT-Free.
Certain Nuveen Closed-End Funds Announce the Board’s Approval of Amended and Restated By-Laws of the Funds
NEW YORK--(BUSINESS WIRE)--Nuveen: Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG), Nuveen AMT-Free Municipal Value Fund (NYSE: NUW), Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA)...
Municipal Bond CEFs: Confusion Leads To Opportunity In NVG
Nowhere will you find more unsophisticated investors than in CEFs. But for those who follow these funds closely, you will often find opportunities to take advantage of their confusion.