Nuveen Municipal Credit Income Fund (NZF)

NYSE: NZF · Real-Time Price · USD
12.71
+0.09 (0.71%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.71%
Market Value 2.46B
Revenue (ttm) 206.42M
Net Income (ttm) 101.79M
Shares Out 193.73M
EPS (ttm) 0.53
PE Ratio 24.19
Forward PE n/a
Dividend $0.96 (7.57%)
Ex-Dividend Date Nov 15, 2024
Volume 369,104
Open 12.66
Previous Close 12.62
Day's Range 12.62 - 12.72
52-Week Range 11.20 - 13.24
Beta 0.63
Analysts n/a
Price Target n/a
Earnings Date n/a

About NZF

Nuveen 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 the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities rated Baa/BBB or better with an average maturity of around 18 years. The fund employs fu... [Read more]

Sector Financials
Founded 2001
Country United States
Stock Exchange NYSE
Ticker Symbol NZF
Full Company Profile

News

Ideas For Managing CEF Discount Volatility

Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make ...

2 months ago - Seeking Alpha

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors l...

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3 months ago - Seeking Alpha

Opportunities In Income Securities That Have Lagged The Rally

Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gl...

4 months ago - Seeking Alpha

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.

Other symbols: NADNEA
5 months ago - Forbes

Municipal CEF Update: High Yields And Wide Discounts

Municipal CEFs have seen distribution hikes in response to activist attacks, aiming to tighten discounts and attract additional demand. Municipal bonds offer attractive valuations, high tax exemption ...

Other symbols: MMUNAD
5 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
6 months ago - Business Wire

Think Stocks Are Overpriced? This Savvy Bond Buy Is 12% Off

This market rally could roll right through the summer (so much for “Sell in May and go away!”), and we've got two sweet bond buys to play it.

Other symbols: TLT
6 months ago - Forbes

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

Municipal Bond CEFs are trading at their largest discounts in 18 years. Factors contributing to the discounts include higher short-term rates, ownership of longer-term municipal bonds, and leverage. N...

10 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
1 year ago - Business Wire

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...

Other symbols: NACNADNANNAZNCANEANIM
1 year ago - Business Wire

Municipal Bond CEF Update Aug 2023: Valuations Are Incredible

Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affecte...

Other symbols: ETXEVNFMNKSMMMUMQYNAD
1 year ago - Seeking Alpha

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...

Other symbols: BTZCMUDSLETXEVGEVNFLC
1 year ago - Seeking Alpha

These Tax-Free Dividends Will Be The Darlings Of 2024

There's a crop of outsized dividends out there that are absurdly underpriced—I'm talking 14%-off discounts here. And our opportunity to pounce has arrived.

Other symbols: MUB
1 year ago - Forbes

Municipal CEF Update: Valuation In The Sweet Spot

In this article, we take a fresh look at the tax-exempt Municipal CEF sector. Both Muni CEF discounts and yields are near their decade-high level, making the sector valuation attractive. We highlight ...

Other symbols: BTTNAD
1 year ago - Seeking Alpha

NZF: Very Erratic Payouts Explained

The Nuveen Municipal Credit Income Fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes. The fund seeks to invest in investment-grade...

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: April 23, 2023

1 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. ETV/EXD merger completed.

Other symbols: ETV
1 year ago - Seeking Alpha

Nuveen Municipal Credit Income Fund Declares Post-Merger Distribution

NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSE: NZF) has declared a post-merger distribution. The distribution follows the pre-merger distribution...

1 year ago - Business Wire

Nuveen Municipal Closed-End Funds Announce Completion of Mergers

NEW YORK--(BUSINESS WIRE)--The mergers of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) and Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG) into Nuveen Municipal Credit Income Fund (N...

1 year ago - Business Wire

Nuveen Closed-End Funds Announce Intention to Redeem Preferred Shares

NEW YORK--(BUSINESS WIRE)--As previously announced, shareholders of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) and Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG), and preferred sh...

1 year ago - Business Wire

Nuveen Municipal Closed-End Funds Announce Shareholder Approval of Proposed Mergers

NEW YORK--(BUSINESS WIRE)--Common and preferred shareholders of Nuveen Ohio Municipal Quality Income Fund (NYSE: NUO) and Nuveen Georgia Municipal Quality Income Fund (NYSE: NKG), and preferred shareh...

1 year ago - Business Wire

CEF Report February 2023 | The January Effect Didn't Disappoint

The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors ...

1 year ago - Seeking Alpha

Muni CEF Update: Great Time To Buy But Not Without Challenges

What a difference a year makes - a year ago Muni bond yields were barely above 1% while Muni CEF discounts were close to zero. This time around both bond yields and CEF discounts are at very attractiv...

Other symbols: BTTNAD
1 year ago - Seeking Alpha

Nuveen Municipal Closed-End Funds Announce Proposed Reorganizations and Shareholder Meeting Update

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO), Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG), and Nuveen Municipal Credit Income...

2 years ago - Business Wire

These Funds Are Solid Bargains When Markets Go South. 9 That Offer High Yields.

Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.

Other symbols: FPFGOFGUGLDPMHFSBITBLD
2 years ago - Barrons

CEF Report July 2022: Not Safe To Tread In Taxables Just Yet

CEF NAVs took a big hit in June and continue to show downward trends as they have for most of this year. That trend is driven by wider spreads. Discounts have tightened a bit in recent weeks and are b...

Other symbols: BBNDMOEICMVFNCZNHSOIA
2 years ago - Seeking Alpha