Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Shareholders to Receive $0.08 Monthly Dividend

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0790 per share on Monday, November 2nd. This represents a $0.95 annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Thursday, October 15th.

Nuveen AMT-Free Municipal Credit Income Fund Trading Up 1.9%

Shares of NYSE:NVG opened at $10.81 on Friday. The company’s fifty day moving average is $11.90 and its 200 day moving average is $12.34. Nuveen AMT-Free Municipal Credit Income Fund has a 52 week low of $10.32 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 L. Brennan sold 5,000 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $12.45, for a total transaction of $62,250.00. Following the completion of the transaction, the portfolio manager directly owned 13,050 shares of the company’s stock, valued at approximately $162,472.50. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Institutional Investors Weigh In On Nuveen AMT-Free Municipal Credit Income Fund

Large investors have recently modified their holdings of the stock. Main Street Group LTD purchased a new stake in Nuveen AMT-Free Municipal Credit Income Fund in the first quarter worth about $28,000. Hantz Financial Services Inc. grew its stake 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 worth $39,000 after purchasing an additional 2,974 shares during the period. Bank of New York Mellon Corp bought a new position in Nuveen AMT-Free Municipal Credit Income Fund in the first quarter worth $131,000. Global Retirement Partners LLC bought a new stake in shares of Nuveen AMT-Free Municipal Credit Income Fund during the 2nd quarter valued at $140,000. Finally, Vista Investment Management bought a new position in shares of Nuveen AMT-Free Municipal Credit Income Fund in the 2nd quarter worth about $143,000.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

Nuveen AMT-Free Municipal Credit Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol NVG. The fund is managed by Nuveen, an investment management firm and subsidiary of TIAA, and is designed to provide investors with current income that is exempt from regular federal income tax.

The fund invests primarily in municipal securities issued by states, cities, counties, special districts and other governmental entities throughout the United States.