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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be paid 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 Up 0.6%

Nuveen AMT-Free Municipal Credit Income Fund stock traded up $0.07 during trading hours on Tuesday, reaching $11.37. 319,102 shares of the stock were exchanged, compared to its average volume of 730,088. The firm’s 50 day moving average is $11.23 and its 200 day moving average is $12.31. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $10.29 and a 52-week high of $13.59.

Insider Buying and Selling at Nuveen AMT-Free Municipal Credit Income Fund

In other news, Portfolio Manager Paul Brennan sold 5,000 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $12.45, for a total value of $62,250.00. Following the completion of the transaction, the portfolio manager owned 13,050 shares in the company, valued at $162,472.50. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Trading of Nuveen AMT-Free Municipal Credit Income Fund

Large investors have recently bought and sold shares of the company. Aurora Private Wealth Inc. lifted its holdings in shares of Nuveen AMT-Free Municipal Credit Income Fund by 5.5% in the second quarter. Aurora Private Wealth Inc. now owns 22,581 shares of the company’s stock valued at $289,000 after purchasing an additional 1,168 shares in the last quarter. Fortitude Advisory Group L.L.C. grew its holdings in shares of Nuveen AMT-Free Municipal Credit Income Fund by 6.2% during the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 20,263 shares of the company’s stock worth $259,000 after purchasing an additional 1,180 shares during the period. Pinnacle Associates Ltd. boosted its position in shares of Nuveen AMT-Free Municipal Credit Income Fund by 1.0% in the third quarter. Pinnacle Associates Ltd. now owns 132,037 shares of the company’s stock worth $1,401,000 after buying an additional 1,325 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 4.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 40,713 shares of the company’s stock worth $521,000 after buying an additional 1,766 shares in the last quarter. Finally, Melone Private Wealth LLC raised its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 1.5% in the third quarter. Melone Private Wealth LLC now owns 128,626 shares of the company’s stock valued at $1,365,000 after acquiring an additional 1,887 shares in the last quarter.

About Nuveen AMT-Free Municipal Credit Income Fund

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.