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Nuveen Municipal Credit Income Fund NYSE:NZF Stock Report

Last Price

US$11.82

Market Cap

US$2.3b

7D

0%

1Y

2.5%

Updated

17 Apr, 2024

Data

Company Financials

Nuveen Municipal Credit Income Fund

NYSE:NZF Stock Report

Market Cap: US$2.3b

NZF Stock Overview

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

NZF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends1/6

Nuveen Municipal Credit Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Municipal Credit Income Fund
Historical stock prices
Current Share PriceUS$11.82
52 Week HighUS$12.29
52 Week LowUS$9.82
Beta0.57
1 Month Change-1.99%
3 Month Change2.69%
1 Year Change2.52%
3 Year Change-28.58%
5 Year Change-22.62%
Change since IPO-21.72%

Recent News & Updates

Recent updates

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

Feb 05

NZF: Very Erratic Payouts Explained

Jun 12

Nuveen Municipal Credit Income Fund dividend declines by 14.9% to $0.043

Jan 11

Nuveen Municipal Credit Income Fund declares $0.0505 dividend

Nov 04

Nuveen Municipal Credit Income Fund declares $0.0505 dividend

Oct 06

Nuveen Municipal Credit Income Fund declares $0.0585 dividend

Sep 02

Nuveen Municipal Credit Income Fund declares $0.0585 dividend

Jul 06

Nuveen Municipal Credit Income Fund declares $0.066 dividend

May 10

Nuveen Municipal Credit Income Fund declares $0.066 dividend

Jan 05

Nuveen Municipal Credit Income Fund declares $0.066 dividend

Dec 02

Nuveen Municipal Credit Income Fund declares $0.066 dividend

Nov 03

Shareholder Returns

NZFUS Capital MarketsUS Market
7D0%-2.6%-3.7%
1Y2.5%22.7%20.5%

Return vs Industry: NZF underperformed the US Capital Markets industry which returned 22.2% over the past year.

Return vs Market: NZF underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is NZF's price volatile compared to industry and market?
NZF volatility
NZF Average Weekly Movement1.3%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: NZF has not had significant price volatility in the past 3 months.

Volatility Over Time: NZF's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/an/awww.nuveen.com/CEF/Product/Overview.aspx?FundCode=NZF&refsrc=vu_nuveen.com/nzf

Nuveen 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 the income from which is exempt from regular federal income taxes.

Nuveen Municipal Credit Income Fund Fundamentals Summary

How do Nuveen Municipal Credit Income Fund's earnings and revenue compare to its market cap?
NZF fundamental statistics
Market capUS$2.27b
Earnings (TTM)-US$4.08m
Revenue (TTM)US$192.47m

11.9x

P/S Ratio

-561.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NZF income statement (TTM)
RevenueUS$192.47m
Cost of RevenueUS$0
Gross ProfitUS$192.47m
Other ExpensesUS$196.55m
Earnings-US$4.08m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin100.00%
Net Profit Margin-2.12%
Debt/Equity Ratio72.9%

How did NZF perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

-2,524%

Payout Ratio
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