NVG: Tax Efficiency And High Yield In Municipal Bonds

Nuveen AMT-Free Municipal Credit Income Fund offers a 7.79% yield, monthly distributions, and AMT-free income, appealing to tax-sensitive investors. NVG trades at a 4.85% discount to NAV, below its 10-year average, enhancing its attractiveness for value-focused buyers. The NVG fund's portfolio is diversified across 1,088 holdings, with significant allocations to tax obligation, healthcare, and housing sectors.

Seeking Alpha • Sep 23, 2025

NVG: Converting Capital Into Income

NVG is a closed-end municipal bond fund, leveraging credit and interest rate risk to maximize tax-free income for high-income investors. The fund is AMT-free and targets investors facing high federal income tax rates, but its appeal is limited by its capital return distribution. A significant portion of NVG's distribution is return of capital, not earned income, which raises concerns about sustainability and suitability.

Seeking Alpha • Jun 3, 2025

NVG: Distribution Increase Leads To Expected Discount Narrowing

Several Nuveen municipal bond closed-end funds aggressively raised distributions earlier this year, one of those funds being NVG. NVG's high leverage and potential mixture of lower credit quality exposure offer higher yields, but that does come with increased risks. Despite recent Fed rate cuts, coverage of the distribution is likely to remain weak, this is likely to lead to a mix of tax-free and tax-deferred income classified distributions.

Seeking Alpha • Nov 7, 2024

NVG: Muni Fund To Buy Hand Over Fist

Market conditions are very favorable to own long duration and top credit Muni funds, with rate cut expected and a slowing economy. NVG is a top Muni fund with 7.3% tax-exempt yield and 9.4% NAV discount. NVG's high leverage is expected to work well in the rate-declining cycle.

Seeking Alpha • Aug 8, 2024

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Business Wire • Jun 3, 2024

NVG: 3 Reasons To Be Cautious Despite Large Discount To NAV

The Nuveen AMT-Free Municipal Credit Income Fund is a popular CEF with over $4 billion in managed assets. NVG trades at a significant discount to NAV, but there are several negative factors that make it unattractive compared to other similar products. Negatives include a high expense ratio, weak historical risk-adjusted returns, and a high cost of leverage relative to underlying asset yield.

Seeking Alpha • Dec 28, 2023

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Business Wire • Dec 1, 2023

Nuveen Municipal Closed-End Funds Announce Distribution Updates

NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally, several leveraged municipal closed-end funds have announced distribution rate increases of between 7% and 24% to deliver higher monthly cash flows to shareholders. These changes are intended to help support secondary market trading in fund shares and improve each fund's discount to NAV. It is ant.

Business Wire • Oct 23, 2023

NVG: Historic Discount Available Keeps My Buy Rating

Fixed income funds have suffered due to rising rates and fear of future interest rate movements, widening the gap between asset prices and their liquidation value. The Nuveen AMT-Free Municipal Credit Income Fund is currently trading at a historic discount, presenting a potential buying opportunity for investors willing to take short-term losses. The fund invests in undervalued municipal securities and aims to provide current income exempt from regular federal income tax. All bonds are exempt from the AMT process.

Seeking Alpha • Oct 7, 2023

Board Announces Removal of Merger Proposal from Annual Meeting Agenda

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP) and Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG) announce the removal of a previously approved merger proposal from the funds' upcoming annual meeting agenda. The Boards of Trustees considered current market conditions and other relevant considerations for each fund in assessing whether to move forward with the proposed merger. It was determined that the proxy solicitat.

Business Wire • Sep 29, 2023