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NVG

Nuveen AMT-Free Municipal Credit Income Fund NYSE:NVG Stock Report

Last Price

US$11.40

Market Cap

US$2.4b

7D

1.6%

1Y

-17.6%

Updated

05 Jun, 2023

Data

Company Financials

Nuveen AMT-Free Municipal Credit Income Fund

NYSE:NVG Stock Report

Mkt Cap: US$2.4b

NVG Stock Overview

Nuveen AMT-Free Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.

NVG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Nuveen AMT-Free Municipal Credit Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen AMT-Free Municipal Credit Income Fund
Historical stock prices
Current Share PriceUS$11.40
52 Week HighUS$14.73
52 Week LowUS$10.85
Beta0.50
1 Month Change-3.47%
3 Month Change-0.96%
1 Year Change-17.63%
3 Year Change-26.07%
5 Year Change-23.39%
Change since IPO-24.50%

Recent News & Updates

Recent updates

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0425 dividend

Feb 07

Nuveen AMT-Free Municipal Credit Income Fund dividend declines by 22% to $0.0425

Jan 11

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend

Dec 06

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend

Oct 06

Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend

Sep 02

Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend

Aug 08

Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend

Jul 06

Muni CEFs: Back Up The Truck On NVG And NZF

Feb 16

Nuveen AMT-Free Municipal Credit Income Fund Is A Good Choice For That Strategy

Oct 29

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend

May 10

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend

Jan 05

NVG: Nuveen's Higher Yielding AMT-FREE Municipal Bond CEF

Dec 14

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend

Dec 02

Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend

Nov 03

Shareholder Returns

NVGUS Capital MarketsUS Market
7D1.6%2.3%2.1%
1Y-17.6%-3.2%2.4%

Return vs Industry: NVG underperformed the US Capital Markets industry which returned -3.2% over the past year.

Return vs Market: NVG underperformed the US Market which returned 2.4% over the past year.

Price Volatility

Is NVG's price volatile compared to industry and market?
NVG volatility
NVG Average Weekly Movement1.5%
Capital Markets Industry Average Movement0.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: NVG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NVG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NVG

Nuveen AMT-Free Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years.

Nuveen AMT-Free Municipal Credit Income Fund Fundamentals Summary

How do Nuveen AMT-Free Municipal Credit Income Fund's earnings and revenue compare to its market cap?
NVG fundamental statistics
Market CapUS$2.43b
Earnings (TTM)-US$913.02m
Revenue (TTM)US$226.16m

10.8x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVG income statement (TTM)
RevenueUS$226.16m
Cost of RevenueUS$0
Gross ProfitUS$226.16m
Other ExpensesUS$1.14b
Earnings-US$913.02m

Last Reported Earnings

Oct 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-4.28
Gross Margin100.00%
Net Profit Margin-403.70%
Debt/Equity Ratio32.4%

How did NVG perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

-19%

Payout Ratio