Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Shares Set to Pay Monthly Dividend of $0.08

by · The Cerbat Gem

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0790 per share on Tuesday, December 1st. This represents a $0.95 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

Nuveen AMT-Free Municipal Credit Income Fund stock traded up $0.07 on Tuesday, hitting $11.37. 319,102 shares of the stock traded hands, compared to its average volume of 730,088. The business’s fifty day simple moving average is $11.23 and its 200 day simple moving average is $12.31. Nuveen AMT-Free Municipal Credit Income Fund has a 1 year low of $10.29 and a 1 year high of $13.59.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

(Get Free Report)

Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG) is a closed-end fund managed by Nuveen, the investment management arm of TIAA. The fund seeks to provide current income that is exempt from regular U.S. federal income tax by investing primarily in municipal securities.

The fund focuses on municipal obligations issued by states, local governments and other public entities across the United States. Its portfolio may include investment-grade and below-investment-grade municipal bonds, subject to the fund’s investment policies, and is designed to provide investors with tax-advantaged exposure to the municipal bond market.

Nuveen manages the fund’s portfolio through its municipal fixed-income investment platform.

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