Nuveen Municipal Credit Income Fund (NZF)
| Market Value | 2.36B |
| Revenue (ttm) | 206.42M |
| Net Income (ttm) | 101.79M |
| Shares Out | 193.73M |
| EPS (ttm) | 0.53 |
| PE Ratio | 23.16 |
| Forward PE | n/a |
| Dividend | $0.96 (7.89%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 738,124 |
| Open | 12.15 |
| Previous Close | 12.20 |
| Day's Range | 12.10 - 12.22 |
| 52-Week Range | 11.39 - 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]
News
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NZF: A High Yielding, Well Run CEF, But The Distribution Is Likely Not Sustainable
NZF offers a high distribution yield of 7.33%, but its earnings coverage ratio and negative UNII suggest a possible future distribution cut. The fund's discount to NAV is currently -5.24%, below its 6...
Ideas For Managing CEF Discount Volatility
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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...
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NZF: Nuveen Muni With Average Statistics Still Rates A Buy
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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...
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...
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
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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...
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.
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...
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...
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...
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...
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 ...
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...
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...