Nuveen Municipal Credit Income Fund

Nuveen Municipal Credit Income Fund is a Closed-End Investment Fund/Investment Trust. Its investment objective is to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds. The company was founded on September 25, 2001 and is headquartered in Chicago, Illinois.

DoubleLine Yield Opportunities Fund

DoubleLine Income Solutions Fund

FS Credit Opportunities Corp

PIMCO Dynamic Income Fund

Are higher interest rates and lower bond prices a sure thing for 2025? Mainstream financial pundits say yes.

5 Best Monthly Dividends For 2025 With Yields Up To 13.7%

NZF offers a high distribution yield of 7.33%, but its earnings coverage ratio and negative UNII suggest a possible future distribution cut. The fund's discount to NAV is currently -5.24%, below its 6-month average, indicating a less favorable buying opportunity. NZF has a leverage ratio of 39.49% and an average leverage cost of 4.28%, with a significant interest rate exposure of 12.98 years.

NZF: A High Yielding, Well Run CEF, But The Distribution Is Likely Not Sustainable

BlackRock Municipal 2030 Target Term Trust

Saba Closed-End Funds ETF

Eaton Vance Municipal Bond Fund

Western Asset High Yield Defined Opportunity Fund Inc

Flaherty & Crumrine Preferred Income OpportunityFund Inc

RiverNorth Capital and Income Fund

PGIM Shrt Duratin Hgh Yld Opprtnts Fund

Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.

Ideas For Managing CEF Discount Volatility

Saba Capital Income & Opportunities Fund

BlackRock MuniVest Fund Inc

Saba Capital Income & Opportunities Fund II

We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors like Munis outperformed. NYSE proposed rule change could eliminate annual CEF shareholder meetings, potentially impacting shareholder activism and competition in the CEF space.

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

Bain Capital Specialty Finance Inc

Barings Global Short Duration High Yield Fund

Gladstone Capital

Nuveen Preferred & Income Term Fund

Blue Owl Capital Corp

Blue Owl Capital Corp III

Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.

Opportunities In Income Securities That Have Lagged The Rally

Nuveen Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

Western Asset Managed Municipals Fund

Municipal CEFs have seen distribution hikes in response to activist attacks, aiming to tighten discounts and attract additional demand. Municipal bonds offer attractive valuations, high tax exemption value, and resilience during credit drawdowns, making them an appealing investment. We recently added to our muni CEF holdings on the back of these supporting tactical and strategic factors.

Municipal CEF Update: High Yields And Wide Discounts

Nuveen Floating Rate Income Fund

Nuveen Global High Income Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Multi-Market Income Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Credit Strategies Income Fund

Nuveen Real Asset Income & Growth Fund

Nuveen California Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen Arizona Quality Municipal Income Fund

Nuveen Build America Bond Fund

Nuveen California Municipal Value Fund

Nuveen Dynamic Municipal Opportunities Fund

Nuveen Select Maturity Municipal Fund

Nuveen California AMT-Free Quality Municipal Income Fund

Nuveen Multi-Asset Income Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Income Fund Inc

Nuveen Minnesota Quality Municipal Income Fund

Nuveen Massachusetts Quality Municipal Income Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen New York Municipal Value Fund

Nuveen Missouri Quality Municipal Income Fund

Nuveen Core Plus Impact Fund

Nuveen Variable Rate Preferred & Income Fund

Nuveen Virginia Quality Municipal Income Fund

Nuveen Pennsylvania Quality Municipal Income Fund

Nuveen New York AMT

Nuveen Municipal Value Fund Inc

Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Credit Income Fund

Nuveen California Select Tax-Free Income Portfolio

Nuveen New Jersey Quality Municipal Income Fund

Nuveen New York Select Tax-Free Income Portfolio

Nuveen Select Tax-Free Income Portfolio

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.

Nuveen Closed-End Funds Declare Distributions

iShares 20+ Year Treasury Bond ETF

This market rally could roll right through the summer (so much for “Sell in May and go away!”), and we've got two sweet bond buys to play it.

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Municipal Bond CEFs are trading at their largest discounts in 18 years. Factors contributing to the discounts include higher short-term rates, ownership of longer-term municipal bonds, and leverage. Nuveen Municipal Credit Income Fund is reviewed, with a focus on its holdings, distributions, and price/NAV performance.

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

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.

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

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.

Nuveen Municipal Closed-End Funds Announce Distribution Updates

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance

Federated Premier Municipal Income Fund

Deutsche Strategic Municipal Income Trust

BlackRock MuniYield Quality Fund Inc

Putnam Managed Municipal Income Trust

Pimco New York Municipal Income Fund

Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affected by increased leverage costs. Muni CEFs have upside potential once interest rates normalize, but individual munis offer lower risk and higher yields.

Municipal Bond CEF Update Aug 2023: Valuations Are Incredible

BlackRock Credit Allocation Income Trust

MFS High Yield Municipal Trust

Eaton Vance Short Duration Diversified Income Fund

Flaherty & Crumrine Total Return Fund Inc

Blackrock Floating Rate Income Strategies Fund Inc

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Access Income Fund

Pimco High Income Fund

Putnam Master Intermediate Income Trust

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

iShares National Muni Bond ETF

There's a crop of outsized dividends out there that are absurdly underpriced—I'm talking 14%-off discounts here. And our opportunity to pounce has arrived.

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In this article, we take a fresh look at the tax-exempt Municipal CEF sector. Both Muni CEF discounts and yields are near their decade-high level, making the sector valuation attractive. We highlight a number of tailwinds and our picks.

Municipal CEF Update: Valuation In The Sweet Spot

The Nuveen Municipal Credit Income Fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes. The fund seeks to invest in investment-grade securities rated Baa/BBB or better with an average maturity of around 18 years. The recent erratic movements in NZF prompted a deeper analysis, covering holdings, distribution, price and NAV, and portfolio strategy.

NZF: Very Erratic Payouts Explained

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

1 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. ETV/EXD merger completed.

Weekly Closed-End Fund Roundup: April 23, 2023

Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.

Why I Just Loaded Up on Municipal Bond Funds

NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSE: NZF) has declared a post-merger distribution. The distribution follows the pre-merger distribution, announced on April 3, 2023.

Nuveen Municipal Credit Income Fund Declares Post-Merger Distribution

Nuveen Georgia Quality Municipal Income Fund

Nuveen Ohio Quality Municipal Income Fund

NEW YORK--(BUSINESS WIRE)--The mergers of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) and Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG) into Nuveen Municipal Credit Income Fund (NYSE: NZF) were successfully completed prior to the opening of the New York Stock Exchange on April 17, 2023.

Nuveen Municipal Closed-End Funds Announce Completion of Mergers

NEW YORK--(BUSINESS WIRE)--As previously announced, shareholders of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) and Nuveen Georgia Quality Municipal 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 combine each of NUO and NKG into NZF.

Nuveen Closed-End Funds Announce Intention to Redeem Preferred Shares

NEW YORK--(BUSINESS WIRE)--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 combine each of NUO and NKG into NZF.

Nuveen Municipal Closed-End Funds Announce Shareholder Approval of Proposed Mergers

First Trust Mortgage Income Fund

First Trust High Yld Oprtnts 2027 Tr Fn

Invesco High Income 2024 Target Term Fund 

MainStay MacKay DefinedTerm Municipal Opportunities Fund

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 NAVs. We favor munis and high-quality taxables.

CEF Report February 2023 | The January Effect Didn't Disappoint

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.

Muni CEF Update: Great Time To Buy But Not Without Challenges

News for Nuveen Municipal Credit Income Fund ETF (NZF)