NZF News and Press, Nuveen Municipal Credit Income Fund From 03/10/23

Common and preferred shareholders of Nuveen Ohio Municipal Quality Income Fund (NYSE: NUO) and Nuveen Georgia Municipal Quality Income Fund (NYSE: NKG), and preferred shareholders of Nuveen Municipal Credit Income Fund (NYSE: NZF), have approved a proposal to merge the funds. The mergers will com...

Summary The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAV...

Nuveen Municipal Credit Income Fund ( NYSE: NZF ) declares $0.043/share monthly dividend , in line with previous. Forward yield 4.16% Payable March 1; for shareholders of record Feb. 15; ex-div Feb. 14. See NZF Dividend Scorecard, Yield Chart, & Dividend Growth. ...

Summary What a difference a year makes - a year ago Muni bond yields were barely above 1% while Muni CEF discounts were close to zero. This time around both bond yields and CEF discounts are at very attractive levels. At the same time, the sector faces two challenges which we discus...

Nuveen Municipal Credit Income Fund ( NYSE: NZF ) declares $0.043/share monthly dividend , -14.9% decrease from prior dividend of $0.051. Forward yield 4.28% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See NZF Dividend Scorecard, Yield Cha...

Summary This time of year brings a large number of outlooks, forecasts and risks highlights for investors to consider heading into the new year. Given the significant number of risks on the horizon, allocating capital in this environment can be an uncomfortable proposition. However,...

Summary We had floated the idea of America First Multifamily Investors, LP as a superior alternative to mortgage REITs and municipal bond funds. The performance has been outstanding. We look at Q3-2022 results and tell you why you should be a bit cautious and give you a new ra...

Summary Major indices were mostly lower (Dow finished up) on the week as the earnings season unofficially has begun. We also saw a hotter-than-expected CPI. Discounts are widening out once more and approaching levels not seen since the depths of the March 2020 Covid Crash. Discoun...

The Boards of Trustees of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO), Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG), and Nuveen Municipal Credit Income Fund (NYSE: NZF) have approved a proposal to reorganize the funds. The proposed reorganizations, if approved by s...

Nuveen Municipal Credit Income Fund ( NYSE: NZF ) declares $0.0505/share monthly dividend, -13.7% decrease from prior dividend of $0.0585. Forward yield 5.24% Payable Nov. 1; for shareholders of record Oct. 14; ex-div Oct. 13. See NZF Dividend Scorecard, Yiel...