Nuveen AMT-Free Municipal Credit Income Fund (NVG) To Go Ex-Dividend on May 15th

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.079 per share on Monday, June 1st. This represents a c) annualized dividend and a 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 $0.05 on Wednesday, hitting $12.67. 237,973 shares of the stock were exchanged, compared to its average volume of 649,488. The stock has a fifty day moving average of $12.61 and a 200-day moving average of $12.70. Nuveen AMT-Free Municipal Credit Income Fund has a fifty-two week low of $11.50 and a fifty-two week high of $13.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Main Street Group LTD purchased a new position in Nuveen AMT-Free Municipal Credit Income Fund in the first quarter valued at about $28,000. Parallel Advisors LLC boosted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 462.9% in the third quarter. Parallel Advisors LLC now owns 3,000 shares of the company’s stock valued at $37,000 after purchasing an additional 2,467 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 2,341.7% in the fourth quarter. Hantz Financial Services Inc. now owns 3,101 shares of the company’s stock valued at $39,000 after purchasing an additional 2,974 shares during the last quarter. Noble Wealth Management PBC purchased a new position in Nuveen AMT-Free Municipal Credit Income Fund in the fourth quarter valued at about $40,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 65.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,775 shares of the company’s stock worth $45,000 after buying an additional 1,488 shares during the last quarter.

About Nuveen AMT-Free Municipal Credit Income Fund

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.