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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.079 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen AMT-Free Municipal Credit Income Fund Trading Up 0.4%

NVG stock opened at $12.85 on Thursday. Nuveen AMT-Free Municipal Credit Income Fund has a 52 week low of $11.50 and a 52 week high of $13.59. The company has a fifty day simple moving average of $12.59 and a two-hundred day simple moving average of $12.70.

Institutional Investors Weigh In On Nuveen AMT-Free Municipal Credit Income Fund

Several large investors have recently modified their holdings of NVG. Main Street Group LTD purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income Fund in the 1st quarter worth approximately $28,000. Parallel Advisors LLC raised its stake in shares of Nuveen AMT-Free Municipal Credit Income Fund by 462.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,000 shares of the company’s stock worth $37,000 after acquiring an additional 2,467 shares in the last quarter. Hantz Financial Services Inc. lifted its position in Nuveen AMT-Free Municipal Credit Income Fund by 2,341.7% during the fourth quarter. Hantz Financial Services Inc. now owns 3,101 shares of the company’s stock valued at $39,000 after acquiring an additional 2,974 shares during the last quarter. Noble Wealth Management PBC acquired a new stake in Nuveen AMT-Free Municipal Credit Income Fund in the fourth quarter valued at approximately $40,000. Finally, Geneos Wealth Management Inc. boosted its stake in Nuveen AMT-Free Municipal Credit Income Fund by 65.1% in the second quarter. Geneos Wealth Management Inc. now owns 3,775 shares of the company’s stock valued at $45,000 after acquiring an additional 1,488 shares in the last quarter.

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.