Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.079 per share on Tuesday, July 1st. This represents a $0.95 annualized dividend and a dividend yield of 8.01%. The ex-dividend date of this dividend is Friday, June 13th.
Nuveen AMT-Free Municipal Credit Income Fund Stock Performance
NVG opened at $11.83 on Thursday. The business has a fifty day moving average of $11.85 and a 200 day moving average of $12.34. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $11.00 and a 52-week high of $13.56.
Institutional Trading of Nuveen AMT-Free Municipal Credit Income Fund
Large investors have recently made changes to their positions in the stock. Focus Partners Wealth lifted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 202.1% during the 1st quarter. Focus Partners Wealth now owns 71,286 shares of the company’s stock valued at $883,000 after buying an additional 47,690 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Nuveen AMT-Free Municipal Credit Income Fund in the 1st quarter worth $594,000. Finally, Royal Bank of Canada grew its position in shares of Nuveen AMT-Free Municipal Credit Income Fund by 2.1% during the 1st quarter. Royal Bank of Canada now owns 422,575 shares of the company’s stock worth $5,231,000 after buying an additional 8,780 shares in the last quarter.
About Nuveen AMT-Free Municipal Credit Income Fund
Nuveen AMT-Free 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 exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years.
See Also
- Five stocks we like better than Nuveen AMT-Free Municipal Credit Income Fund
- What is a Microcap Stock? Everything You Need to Know
- Alphabet Stock Analysis: What’s Next—Bull or Bear Market?
- What is a Secondary Public Offering? What Investors Need to Know
- 3 Utilities Stocks With Big Earnings, Balanced Risk
- Ride Out The Recession With These Dividend Kings
- NVIDIA Regains Top Spot; FOMO Is Why It Will Continue to Rise
Receive News & Ratings for Nuveen AMT-Free Municipal Credit Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Municipal Credit Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
