Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) to Issue $0.08 Monthly Dividend

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.079 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

NYSE NVG traded down $0.07 during trading hours on Wednesday, hitting $12.66. The company had a trading volume of 205,965 shares, compared to its average volume of 649,447. Nuveen AMT-Free Municipal Credit Income Fund has a 1-year low of $11.50 and a 1-year high of $13.59. The business has a 50 day moving average of $12.61 and a 200-day moving average of $12.70.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG) is a diversified, closed-end management investment company that primarily seeks to provide shareholders with a high level of current income exempt from federal income tax, including the alternative minimum tax. The fund pursues its objective by investing principally in investment-grade and below-investment-grade municipal obligations, with an emphasis on credits that are free from federal income tax. It may also invest up to a limited portion of its assets in municipal lease obligations, variable-rate demand notes, and other municipal derivatives.

As a part of the Nuveen family of investment products, NVG is managed by experienced municipal fixed-income professionals who conduct rigorous credit analysis and portfolio construction.